Effective material tracing systems are essential for sustainable recycling infrastructure, as demonstrated by India's success in attracting over $1 billion in recycling investments while Europe has lost $5 billion due to raw material shortages caused by the inability to trace plastic waste back to its source.
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How India is Solving the Global Recycling Crisis | Siddhesh Kadam | PRS Europe 2026Added:
In last 3 years, zero.
In Europe Facilities have shut down.
5 billion dollar investment has gone down the drain in Europe.
Where else? In India, in Asia.
More than a billion dollar investment has come in just in my state, my country. My state, forget about country, my state.
That's why.
Cuz we are successful in tracing the plastic as simple as that.
Europe needs raw material for the facilities to come up to sustain, right?
Why the recycling facilities have shut down in Europe? Cuz there is no raw material for them to process it.
Cuz they're not able to trace it.
Where you're producing it, but is it coming back in the country for you to treat it? No.
The facilities what is coming, the raw material what's coming, is coming from country like us.
I saw major exhibitors who are from my country, who are from my state, [music] who are from my town.
They're exhibiting uh in Europe cuz they have raw material coming from my country, >> [music] >> which is traced through our system, through our tool what we have in our country, which is running successfully.
In a short time, it is running successfully. Why? Cuz we have that tool in place already, and there is no shortage of raw material.
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