MBA Business Development Plan: Plastic Recycling Plant in India

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This document presents a detailed business development plan focused on establishing a plastic recycling plant in India. It begins with an introduction that outlines the problem of plastic waste, its environmental impact, and the need for recycling initiatives. The plan includes a comprehensive literature review providing context and background information on plastic recycling. The methodology section details the research approach, including the research aim, objectives, research questions, and the significance of the study. It explores research methods, survey techniques, market research, and feasibility tests. The plan also addresses the challenges of the plastic recycling industry, particularly in India, and proposes solutions. The analysis section presents data analysis and findings. The conclusion and recommendations provide insights and suggestions for the successful implementation of the business plan. The main topic revolves around the recycling of plastic waste into meaningful substances, aiming to address environmental concerns and promote sustainability. This plan aims to evaluate the profits earned by setting up a plastic recycling plant in India and provides ways for overcoming the challenges. The plan is designed to be a valuable resource for students and professionals interested in the business of plastic recycling.
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Business Development
Plan
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Table of Contents
TOPIC:.............................................................................................................................................3
INTRODUCTION...........................................................................................................................3
Background/overview of the study..............................................................................................3
Impact of whatever you are investigating here............................................................................3
Statement of problem...................................................................................................................4
Research aim................................................................................................................................5
Significance of study...................................................................................................................6
Research rationale........................................................................................................................6
LITRETURE REVIEW...................................................................................................................7
METHODOLOGY........................................................................................................................14
Aim and Objectives of the Research.........................................................................................14
Research Methods......................................................................................................................15
Survey Techniques.....................................................................................................................16
Primary/ Secondary Market Research.......................................................................................17
Feasibility Test...........................................................................................................................18
Sample Framework....................................................................................................................18
Critically Evaluation of the Methodology.................................................................................19
Research Limitations.................................................................................................................19
DATA ANAYSIS..........................................................................................................................20
CONCLUSION AND RECOMMENDATION............................................................................39
Conclusion.................................................................................................................................39
Recommendations......................................................................................................................40
REFERENCES..............................................................................................................................42
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TOPIC:
The main topic of business development plan is related with plastic recycling plant in India.
INTRODUCTION
Background/overview of the study
Plastics appear lightweight, flexible, and robust, however these are being seen as a threat to
mammals, aquatic life, and subsequent generations of human kind, despite their pervasive
appearance and vital role in all of our technical advances, from vehicles and electronics to
substitute coronary arteries. Recent studies of plastic as well as micro plastic waste in each and
every nook and cranny of the environment have raised global awareness of the dangers that the
increasing the using plastic materials has created. This has led to calls for far more conventional
materials to supplement industrial plastics in certain ways. This sector hires many disadvantaged
groups and supplies processed plastics towards the Indian economy somewhere at lowest
possible prices. Although being stereotyped as low-skilled, workers throughout this industry
have acquired a wide range of cost-effective expertise. Aside from quality concerns, unregulated
plastic manufacturing, as practised in India, is linked to a slew of society and the environment.
Employment without safety features, open disposal of factory wastes and wastewaters,
unregulated processing of fractions containing toxic chemicals, and forced labour are all
common unsafe activities. Although recyclers are often mindful of health, economic, and
financial threats, they frequently lose the courage to make a difference. To list a couple, exposure
to such chemicals has now been attributed to disease, disruption to the immune and homeostatic
mechanisms, and behaviour modification. Hazardous materials are normally not processed in
India and are instead burned in regulated incinerators. Unrestrained recycling of these hazardous
materials, like the one undertaken in India's shadow economy, poses a risk of harmful
compounds being emitted into the atmosphere. As a result, it has the ability to cause damage to
people and animals.
Impact of whatever you are investigating here
Instead of lightweight packets, India's unofficial plastics recycling rate has concentrated on
the much more profitable liquid and water bottle, that are simpler to collect and process.
However, the country has produced some of the most innovative solutions to this vexing issue.
Both of these activities are taking place in the context of a government pressure to improve the
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volume of material throughout Indian culture. By 2022, that Indian state needs to double per
person plastics use, likely as a proxy for economic progress and expanded high technology.
Plastic-containing commodities like consumer electronic devices, packaged food, and different
kitchen appliances are in high economies such as India due to the country's rapid growth. As a
result, issues relating to the handling of plastic pollution would become increasingly relevant.
The existence of the informal sector, which consists of a large number of smaller companies as
well as self-employed people with very little limited official status, coordinated around entire
value chain through selection to processing, storage, and processing elements, is primarily
responsible for India's status as a recycling country. This sector hires many disadvantaged groups
and supplies recycled materials towards the Indian economy just at affordable prices. In Delhi,
recycling process is a big economic operation, employ approximately 20,000-25,000 needs and
give a source of income for their households and neighbourhoods. Recycling plants in Delhi
recycle not just to plastic waste produced in the region, and also (and primarily) plastic waste
from several other sections of India as other nations also like Malaysia and Indonesia.
Statement of problem
Plastic recycling remains, on the whole, a renewable practise because it reduces the use of
fossil fuels, carbon pollution, and waste disposal. Certain amounts of plastic pollution, on the
other hand, contain toxic chemicals that need special handling and, sometimes in circumstances,
removal. Brominated fire retardants (used for fire retardant) and toxic metals (stabiliser and
pigment), mercury (pigment), and sulphide (flame - resistant motivator) are all harmful plastic
compounds. To list a couple, exposure to such chemicals has been attributed to disease,
disruption to the nervous and homeostatic mechanisms, and behavioural issues. The main issue,
though, is a lack of or insufficient environmental management at the local level. As a result, the
most basic prerequisite is a technical growth strategy that minimises environmental deterioration.
Plastic, a type of plastic, has replaced synthetic products in nearly every facet of life and has
become an indispensable part of our culture. In the past few decades, nature has seen a
significant rise in the manufacture of plastics, and also an uptick with use of plastic products.
Plastics' strength and durability therefore steadily improved over time. Plastics intake is expected
to increase over the next five years, following a similar trend in the previous five years. Local
municipalities, but at the other level, are adapting to consumer uproar by banning disposable
bags, particularly ultra-thin plastic containers as well as Styrofoam-based items. The central
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government is already planning to ban polyethylene terephthalate, or PVC, a product used
throughout infrastructural projects that releases harmful compounds further into atmosphere
when inappropriately dispose through.
Research aim
The main aim of this research is to make a plant which will mainly operate to recycle the
plastic waste into meaningful substances. The integrity and accountability of a certification
program are specifically correlated to its performance, which necessitates that perhaps the
standards board adhere to global best practices. Off from one another because of the need to
build a stable market for product registration, the registration program for recyclable materials
which needed additional seed financing at first, so qualification premiums can be obtained until
sustainable and environmentally conscious companies are sustainable. Implementing global
standards in the qualification scheme's development could aid in securing this venture capital. As
starting points, they have the ability to stimulate the transition of India's local recycling sector to
one that is more productive. But nevertheless, these companies are having a difficult time
breaking through into Indian plastic recycling industry since their materials are generally
differentiated towards less sustainable manner recycled materials: there seem to be actually no
funding structures in place to allow their activities noticeable.
