Innovation
Decoding India’s Innovation Landscape: Insights from Indian Innovation Icons
A data-driven analysis of India's innovation evolution through 19 Years of recognising excellence.
Practical actions for policymakers, industry, and citizens—plus the startups at Scale-Up, that are already making a mark.
India generates more than 3.4 million tonnes of plastic waste annually—and only a fraction of it is meaningfully recycled. Tackling this mammoth task can begin with small, strategic first steps across the plastics value chain.
At Marico Innovation Foundation (MIF), our belief is that a more efficient waste recycling system requires targeted action from every stakeholder —from governments and brands to recyclers and citizens. As also, thoughtful inclusion strategies for the informal waste sector, which continues to do the bulk of the ground work in India’s recycling ecosystem. Some ideas on what this path could look like.
The journey to better recycling starts far before plastic becomes waste. It begins with how products are designed, packaged, and distributed.
No recycling system can succeed without supportive infrastructure that enables waste to be recovered, sorted, and reused.
From civil society to brand owners, every stakeholder in the value chain has a role.
Informal waste workers are the unsung heroes of India’s recycling economy. Recognising their role and providing structural support is essential to improving the system as a whole.
India has the opportunity to become a global leader in plastic circularity. It starts with intentional, inclusive, and incremental action. And every small step counts. MIF remains committed to amplifying the innovators and institutions leading this change. Because the future of plastic is not waste—it’s possibility.
Read more in MIF’s first-of-its-kind playbook that focuses on innovations that can help build a resilient circular economy for plastics in India. The full report is here.
Explore Scale-Up companies in our Plastic Waste Management portfolio here.
A data-driven analysis of India's innovation evolution through 19 Years of recognising excellence.
An overview of MIF’s Plastics Program Roundup 2023-24 event, as featured in TheCSRUniverse.
Uravu Labs, a MIF Scale-Up portfolio company, has achieved a remarkable milestone of 1 million units sold.
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