Dalmia Polypro
Dalmia Polypro Industries (Dalmia) is a sustainability-focused plastic recycling company that produces high-quality recycled materials from local PET and Polyolefin waste for reuse in fashion and packaging applications.
With a strong focus on innovation and technology, Dalmia Polypro is a leading Indian producer of recycled PET and polyolefin materials and is expanding into food-grade recycled plastics.
Since Circulate Capital’s initial investment in 2020, Dalmia has significantly enhanced its productivity and capacity while developing one of India’s largest single-location integrated recycling facilities for food-grade recycled plastics.
In 2023, the company secured approval for up to US$30 million in financing from the U.S. International Development Finance Corporation to support this expansion.
In 2026, Dalmia received Ocean Bound Plastic certification for its rPET, rHDPE and rPP flakes.
Responsible Sourcing in the Plastic Waste and Recycling Sector: Examples of Inclusive Practices in India
Circulate Capital Investment Portfolio Spotlight: Dalmia Polypro
Major plastic recycler, Dalmia Polypro Industries (Dalmia), receives funding from Circulate Capital to strengthen India’s circular economy