

ECube Investment Advisors Private Limited

Sundaram Climate Institute

Mahindra University

Documentation review by RECEIC Secretariat.

Each entry reviewed by two independent assessors.

Final presentations to identify the winner & runner-up.


Built a large-scale circular economy model transforming diverse waste streams into reusable resources, fuels, and high-value materials. Created an integrated ecosystem for collection, processing, and reintegration of secondary resources.

Circular business model transforms industrial by-products like slag and fly ash into low-carbon construction materials. Nearly 80% of its portfolio comprises green products, achieving a low emission intensity of 258 kg CO₂/tonne.

Radical "Zero Waste" philosophy diverting 7 million PET bottles daily to produce 135 tons of dope-dyed recycled polyester fiber. Dyeing textiles without using a single drop of water through dope dyeing technology.

One of the only companies to have successfully closed the loop for a device-to-device recycling model. Unlocks hidden resources from electronic devices, separating and refining each component with precision for reintegration.

Driving circular economy innovation enabling large-scale exchange programs for leading brands. Extends product lifecycles through refurbishment of IT devices and appliances. Already reduced EPR costs for partners by ~20%.

Pioneering India's first three-tier circular lubricant ecosystem through Nano Circularity™, Micro Circularity™, and Macro Circularity™ programs. Purified over 6 million litres of oil, abated 73.35 Gg CO₂e.

INDEcoP2F technology converts waste plastics into valuable products using the existing Delayed Coker Unit of a petroleum refinery. Achieves plastic to fuel conversion of >95%, especially for multilayered packaging (MLP) waste.

Pioneered the world's first large-scale ZLD implementation for Tirupur's textile cluster. 299 billion litres of water recycled and 18,18,960 tons of salt recovered over 18 years, delivering ₹4939 Cr in cost savings.

Super Plasma DC Arc Furnace — a disruptive innovation enabling ultra-high-temperature processing. Transforms low-grade minerals, metallic ores, and hazardous waste into valuable metals and clean by-products, driving a circular economy.

Implemented green campus features including 97 KWh Solar PV catering to 41% of annual infrastructure load, 36.40% water savings over baseline, and 40%+ LPD reduction through LED lighting. Aims to achieve net-zero in the near future.

Built a multi-stakeholder circularity ecosystem for used oil, integrating core sectors, OEMs, recyclers, digital partners and competitors. Through governance, SOPs and digital traceability, enabled compliant collection and certified recycling at national level.

ReAarti — a chemical recycling joint venture (51% Re Sustainability, 49% Aarti Circularity) uses large-capacity continuous pyrolysis to convert hard-to-recycle end-of-life plastics into high-value circular pyrolysis oil.

Systems-driven, inclusive circular economy model across 10 urban and 03 rural partnerships integrating local bodies, waste workers, recyclers, and entrepreneurs. Enabled recovery of 18,000+ metric tons of dry and plastic waste over 4+ years.

In FY 2024–25, integrated 1.29 million MT of pond ash and 18,189 MT of fly ash, enabling 25% circular material inflow, 96% resource recovery, and avoidance of 31,065 MT of cement and ~50,000+ tCO₂e emissions.