There is a sudden deep focus on PET Bottles now
After 15th Aug & 2nd Oct 2019 , things have changed dramatically !
On 15 th August, in his Prime Ministerial Speech, Mr Narendra Modi, declared that the Single Use Plastic will be out from Circulation, and it will happen in a phased manner in upcoming 3 years. Meaning, from 2022, there won't be any Single Time Use Plastic in production in India.On 2nd October, the Gandhi Jayanti day, the "Ban" was supposed to be in effect.
Still, no official News
However, from 2nd October, till date, there is no official news about any "Ban" of any kind. A small relief to the already badly hit Bottled Water Industry in India. And for the PET Bottle Machinery, the Preform People, the Mineral Water Turnkey Suppliers and many whose entire business models contain PET in some way or the other. But don't assume that it's over. Modiji is a dirty fellow, and he DOES what he says. He does enjoy such a reputation. And everyone knows that. Be it Mr Chouhan of Bisleri or Mukesh Ambani of Reliance (whose major business rotates around this), they are very sure Modiji will do it one day. And believe me, the 1 Time Plastic is a killer thing, and should end.
The question is ...
For New Entrants, is this a Threat or an Opportunity ? I have already discussed this on my other post (this blog was not in place then). Considering it as an opportunity, here is where the immediate business opportunity lies : PET Bottles Recycling
From the Phrase itself, it's very clear that the empty, thrown away bottles are collected & re-used in 2nds Plastic Production. (This is the savior for PET Bottle industry). There are machines to do that etc. I am not much talking on that. The real challenge lies in bringing the collection, sorting business in the "Organized" sector. For example, let's have look at a Question asked on Quora meaning ..
"Is there any way a normal average citizen can give PET bottles for recycling in India ?"
This generated 3 answers. All of those except the 3rd one gave some other clues than giving it to the Kabadiwala. There are some startups in this space, but they are general.
I dug further, but could not find an easy place where you just order a vendor (like your swiggy) and your bottles are picked up (At a cost may be).
Little elaboration could be ...
- Set up a Startup in the PET Bottle Recycling Niche
- Establish a Bottle Crushing Centre
- Can install Reverse Vending Machines at various public spots, restaurants etc.
- List Kabadiwalas in Locality
- Create an App, Start Promotion
- Start Collecting PET Bottles, Crush them at the centre by separating
- Sell back for recycling (this model is established)
==> Can't it be a marvellous Business Idea ? Please share through Comments please !
# We also run a Podcast , this Idea is more elaborated on the Podcast.
# We also run a Podcast , this Idea is more elaborated on the Podcast.
