ReCircle’s new textile vertical aims to process 570 MT of textile waste a year
waste management firm ReCircle has entered the textile waste management vertical with a target to process 570 million tonnes (MT) of textile waste in 12 months. The company recently launched Project Extra Life to tackle India’s textile waste problem and build a more sustainable circular economy.
Until now, ReCircle has focussed on managing plastic and paper waste. In FY24, it diverted 65,364 tonnes of waste — paper, plastic, cardboard and e-waste.
“We’re constantly innovating to digitise the waste supply chain, create meaningful opportunities for informal waste workers, build a closed-loop system to extend the life cycle of waste and empower India to move towards a circular future — one piece of trash at a time,” says Rahul Nainani, Co-Founder & CEO, ReCircle.
Nainani says that the company has established circularity for plastic waste. It has been planning to work with new waste streams such as textile, paper and glass for some time. After plastic and paper, textiles are the third-largest source of waste in many states. Textiles significantly contribute to industrial water pollution, demanding innovative solutions.
India’s textile industry produces 7800 kilotonnes of waste a year, according to a Down to Earth report. The global textile industry produces 92 million tonnes of waste a year.
ReCircle is working on reaching more than 1 lakh institutions and individuals such as fashion houses, textile businesses, hospitality giants, educational institutions, brands, offices, factories and households within its