Research aim
“To examine the business development plan for setting up plastic recycling plant in India
for proper use of Plastic”
Research Objectives
To understand the term plastic recycling plant
To examine the use of plastic by set up the plastic recycling plant
To evaluate the profits earned by setting plastic recycling plant in India
To determine the challenges under setting plastic recycling plant in India
To measure the ways for overcoming the challenges that is present at the time of setting
plastic recycling plant in India.
Research Questions
What is the term plastic recycling plant?
What is the use of plastic by set up the plastic recycling plant?
What profits are earned by setting plastic recycling plant in India?
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What are the challenges that are arises under setting plastic recycling plant in India?
What are the ways for overcoming the challenges that is present at the time of setting
plastic recycling plant in India?
Significance of study
Systematic plastic recycling companies find it difficult to cope with these low-cost
frameworks, particularly should they choose to meet or exceed social and ecological legal
criteria to manufacture more sustainable way renewable energy. Furthermore, because of their
need to store gathered and often partly recycled micro plastics, they are often identified with
informal participants and behaviours. A standard for sustainable way plastic bottles particles and
gelatin may be a key component in accelerating the transformation to a more efficient plastic
recycling industry. This system will make it possible to verify, certify, and publicise the services
offered by sustainable recyclable materials.
If a market for slightly elevated recycled materials is sometimes created and fulfilled by
packaged goods, so fabricators that produce certified goods would be able to operate
commercially viable companies. As a result, this report concentrated on the "warm" aspects of
classification rather than the technological material consistency of recyclable materials.
Although it is a frequent problem, there are few general conditions that can be provided since
each future recycler would have various needs. A registration scheme for moderate recycled
plastics like drops and powder form may be a good way to help with the transition. Businesses
should be forced to charge a price on their approved goods, with the added value understood by
the consumer. To be genuinely revolutionary for the industry, the certification will need to be
based on several of the conservation foundations. It should fail to secure the economic value of
higher-quality recycling while still taking into account environmental and social issues.
Research rationale
The aim of this development plan was to gather the appropriate sectorial context information
for creating a product rating system. Four main areas that need to be considered for a structure
were identified in consultation with stakeholders. Possible future credential shareholders were
identified, the Indian reprocessing industry was characterised with an emphasis on its market and
financial condition, as well as an analysis of regulated contaminants in plastic pollution, and also
track and trace issues and strategies for waste material fractions going through both the
environmental field, was completed. The research found a significant number of possible
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stakeholders and recycling agencies that could be approved. A number of NGOs working in the
area of recycling facilities are also considered to be significant collaborators. Depending on the
types of market models and levels of economies of scale, approval of plastic resin items can be
difficult. The methods used to recycle plastics, but from the other side, are relatively simple to
incorporate sustainable way and therefore are fairly sequential, which can make equitable
validation easier even though these procedures are distributed through a supply chain. In waste
plastics, regulated substances such as harmful chemicals, toxic substances, as well as
formaldehyde are available, which they must be properly handled. The application of these
chemicals in waste products is, however, reasonably well understood, and hence does not pose
an impossible challenge.
Structure of the Research
LITRETURE REVIEW
A literature review is termed as a scholarly paper which represents the existing skills and
knowledge involving substantive findings and the theoretical and methodological contribution
towards a study. Literature plays an imperative role in each investigation as it provides
theoretical framework via analysis of the previous investigation or the information that area
already available in relation to a specified area. in the context of this present business
development plan literature review is imperative in providing suitable theoretical framework in
the manner of providing suitable concepts, models, theories that are widely based over the aspect
of examine the business development plan for setting up plastic recycling plant in India for
proper use of Plastic. Therefore, this section helps the researcher in enhancing theoretical
understanding in relation to the chosen subject.
Plastic's pervasiveness in contemporary society suggests that it will join the recycle network
from an apparently endless number of places. That being said, not even all plastic pollution is
ideal for recycling or productive. In a city where the majority of waste disposal is handled by
private, unregulated players who adopt a solely commercial rationale, this means that a
significant amount of plastic waste goes unclaimed and ends up as litter. Materials are found in
many goods as part of a diverse blend of ingredients that can often involve materials, plastic,
rubber, including plastic. Manual breakdown is frequently needed for these items in process of
separating plastic pollution fractions (plastic scrap). To get better rates, a first sorting of plastics
by solvent should be done at the shoe cobbler.
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Plastic scrap traders then purchase surplus plastic pieces and organise them into various
forms of plastic. Pigments, stabilisers, fire retardants, synthetic polymers, and other fillers are
widely applied to plastics in order to achieve the desired properties. Any of those ingredients, as
mentioned in the beginning, may be harmful to human health and environment. Additives may
also be impurities that cause recyclers' recycling costs to rise. Biodegradable materials are
classified by solvent, material, and “rating,” that relates to how the plastics is fresh, reused once,
or reused many times, in order to create a simple and homogeneous recyclable materials. Easy
methods such as image, sounding when struck, scent when burned, reaction with organic
solvents, as well as other simple approaches are used by plastic waste sorting machines to
distinguish resins. All of this happened without any kind of defence. Plastics are sorted by
“degree” depending on their optical characteristics (shininess, colour) and also their stiffness
(polymers weaken when reused involves the breaking breakdown of hydrogen bonding), which
is almost always used in better manner. My work entails assessing the reliability and safety of
certain endogenous plastic recognition approaches. A similar concern is the involvement or
interaction with controlled or unnecessary contaminants, such as residual substances of bottles.
This kinds of requirements are mostly derived from previous agreements by product producers,
rather than from consumer protection rules. As a result, the number of chemicals used by
downstream producers can vary. As with ingredients, there seem to be no known universal limit
values as well as no widely accessible lists which chemicals in question.
A common criterion in this group is for the manufacturing firm to demonstrate that the
processed substance has never communicate with a particular chemical, which necessitates full
traceability as well as great understanding about where certain substances are used in
manufacturing and in homes. Manufacturers of post-industrial waste will also be required to
certify in principle that no contaminants of significance are used on their property. It depends
upon the quality criteria to also be met as well as the material in problem if measures will play
some efficient and appropriate role throughout this issue. Measurements are unable to satisfy a
"no-touch" criterion. Despite making significant efforts to incorporate transparency in global
production processes, the plastics recycling plants surveyed have failed to satisfy their same
demands, and also the standards of international and domestic downstream producers. A
qualification scheme tailored to the Indian context can therefore not just to add new standards,
but also include a cohesive and adaptable solution of traceability that is also globally credible.
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Between crushing and injection moulding, some advanced recycling facilities using sink-float
sorting to distinguish heavy and strong plastic segments, which involves adding sodium
hydroxide solution to maximise its density. Since it has less contaminants, the light portion is
alluded to as "simple" polymer and can also be marketed at increased costs.
The strong portion is labelled "FR" plastic, implying that its weight is due to the presence of
harmful chemicals. Although the inclusion of harmful chemicals does improve density, other
chemicals can have the same impact. The policy maker tries to figure out how much of this "FR"
plastic is really flame defective and if it contains dangerous brominated harmful chemicals. The
market for "FR" plastic is poor, but it does exist, and it comes from producers of goods that need
thermal stability, such as electrical products. Those companies usually purchase “FR” plastic
straight from of the processing or injection moulding units that work with that as well. The
prevalence of managed chemicals throughout recyclable materials makes it difficult for
biodegradable materials to be sold. The number of contaminants subject to international
organizations regulations is surprisingly limited, and their presence in the recycling process is
comparatively well-known. While certain empirical checks may be needed to credibly prove that
materials are within required thresholds, the intensity of such measures may not be so strong as
to make recycling uneconomical, and they should be based on the global state-of-the-art, that
mostly limits oneself to several measures per commodity and input material annually
environments where there has been a genuine concern. The introduction of specifications by
individual upstream customers of recycled materials, particularly the "no-touch" specifications,
is of particular concern. A compliance organisation can promote discussions between recycling
centres and consumers of recycled materials about how such standards should be applied,
ensuring that all approved parties are on the same footing. The ISO IWA 19 GP recommends
taking a step-by-step approach to introducing changes. This means that each company
undergoing certification should work with the certification department to formulate a roadmap
for how it needs to change its operations. To maintain a level playing field, the anticipated rate of
progress must be transparently established. Though minimum standards (i.e., adhering to legal
requirements as well as any specific qualification programme requirements) are necessary and
should be applied in a credible way, companies should be given time to enact these requirements.
This is particularly vital to ensure that small companies will take part in the certification
process. The introduction of requirements by single downstream buyers of recycled plastics,
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especially "no-touch" requirements, is a source of greater concern. A certification organisation
should promote discussions between recyclers and consumers of recycled materials about how
these standards should be applied, ensuring that all accredited parties are on the same playing
field.
Marketing mix analysis
To effectively understand the concept of recycling plastic it is very prominent to
emphasis on the packaging of plastic packaging from recycled post- consumer drinking bottle. In
this firm will focus on availability of market in India that is mainly in the eastern part of UP. In
plastic industry there is usually a no brand name (Priyadarshini and Abhilash, 2020). In India
population of several states like Varanasi, Allahabad, Jodhpur are basically focus on the income
group families who mainly focus on the plastic products rather than fibre that is cheaper in cost.
Due to this many plastic recycling companies are highly focus on implementing their business in
India so that they will earn high amount of profits and revenues along with gaining long term
sustainability within the marketplace. Hence, in India there is huge market to exploit. In terms of
Allahabad in INDIA where around 500 tons of solid waste is produced from the 15 tons of
plastic bags and around 7 tons of plastic bottles are generates per day. Thus this helps plastic
recycling industry to get the raw material on continuous basis. In this recycling plastic plant sell
raw material for packaging to the small companies within the area of India and approximately 30
small and medium scale business enterprise are indulging within this working and support setting
recycling plant in India. Due to this large amount of industrial customers are available in India
that highly supports Indian Economy in the world. To understand the marketing strategy this
report reflects the Marketing mix of the industry that is presented below:
Products and services- As the recycling plastic business plant provides the wide range
of plastic products to customers like households and raw material for packaging (Kumar and et.
al., 2020). To recycle the products of plastic there is an effective processed is used to
polyethylene Terephthalate that is considered as PET. It is one of the thermoplastic polymer
viscos that belongs to the polyester family. The major properly of this compound is transparent
in nature due to this reason it is used for packaging the plastic products. Although, the PET
processed has several strength that includes ductility, stiffness and hardness. After an recycling
plastic industry completed the process of recycling for which an extruded plastic is to be
generated. In terms of recycling plastic a plastic extrusion is termed as high volume
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manufacturing process in which the raw plastic is melted and convert into a continuous profile.
In this the products that business enterprise is producing are: Cleaning and recycled flakes of
PET and bottles that mainly recovered from the consumer beverage bottles. Household finished
plastic bottles where the industry will manufacture the plastic tubes of various diameters, plastic
kitchenware that is mainly for end user. Conversion of PET flake in to thermo formers those
moulds plastic sheets into usable products. This PET flake is mainly used to produce high
visibility packaging and also provide help to beverage companies for packaging. Recycled
products are mainly used under the construction products such as damp proof membrane,
drainage pipes, ducting, flooring, bins, street signs and planters are effectively made from plastic.
They are generally cost competitive and resistance to damage. In this local authorities and
schools are highly able to demonstrate recycled products so that people of nation understand the
importance of recycled plastic. This will encourage the business plan for setting recycling plastic
plant in India.
Pricing strategy- This strategy is an essential marketing mix strategy within the business
industry. In this the pricing within plastic recycling plant is based on penetrate pricing strategy.
In recycled plastic business the price of household plastic goods have to set lower than the
market price (Wagner and et. al., 2019). Within this the PET flakes and bottles the prices will be
lower than the competitor that means the lower price helps in getting the contracts of PET bottles
and sheets from several companies. In terms of kitchenware and several other household
products industry offers the combo offers along with discount that is mainly expected by the
customers in the marketplace.
Distribution strategy- It is very essential to set the distribution strategy so that
customers will get the products and services easily and conveniently. In terms of the planting the
recycling plant in India the best distribution centre is Allahabad city which effectively maintains
the supply of goods and services (Aryan,Yadav and Samadder, 2019). From the distribution
centre, they provide the recycles plastic products to the local small grocery shop from where the
customer easily gets the products. However, this industry also hires small hawkers who will
roam around the street of city and sell the products door to door so that customers will get the
products at their door. This also create awareness in the marketplace about the products so that
high profitability results are attained by business in their long term survival.
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Advertising and promotional strategy- It is one of the essential element of marketing
mix where the each and every business and industry focus on promoting their goods and services
to reach the target market audience. The plastic recycling plant is developed in India that reflects
their identity in B2B and B2C marketplace where they adopts the use of two different
promotional strategies. For promoting the products under B2C Market Company use the flyers
that involve whole description of products such as price, offers, discounts, utility and benefits.
For B2B market, company need to focus on promoting the products on social media by
developing their websites from where they spread the contact among several business
enterprises. Social media is very useful promotional tool to provide the details of goods that the
companies need to offers to their end user.
Segmentation refers to the process of dividing the market into small groups so that more
defined categories are developed. This dimension segments the customers and audiences into
small groups that share similar nature such as demographics, interest, needs and location. The
plastic recycling market analysis is mainly segmented into material, recycling process, regions
and applications. In this material segment is sub segmented under Polyethylene Terephthalate,
high and low density polyethylene etc. within this the PET holds the large market share to share
owing to widely used such as packaging, electronics and others. In this the application
segmentation is sub segmented under the packaging, construction, textile and many others
(Prakash and PS, 2019). Under this packaging holds large market share that enhance the uses of
plastic packaging due to extended self that mainly delivers the protection against light, oxygen
and bacteria. In this regional segmentation is mainly based on Asia pacific region that dominant
the plastic recycling market. In this several rules and code of conduct are formulates to support
environmental growth. Increment in the usage of plastic due to growing population and
economic growth within the Asia region helps in developing profitability of plastic recycling
industry.
Target market- Under plastic recycling industry, the target market is the Asian pacific
region where the demand of plastic is high because of high range of population in the country. In
this India is the countries where population of using plastic products are high because in India
mainly people are belong to middle class family. In Asia pacific recycling market the market size
is high because of high volume and value of the plastic products.
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Positioning- Within business industry positioning strategy is one of the essential strategy
that every business industry adopts to create value of the products and services within the
marketplace. In terms of Plastic recycling company, they position their brand by using personal
selling of products and using social media so that large base of customers is attracted towards
gaining profitable results.
Knowledge about industry- Plastic recycling is an effective industry in itself within
India. As per the research around 7360 companies are working within this industry and these
companies are working with a turnover of 9200 Crore that provides employment to millions of
people. In this the per capita plastic consumption is lowest in the world that is just one fifth of
the world average. In India the domestic demand of the plastic consumption in very high that
enhances the demand of plastic products efficiently and efficiently. Therefore India holds high
potential and growth in the major driven sectors that are infrastructure, packaging and plastic
consumer durables. In terms of packaging industry companies are using more plastic then the
developed countries. According to the particular research India produces around 5600 tons of
plastic waste every day and in this each region is specialised for one type of plastic that is PET,
PVC. Therefore, in India foundation if Plastic evaluates the current plastic recycling rate at 60%
where Delhi alone estimated with the high of 54000 units and Delhi and Bombay together
develops the process over 50% of India plastic waste (Khandelwal, and Barua, 2020). This
industry is based on the structure of plastic industry that involves raw material producers,
compounders, stockists, and specialist’s manufacturers or moulders, fabricators and many more.
In terms of Raw Material producers these are chemical and petroleum companies who produce
Virgin plastic in huge quantities. Virgin material are delivered
Understand relevant theories of business model
Business model canvas
Business canvas model refers to a strategic management that is used to develop new
business models and documenting. It represents the visual charts and elements that describe the
firm’s products value and proposition, infrastructure, customers and finances (Fadeeva and Van
Berkel, 2021). It is generally a shared language that describes, visualise and assess the changing
business model. This model considered the rational of how a business enterprise delivers,
captures and creates the value for business. This model was proposed by Alexender
Osterwalder.
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Issues relevant for plastic recycling plant
Plastic products contain the more life as most of the plastic products are currently
incinerated. There are several issues that are considered under the plastic recycling plant:
Correct sorting of material- Plastic is one of the complex material and every type of
plastic properties are differ in colour, shape, structure and melting point. Therefore it is
the major issue for plastic company to sort the sort the plastic into different categories so
that it kept as possible.
Collaboration- Effecting real change takes the collaborative work. It is another issue that
was face under the plastic recycling plant. The collaborative work only exist in the steel
industry.
Employee retention- It is another issue that was relevant under the plastic recycling
plant. Under the recycling plastic company retaining employees for a longer period of
time. Due to high turnover of employees the productivity and profitability of plastic
recycling industry is affected.
METHODOLOGY
Research methodology of investigation is mainly defined as combination of assorted
applications that are imperative in accumulation, analysis and interpretation of the information in
effective manner. By assessing research philosophy, the dependability and practicality of late
information can be anticipated less fatty. For the researcher, it is exceptionally important to
choose the correct exploration technique. It assists with discovering result of issue in certain time
spans. In the context of this current investigation based on the aspect of examine the business
development plan for setting up plastic recycling plant in India for proper use of Plastic, research
methodology is imperative in providing significant direction to the study to aid the study in right
manner.
Aim and Objectives of the Research
Research aim
The key aim of this specific business development plain is “To examine the business
development plan for setting up plastic recycling plant in India for proper use of Plastic”.
Therefore, the key issue discussing in this analysis is about plastic waste and its impact over the
environment and the living of people, thus plastic create an adverse impact over the economy
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and plastic recycling plant is effective to reducing the waste of plastic in India and converting
them into usable goods.
Research Objectives
The objectives are defined as clear and concise statement which is imperative in providing
significant direction to the investigation to reaching at the significant results. The suitable
objectives of this particular analysis are defined as under:
To understand the term plastic recycling plant
To examine the use of plastic by set up the plastic recycling plant
To evaluate the profits earned by setting plastic recycling plant in India
To determine the challenges under setting plastic recycling plant in India
To measure the ways for overcoming the challenges that is present at the time of setting
plastic recycling plant in India.
Research Questions
The suitable questions that are relay over the aim and objectives of the research area
associated as under:
What is the term plastic recycling plant?
What is the use of plastic by set up the plastic recycling plant?
What profits are earned by setting plastic recycling plant in India?
What are the challenges that are arises under setting plastic recycling plant in India?
What are the ways for overcoming the challenges that is present at the time of setting
plastic recycling plant in India?
Research Methods
This is one of effective manners by which researcher methodically answer the investigation
questions. This is the key obligation of the researcher is to aid the study in right manner to assist
the investigation in right manner, therefore, the suitable selection of methodology is imperative
for the researcher to carry out the study in right manner. Two fundamental sorts of strategies for
research are quantitative and qualitative researcher, the description of the aspects is associated as
under:
Qualitative’
Qualitative information is utilized in subjective as opposed to noticeable approaches to
gather information and data regarding a chosen study area. This depends on respondents'
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assessments, sentiments and perspectives. It is less organized and assists with acquiring point by
point data about a subject. This qualitative research ordinarily incorporates words and letters, yet
pictures are additionally once in a while used to show realities or facts. This sort of investigation
tool is valuable in providing allowance to the researcher to explore ideas and experience in-
depth. Thus, this strategy is imperative in developing theoretical framework via the
implementation of concepts, theories, models and so on.
Quantitative-
Quantitative investigation is mainly encompasses over explaining the phenomena by
collecting numerical information that are analysed via applying mathematically based methods.
Therefore, in this, information is estimated by raw numbers that are effective in providing
original facts and figures. It gives factual and numerical data over a chosen study area. The
quantitative investigation is also termed as the procedure of accumulating and evaluating
numerical information, therefore, this can be implemented to analyse the patterns and averages,
make predictions, analyse casual relationship and generalize outcome to wider population. .
In the case of the present business advancement plan based on the aspect of examine the
business development plan for setting up plastic recycling plant in India for proper use of Plastic,
researcher is concern over applying quantitative analysis as it is supportive in providing detained
evaluation where statistical and mathematical information are gathered to generate suitable facts
and figures. Therefore, this tool is imperative in analysing individual, sentiments and thoughts of
the respondents over the aspect of the idea related to the plant for recycling of plastic. In
quantitative exploration, the researcher will set up survey that will address key inquiries in
regards to the subject of thesis.
Survey Techniques
A survey is defined as the investigation tool which is implemented for accumulation of
information through a predefined group of respondents to gain data and insights into various
topics of interests. Survey is encompasses over assorted methods like persons interview,
Telephone interview, Mailed questionnaire, online questionnaires and so on. In the context of
this present business development plan based on plant for plastic recycling primary market
research has been executed by the researcher, as it is the most effective way to gather first hand
information which is specific to the chosen study area. For effective execution of primary market
research, questionnaire has been developed by the researcher to gather significant information in
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relation to the feasibility of plastic recycling plant in India. Questionnaire is an imperative tool of
research which consisting of a series of the questions that are based on the chosen study area.
there is a combination of close as well as open ended questions. The survey has been executing
via online process as the questioners are provided to online process as in this current pandemic of
Covid 19 and the restrictions of government it is not possible to have a personal interaction with
each and every person. Therefore, this is the most effective and suitable tool to gather
information quickly without disobeying the guidance of the government.
Primary/ Secondary Market Research
This section of investigation is relay over two aspects i.e. primary and secondary source of
data collection. As in business development plan both primary market research and secondary
market research are imperative to providing suitable assistance to generate significant results.
Primary Market research
This is the most important sort of information accumulation as this provides assistance to
the entire investigation in the manner of accumulation specific and the first hand information that
are only relay over specified subject and never accumulated before. The primary market research
is imperative in accumulation of specific information within actual facts via analysing the views
of others, therefore, survey, questionnaire, interview, experiments, focus group, case study and
so on are the method of primary data collection which are effective in accumulation of
information in systematic manner about a phenomenon.
Secondary Market Research
This is the most important aspect of information accumulation. This section mainly
indicates that, the information is already been compiled and evaluated through others; therefore,
this section is imperative in providing knowledge via the support of already accumulated
information. The researcher implement assorted sources for the collection of information using
secondary methods, such as books, articles, newspapers, Internet sources, online papers and
many sources. This section of investigation is imperative in providing theoretical support to the
investigation.
In the context of developing a business plan related to implementing a plastic recycling
plant in India due to reducing the wastage of plastic and its impact over environment, both
primary and secondary source of information accumulation are implementing by the researcher.
However, the two are supportive in accumulation of valuable information, as the primary
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research is being executing via the support of designing questionnaire where questions are
designed to gather information about the plastic recycling plant and how it is imperative for India
to improvise their environmental effects. In addition to this, secondary market research is
imperative in execution of literature review via the support of gathering data from books,
journals, articles that are significant in providing idea about recycling plant of plastic.
Furthermore, the online paper and blogs about industrial surveys will be used to examine other
people's views on corporate concept in order of conduction of feasibility research on the business
plan related to plastic recycling plant.
Feasibility Test
A feasibility study is mainly defined as the evaluation which takes all of a project’s
suitable aspects into consideration which involves economic, technical and scheduling
consideration to ascertain the likelihood of completing the investigation properly. For the
business development plan of setting up plastic recycling plant in India, both service feasibility
and market feasibility is being analysed to evaluate the feasibility of the plant. The description of
the two aspects is associated as under:
Service Feasibility
It is related to the new idea regarding the product or services. Under this, feasibility of the
service is assessed according to desirability as well as demand at market place. The better way to
minimize the plastic waste is to recycle this and also reuse. Setting up the recycling plant is an
effective way to recycled the plastic waste into the useful goods.
Market Feasibility
A market feasibility analysis decides whether real estate market is capable of supporting a
specific growth or not. A market analysis feasibility study's key goal is to consider the market
and decide if there is enough interest to make the company profitable. Market research feasibility
study report provides the most in-depth and detailed review of any kind of market research
report. Plastic recycling companies find this complex operate within these reduced structures,
specifically if they want to follow or surpass social and environmental legal requirements in
order to produce more efficient renewable energy. Furthermore, they are frequently associated
with casual members and behaviours due to their have to store collected and sometimes partially
recycled micro plastics.
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Sample Framework
Sampling is defined as the selection of people who are replicates from the wider population
therefore, this is a predetermined measure where individual is select to gather information in
relation to a chosen subject. This section is relay over two aspects i.e. probabilistic and non-
probabilistic sampling. In the case of this idea of developing a plant for plastic recycling, random
sampling method from the probabilistic tool is implemented by the researcher as it is the most
suitable tool which avoids biasness and provides equal opportunity to take participation in an
investigation work. Here selected sample size is 80 respondents who are having suitable idea in
relation to the aspect of plastic recycling and its influence over society and environment in India.
Therefore, sample is mainly picked from India and the idea is all about developing a plan in
India for plastic recycling. The questionnaire is created and then distributed to the people with
the support of online website or over the social networks like Twitter, Facebook, WhatsApp,
Instagram, Snapchat and so on. Thus, these are the easiest and accessible method to enhance the
reach towards the respondents and can have easy conversation with them.
Critically Evaluation of the Methodology
To collect the information, there has been primary data collection method considered as
this is effective in gather fresh and new information about business development plan for setting
up plastic recycling plant in India for proper use of Plastic. Some of the advantages and
disadvantages about the primary method of data collection given below:
Advantages Disadvantages
It is reliable in nature because this is
objective and also gathered directly
from original source.
This is accurate since this is objective
and obtained explicitly from original
source.
This method of data collection is
expensive and costly in nature.
This may not be more feasible to
gather the primary data in some of the
cases because of its required
commitment as well as complexity.
Research Limitations
There were some limitations that the researcher encountered when doing this study. Budget
and time were two of the most significant limitations faced by the researcher. Aside from that,
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there were several problems with the sample and collection. Another drawback was that certain
respondents refused to answer the questions included in the survey. This was observed that the
investigator could have received better results by using more respondents in the survey. Aside
from that, information was limited because few studies on the subject had been done. There were
once disputes arising from racial bias as well as other personal problems. Limitations in research
should be considered so that they're being avoided in subsequent studies. Another illustration of
a study limitation is that the interviewer might be biased against the respondents.
DATA ANAYSIS
Data analysis is termed as the procedure of systematically applying statistical and logical
information to evaluate and illustrate, condense and recap or analyse information that are based
on a specific study phenomenon. Indeed, the investigators mainly analyse for patterns in the
observation via the whole information accumulation phase. In this present study, data analysis is
imperative in evaluating the opinions provided by the respondents in India over the aspect of
development of a business plan for implanting a plant within India for plastic recycling for
reducing the waste of plastic and its adverse impact over the environment. Here, thematic
analysis approach has been implementing by the researcher as it is most suitable way to provide
descriptive evaluation where analysis is encompassing over designing themes that are relay over
the aspect questions of questionnaire.
Questionnaire
Name:
Age:
Gender:
Email:
Q1) Do you have an appropriate idea and recognition in relation to the aspect of plastic
recycling plant?
a) Yes
b) No
Q2) What do you think, the waste of plastic affects the environment adversely?
a) Yes
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b) No
Q3) According to you, the wastage of plastic in India is high?
a) Yes
b) No
Q3) As per your perspective, what negative impact does plastic has over the
environment?
a) Producing toxics pollutants
b) Causing ambient air pollution
c) Plastic may allow inroads into cancerous diseases
d) Emit dangerous methane and carbon dioxide gases
e) Causing littering and storm water drain blockages
Q4) What do you think, are the ways that plastic harms the environment adversely?
a) Plastic is ubiquitous
b) Plastics are one of the main products of fracking
c) Plastics kill more than just people
d) Not all plastic is recyclable and not all recyclable plastic is recycled
e) Most plastics last forever
Q5) As per your perspective, what major issues are faces by India due to plastic waste?
a) Ocean pollutions and cause death of water animals
b) Generate Toxic gases which leads high health issues
c) Environmental degradation
d) Soil pollution and air pollution
Q6) What do you think, setting up a plastic recycling plant is important for India to
reducing the impact of plastic over environment?
a) Yes
b) No
Q7) According to you, what is the use of plastic by set up of the plastic recycling plant?
a) Making car parts
b) Plastic bottles
c) Shoes and pens
d) Packing Cartoons and trash bags
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e) Colanders and containers
Q8) As per your view, in what manner waste of plastic affects the environment?
a) Positive
b) Negative
c) Neutral
Q9) As per your perspective, what profits are earned by setting plastic recycling plant in
India?
a) Reducing environmental impact 43997
b) Promotion of sustainable living
c) Reducing wastages
d) Energy saving
Q10) From your opinion, what challenges are arising under setting plastic recycling
plant in India?
a) Lack of awareness
b) lack of recycled plastic products acceptance
c) Occupies more space
Q11) What are the ways for overcoming the challenges that is present at the time of
setting plastic recycling plant in India?
a) Increasing knowledge
b) Finding Value
c) Design for recycling
Q12) Recommend some ways to promote the sustainable living by reducing use of plastic.
Frequency Table
Q1) Do you have an appropriate idea and recognition in relation to
the aspect of plastic recycling plant?
Frequency
a) Yes 60
b) No 20
Q2) What do you think, the waste of plastic affects the environment
adversely?
Frequency
a) Yes 50
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b) No 30
Q3) According to you, the wastage of plastic in India is high? Frequency
a) Yes 70
b) No 10
Q3) As per your perspective, what negative impact does plastic has
over the environment?
Frequency
a) Producing toxics pollutants 20
b) Causing ambient air pollution 10
c) Plastic may allow inroads into cancerous diseases 20
d) Emit dangerous methane and carbon dioxide gases 20
e) Causing littering and storm water drain blockages 10
Q4) What do you think, are the ways that plastic harms the
environment adversely?
Frequency
a) Plastic is ubiquitous 30
b) Plastics are one of the main products of fracking 10
c) Plastics kill more than just people 20
d) Not all plastic is recyclable and not all recyclable plastic is recycled 10
e) Most plastics last forever 10
Q5) As per your perspective, what major issues are faces by India due
to plastic waste?
Frequency
a) Ocean pollutions and cause death of water animals 15
b) Generate Toxic gases which leads high health issues 20
c) Environmental degradation 30
d) Soil pollution and air pollution 15
Q6) What do you think, setting up a plastic recycling plant is
important for India to reducing the impact of plastic over
environment?
Frequency
a) Yes 50
b) No 30
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Q7) According to you, what is the use of plastic by set up of the
plastic recycling plant?
Frequency
a) Making car parts 20
b) Plastic bottles 30
c) Shoes and pens 10
d) Packing Cartoons and trash bags 10
e) Colanders and containers 10
Q8) As per your view, in what manner waste of plastic affects the
environment?
Frequency
a) Positive 25
b) Negative 25
c) Neutral 30
Q9) As per your perspective, what profits are earned by setting
plastic recycling plant in India?
Frequency
a) Reducing environmental impact 20
b) Promotion of sustainable living 20
c) Reducing wastages 20
d) Energy saving 20
Q10) From your opinion, what challenges are arising under setting
plastic recycling plant in India?
Frequency
a) Lack of awareness 30
b) lack of recycled plastic products acceptance 20
c) Occupies more space 30
Q11) What are the ways for overcoming the challenges that is present
at the time of setting plastic recycling plant in India?
Frequency
a) Increasing knowledge 30
b) Finding Value 30
c) Design for recycling 20
THEME 1: There is appropriate idea and recognition in relation to the aspect of plastic
recycling plant
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Q1) Do you have an appropriate idea and recognition in relation to
the aspect of plastic recycling plant?
Frequency
a) Yes 60
b) No 20
a) Yes b) No
0
10
20
30
40
50
60
60
20
Interpretation: As for the viewpoint of 60 respondents that they have understanding about the
plastic recycling plants. As per their opinion that plastic recycling is the process of recovering
scrap as well as wastage of plastic and processing free materials into the useful products. In this,
there are different types of plastic are melted together and they tend to separate like water and
oil. There are remaining 20 respondents which do not have understanding about me plastic
recycling plant in a detailed manner.
THEME 2: Waste of plastic affects the environment adversely
Q2) What do you think, the waste of plastic affects the environment
adversely?
Frequency
a) Yes 50
b) No 30
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a) Yes b) No
0
5
10
15
20
25
30
35
40
45
50
50
30
Interpretation: As per viewpoint of 50 respondents that the waste of plastic affects the
environment adversely because waste from plastic bags causes the environment damage to the
animal health as well as human health. If the plastic bags are not properly dispose when they can
impact on the environment through causing effect on all organism as well as storm water drain
blockages of the animals, make get tangled and grown in the plastic bags. Plastic sticks around in
environment for the ages for threading toxins and also threatening the wildlife. It contributes the
global warming. There are remaining 30 respondents which are not agree with the given
statement.
THEME 3: There is negative impact does plastic has over the environment
Q3) As per your perspective, what negative impact does plastic has
over the environment?
Frequency
a) Producing toxics pollutants 20
b) Causing ambient air pollution 10
c) Plastic may allow inroads into cancerous diseases 20
d) Emit dangerous methane and carbon dioxide gases 20
e) Causing littering and storm water drain blockages 10
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a) Producing
toxics
pollutants
b) Causing
ambient air
pollution
c) Plastic may
allow inroads
into cancerous
diseases
d) Emit
dangerous
methane and
carbon dioxide
gases
e) Causing
littering and
storm water
drain blockages
0
2
4
6
8
10
12
14
16
18
20
20
10
20 20
10
Interpretation: From the above mentioned graph, it has been stated that there is a negative
impact of plastic use on Environment. There are 20 respondents and they said that the negative
impact of the plastic used on environment is producing be toxic pollutants that impact on the
human health as well as animal. There are 10 respondents and they said that causing the ambient
air pollution caption negative impact on Environment. There are 20 respondents and as per their
perspective that negative impact of plastic on environment is set plastic may have allowed the
imports into the cancerous disease. Plastic develop the negative impact on human health and it
can cause the main reason of cancer. Where are 20 respondents and according to them emit the
dangerous Methane and carbon dioxide gases developed the negative impact. There are 10
remaining respondents and according to them negative impact of plastic use on environment is
causing littering as well as storm water drain blockages.
THEME 4: There is an effective way that plastic harms the environment adversely
Q4) What do you think, are the ways that plastic harms the
environment adversely?
Frequency
a) Plastic is ubiquitous 30
b) Plastics are one of the main products of fracking 10
c) Plastics kill more than just people 20
d) Not all plastic is recyclable and not all recyclable plastic is recycled 10
e) Most plastics last forever 10
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a) Plastic is
ubiquitous b) Plastics are
one of the
main products
of fracking
c) Plastics kill
more than just
people
d) Not all
plastic is
recyclable and
not all
recyclable
plastic is
recycled
e) Most
plastics last
forever
0
5
10
15
20
25
30
30
10
20
10 10
Interpretation: It has been stated from the above mention graph that there are some ways that
plastic is mainly harm environment adversely. On the basis of 30 respondents that plastic is
ubiquitous and it is a way that plastic harms environment adversely. The plastic debris is mainly
found everywhere from Arctic to Antarctica. This clocks Street drains in the cities and letters
campground as well as National Park. There are 10 respondents and according to them plastic is
one of the main product of cracking is fracking is developing the negative impact on planet
because it pollutes the soil water and air with the toxins. This develops underground cavities that
collapse into the sinkholes and raises pressure in underground Rock formations. On the basis of
20 respondents that plastic is harmful for human health and it kills more than just people.
According to their perspective that too in few month impact upon the wildlife that come from the
eating of plastic leading to public protest. From eating the plastic bags, many of the animals are
dead. Eating the plastic result in the intestinal blockage of malnutrition and slow poisoning from
the chemicals. There are 10 respondents and they said that not all plastic is recyclable and not all
the recyclable plastic is recycled. People are confused through terms breakdown versus by a
biodegradable. When the plastic is broken down then last piece of plastic is minimised into the
bunch of a small piece of the plastic. This small piece of plastic and mainly consume through
small animals but are in digestible. There are remaining 10 respondents and as per their opinion
that most of the plastics last forever. According to their opinion that plastic survive even
complex situations like floating around in Marine environment under the blistering former
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relenting sunshine and frozen into the Arctic ice for many years before floating away as well as
landing on some shore.
THEME 5: There are major issues are faces by India due to plastic waste
Q5) As per your perspective, what major issues are faces by India due
to plastic waste?
Frequency
a) Ocean pollutions and cause death of water animals 15
b) Generate Toxic gases which leads high health issues 20
c) Environmental degradation 30
d) Soil pollution and air pollution 15
a) Ocean
pollutions and
cause death of
water animals
b) Generate Toxic
gases which leads
high health issues
c) Environmental
degradation d) Soil pollution
and air pollution
0
5
10
15
20
25
30
15
20
30
15
Interpretation: From the above mentioned graph, it has been stated that there are main issues
faced by the India due to plastic use. On the basis of 15 respondents that Ocean pollutions and
also cause of the animal water animal is a main issue because they eat the plastic and it is in
digestive for health of the animals. There are 20 respondents and according to them generate the
toxic gas which leads to high health issue of people is a main issue faced by India and it is the
main cause of disease of people and reason behind their death. On the basis of 30 respondents
that environmental degradation issue arises from the plastic use. There are remaining 15
respondents and according to their perceptive that from use of plastic there is air pollution as
well as air pollution arises.
THEME 6: There is setting up a plastic recycling plant is important for India to reducing
the impact of plastic over environment
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Q6) What do you think, setting up a plastic recycling plant is
important for India to reducing the impact of plastic over
environment?
Frequency
a) Yes 50
b) No 30
a) Yes b) No
0
5
10
15
20
25
30
35
40
45
50
50
30
Interpretation: It has been stated from the given graph that there are 50 respondents and as per
their perspective that plastic recycling plant is necessary for India in order to minimising the
impact of plastic over environment. As per their perspective that setting the plastic recycling
plant is helpful for minimising the plastic waste. There are remaining 30 remaining respondents
which are not agree with given statement.
THEME 7: Use of plastic by set up of the plastic recycling plant
Q7) According to you, what is the use of plastic by set up of the
plastic recycling plant?
Frequency
a) Making car parts 20
b) Plastic bottles 30
c) Shoes and pens 10
d) Packing Cartoons and trash bags 10
e) Colanders and containers 10
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a) Making car
parts b) Plastic
bottles c) Shoes and
pens d) Packing
Cartoons and
trash bags
e) Colanders
and containers
0
5
10
15
20
25
30
20
30
10 10 10
Interpretation: This has been examined from given graph that there is use of the plastic through
setup of plastic recycling plant. On the basis of 20 respondents that the main use of set up of the
plastic recycling plant is to making the parts of car. On the basis of 30 respondents that plastic is
mainly used for bottles for drinking purpose. There are 10 respondents and they said that plastic
is mainly used in shoes and making the pens. There are 10 respondents and they stated that the
use of plastic through setup of plastic recycling plant is to packaging the cartoons and Trash
bags. There are remaining 10 respondents agreeing with colanders and containers.
THEME 8: Manner waste of plastic affects the environment
Q8) As per your view, in what manner waste of plastic affects the
environment?
Frequency
a) Positive 25
b) Negative 25
c) Neutral 30
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a) Positive b) Negative c) Neutral
22
23
24
25
26
27
28
29
30
25 25
30
Interpretation: On the basis of given graph in has been stated that plastic waste develops the
positive impact on the environment. There are 25 respondents and they said that plastic recycling
plants develops the positive impact on environment is plastic packaging makes positive
contribution to saving the resources as well as minimising the impression. Single use items like
plastic Packaging of the vegetable and fruits give hygienic ways to buy food and minimise waste
that reduce overall resource conjunction. There are 25 respondents and according to them plastic
waste develops the negative impact on Environment because it impacts in takes more years them
to decompose. The toxic substances are main released into the soil when plastic bags are our
parish under sunlight. If they plastic waste are burnt them they released boxes substance into the
air that causing the air pollution that impact on the health of human and animal as well. There are
remaining 30 respondents which have the neutral response about waste of plastic affects the
environment.
THEME 9: Profits are earned by setting plastic recycling plant in India
Q9) As per your perspective, what profits are earned by setting
plastic recycling plant in India?
Frequency
a) Reducing environmental impact 20
b) Promotion of sustainable living 20
c) Reducing wastages 20
d) Energy saving 20
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a) Reducing
environmental
impact
b) Promotion of
sustainable living c) Reducing
wastages d) Energy saving
0
2
4
6
8
10
12
14
16
18
20
20 20 20 20
Interpretation: It has been stated from the given graph that there is some profit on screw setting
the plastic recycling plant in India. On the basis of 20 respondents that the main profit on food
recycling the plastic plant in India is minimising the environmental impact from plastic waste.
There are 20 respondents and according to their opinion that this is helpful in promoting the
sustainable living. If firms work together with internal as well as external stakeholders towards
developing awareness as well as increasing the positive possible causes of recycling and plastic,
there this will lead to see changes towards the environment conservation. There are 20
respondents and according to them setting plastic recycling plant is helpful in minimising the
wastage. As per their perspective that this cannot disposed in the floor or sea. Recycling bottles
become workable alternate for minimising number of the plastic waste. For procedure for the
plastic bottle recycling, innovative techniques are mainly used in this present time for disturb
volume plastic bottles can be recycled in many minutes with innovative practices. There are 20
remaining respondents and according to them energy saving is a main profit of plastic plant.
Cycling of plastic bottles will minimise energy in take effectively. With minimise the energy
function environment remains green. Minimum wastage of the energy of source is valued
always.
THEME 10: There are some challenges are arising under setting plastic recycling plant in
India
Q10) From your opinion, what challenges are arising under setting
plastic recycling plant in India?
