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Recycling the hardest to recycle plastics to enable the circular economy

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Ujwal Desai

Managing Director at Lucro

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Employees 501+
Headquarters Mumbai, Maharashtra, India
Lucro is a recycling company that harnesses the possibilities of flexible plastic to produce high-quality, innovative, and recycled-content products. They handle the entire waste value chain right from collection to recycling and the manufacturing of final recycled products. As a leader in recycled plastic products, Lucro reuses plastic waste to remake products and close the loop to make plastic sustainable. Using their trademarked Plast-E-Cycle technology, Lucro converts the dirtiest plastic waste into recycled granules which ultimately are remade into recycled products at a cost advantage compared to virgin plastics. With 8 years of industry experience, Lucro is now one of the largest suppliers of recycled packaging and protective covers to manufacturers globally as they aim to popularize the recycling culture. 

Notable Achievements

  • First company to set up circular economy for plastic waste in India.
  • Integrated plastic waste management from collection to recycling to product making under a single roof.
  • Started construction of India's Largest Recycling Factory under a single roof.

Currently Operating in Eight Regions

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