Srichakra Polyplast (India) Pvt Ltd (Srichakra), is a leading plastic recycling company that produces high quality recycled PET and Polyolefin flakes and granules primarily for packaging. A pioneer of recycling processes, Srichakra uses leading-edge technology to create reliable, high-quality materials and bottle-to-bottle solutions to help brand-owners reduce use of virgin plastic. Established in 2012, the company prevents plastic waste entering the environment and supports the circular economy by giving locally sourced plastic waste new life. PET plastic, most commonly in the form of plastic bottles, accounts for over 10% of plastic waste in India. Although 90% of this is collected and recycled, the recycled PET is not up to a high standard, resulting in low levels of circularity. Srichakra was borne from the realisation that it is possible to build a profitable plastic recycling process that ensures plastic bottles do not end up in the ocean and can be reused many times over.