We are RACE (Recycling and Circular Economy)- an environmentally conscious initiative with a mission to reduce the carbon footprint caused by waste plastic. Our complete vertical set up is responsible from the collection & audit of the 'waste' to the end product using AI & establishing networks to enable Traceability.
RACE has built an Artificial Intelligence enabled app, using block chain for secure transactions to connect buyers and sellers. Recycled pet fabric processed at our GRS (Global Recycle Standards) certified spinning and weaving mills come with the Traceable circle of trust, a first time ever!
RACE Eco chain is involved in aggregation of plastic waste and production of recycled products investing in an idea whose time has come. Promoting a niche line of products made from recycled plastic of the highest quality, promoting sustainability and providing e2e traceability.
About Us
who is Race
Rarely if ever has a business signified such hope for all
Our founding team has experience of over 150 years in the business of waste management, recycling, etc.
Contact Us2010
We began our efforts as early as 2010, When we started collecting waste for corporates.
2013
we grew with pioneering efforts of GEM Enviro which provides EPR services to leading users of plastics in India.
2020-21
RACE turnover in 2020-21 is Rs.60 crore
Projected turnover for current year is Rs.130 crore
2025
By 2025, turnover projected at Rs.2500 crore
Market for recycled plastics is about Rs.55,000 crore (10.5% CAGR)
It could exceed Rs.80,000 crore, if all plastics were 100% recycled