Frequency
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a) Lack of awareness 30
b) lack of recycled plastic products acceptance 20
c) Occupies more space 30
a) Lack of awareness b) lack of recycled plastic
products acceptance c) Occupies more space
0
5
10
15
20
25
30
30
20
30
Interpretation: As per the given graph, it has been stated that there are some of the challenges
arising under setting of plastic recycling plant in India. There are 30 respondents and according
to them in order to setting out the plastic recycling plant there is lack of awareness that leads to
mixing of all kind of waste. As per viewpoint of 20 respondents that there is lack of recycled
plastic products acceptance in the market leads more plastic waste to landfill. There are
remaining 30 respondents and according to them it occupies the more space as well as cost
double to the transport.
THEME 11: There are some ways for overcoming the challenges that is present at the time
of setting plastic recycling plant in India
Q11) What are the ways for overcoming the challenges that is present
at the time of setting plastic recycling plant in India?
Frequency
a) Increasing knowledge 30
b) Finding Value 30
c) Design for recycling 20
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a) Increasing knowledge b) Finding Value c) Design for recycling
0
5
10
15
20
25
30
30 30
20
Interpretation: From the above mentioned graph, it has been stated that there are some of the
ways used to overcome from challenges which are present at the time of developing plastic
recycling plant in India. There are 30 respondents and as per their opinion that in answering
knowledge about manufacturing process and make recycling easier is necessary. It is necessary
to provide the training to employees and sharing knowledge so that it is easier to recycle the
Plastic wastage. There are 30 respondents and according to them finding value is most necessary.
Highlighting the recycling work as well as objective for consumers and some of the other
stakeholders can impact positively both sustainability communication and sales. There are
remaining 20 respondents and according to them design for recycling is necessary to set up the
plastic recycling plant. As many of the goods are manufacturing in ways that make plastic
content Complex to separate and recycle. The stationary cycling and provide both training as
well as guidance that plastic content in any of the products can be effectively written into the
circulation and also used to manufacture the new product.
DISCUSSION
Plastic recycling plant
From literature review, this has been discussed that Plastic recycling is related to process
of reclaiming scrap or discarded plastic or reprocessing material to useable items. When various
plastic bags are melted together, the phase-separate, similar to water and oil and form these
layers. The purpose of plastic recycling is to eliminate excessive levels of plastic pollution while
reducing the demand for virgin resources to make new plastic items. This method conserves
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resources and keeps plastic out of landfills and unanticipated locations like the ocean. Plastics
are long-lasting, lightweight and low-cost material. They are applied easily into a variety of
items that may be used in a variety of applications. Plastics are produced in excess of 420 million
tons per year all over the world. As result, plastic recycling, recovery and disposal are
increasingly crucial. Plastic recycling has become easiest and most cost as a result of ongoing
technological advancements. Reliable sensors and advanced judgment and identification
software are examples of such technologies which together improve the productivity and
reliability of robotic plastic sorting. Plastic recycling is critical as means of dealing with current
garbage and as part of sustainable development and zero-waste systems which aim to minimize
trash output and promote sustainability.
Use of plastic by set up the plastic recycling plant
It has been discussed from literature review that Plastic is kind of polymer that is non-
biodegradable and dangerous to the environment. Plastic unlike biodegradable materials cannot
be degraded naturally. They have a great business opportunity with recycling of plastic bottles
and other items. If done correctly, the plastic recycling industry may be quite profitable. Plastic
is ubiquitous in daily lives, from toothbrushes to mugs, buckets, tubs, containers, polybags and
many more items. Decades after years the use of plastic has increased to the point that they can
no longer exist without it. First thing they will need to start recycling business is a suitable
location. This should have enough room to store all of the garbage and waste products, as well as
equipment or utilities. Recycling reduces energy use, virgin raw material use and water pollution.
Energy savings from manufacturing virgin raw materials are partially offset through energy
savings from recycling.
Profits earned by setting plastic recycling plant in India
From the given literature review, it has been examined that India is working hard to
become a world leader in plastic recycling industry. In India, roughly 900 kg of polyethylene
terephthalate are produced each year. The plastic used to make drinking bottles of water, juice
bottles and container packs is polyethylene terephthalate. In this industry, the profit margin is
quite high. The increasing profit margins as a result of extensive recycling activities worked
as magnet, drawing or tugging company owners towards it. Profits are most important factor, and
since this firm generates profits, this is ranked among the best investment locations. It has been
studied that the main benefit of plastic recycling plant is to reduce the pollution around
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ecosystem. Greenhouse gases are major contributor to growing pollution levels in environment.
Oil is burned during the manufacturing of polymers. This produces a significant amount of
greenhouse gases. As a result of recycling plastic instead of manufacturing this from scratch,
dangerous greenhouse gas emissions are greatly reduced. Plastic waste, in addition to damaging
soil, soil and water with hazardous substances may be responsible for deaths of tens of thousands
of animals on land, in water and in sea as a result of ingestion. As a result, pollution is
reduced and many important animal species in food chain are saved.
Challenges under setting plastic recycling plant in India
It has been analysed from literature review that mixed plastics recycling that is both cost-
effective as well as efficient. Considering recycling when developing plastic items and
packaging might assist. Post-consumer flexibility packaging is recovered and recycled. Due to
the lack of technology which can effectively separate plastic garbage, local governments and
most material recovery facilities are unable to aggressively collect plastic garbage. They
probably wouldn't even be having this topic if plastic items were uniform in polymer
composition, collaring, transparency, weight and size, since all of this can be reused together; it
is kind of the case with aluminium which has the greatest worldwide recycling rates. Clearly, it's
not case, as there are millions of various plastic items and containers on market.
Ways for overcoming the challenges that is present at the time of setting plastic recycling plant
in India.
From the information mentioned in literature review, this has bene examined that Plastic
is utilized in the manufacture of everyday home and consumer items, and there is much more
plastic in rubbish than just about any other sort of plastic. In circular economy, the very same
plastic trash is recycled. Plastic garbage that takes a long time to disintegrate, accumulates in
vast quantities on landfills, therefore causes poisonous air to be released. Plastic is complicated
material with distinct qualities that influence its colour, form, structure and melting point. As
result, sorting plastic into distinct categories is critical in order to keep this as pure as possible.
Stena Recycling can assist not just with rubbish collection but also with advise on how to sort
garbage. Different kinds of plastic are frequently blended in production processes due to lack of
expertise, making recycling considerably more complex. It frequently leads to the incineration of
plastics that is a significant waste of important resources. Plastics can be recycled in circular
fashion if they have the right equipment and expertise. They can keep additional plastic out of
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the environment by improving everything from the product design to garbage sorting and
collecting.
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CONCLUSION AND RECOMMENDATION
Conclusion
It has been concluded from the above-mentioned research report that plastic are
inexpensive and durable materials and social life with that can easily mould into variety of the
woods which search used in wider range of the application. The recycle is most necessary action
that available currently to minimise the impact and also represent most dynamic area in plastic
factor in this present time. Recycling gives opportunities to minimise the oil uses former
quantities of waste and carbon dioxide emission needed to disposal. On the basis of report of
year 2017 to 2018, Central pollution control board has exterminated that India generates around
9.4 million tons per annum plastic wastage and out of this property around 5.6 million tons per
annum plastic waste is recycled. