Recove Ventures Private Limited, a B2B circular economy company focused on supply chain and infrastructure for India’s plastic recycling industry, has signed a Memorandum of Understanding with the Department of Industries, Government of Maharashtra to develop a recycling and circular manufacturing ecosystem in the state over the next decade.
The MoU was signed at Mantralaya, Mumbai, between Dr. P. Anbalagan (IAS), Principal Secretary, Industries, Investment and Services, Government of Maharashtra, and Recove Ventures Co-Founders Kunal Kumar and Viral Chhajer. This was followed by a meeting with the Chief Minister of Maharashtra, Devendra Fadnavis, during which circular economy initiatives in the state and Recove’s plans for the sector were discussed.
