Swiftly ascending to becoming one of India’s top recycling companies, Badri Cotysn has, in just six years, achieved an impressive Annual Recurring Revenue (ARR) of Rs 500 crore, recycling an astounding six million PET bottles every day. At the heart of its operations is a state-of-the-art facility in Mandideep, Bhopal, where advanced technology converts waste into high-quality polyester fiber.
Established in 2018, by Sumit Gupta and Amit Gupta, Badri Cotysn aims to produce quality recycled materials while building a sustainable and scalable business model. The company aims to be one of India's top three plastic recyclers, supplying industries in textiles, automotive, and geo textiles.
Located in Madhya Pradesh's Raisen district, The Mandideep facility features an 800 kW rooftop solar installation, which powers the facility's operations, significantly reducing its carbon footprint. The plant transforms discarded PET bottles into a range of products, including Recycled Polyester Staple Fiber (r-PSF), recycled PP & HDPE granules, and PET flakes—sustainable alternatives to virgin materials. Badri’s efforts are bolstered by partnerships with major brands like Coca-Cola, ITC, and Pidilite, which utilie Badri's Extended Producer Responsibility (EPR) credits to offset their own plastic waste impact.
As demand for recycled materials rises, Badri Cotsyn has expanded internationally, with a growing presence in European and Middle Eastern markets. In the past year alone, exports have tripled. The company plans to further increase its capacity with a new Rs 150 crore facility in Bhopal, expected to triple revenues in the next three to four years. This new site will focus on meeting the surging demand for recycled plastics, especially for food-grade applications.
Through this integrated approach, Badri Cotsyn offers a compelling model of how tech-enabled solutions can drive change in recycling, presenting a blueprint for a more sustainable future in India and beyond.
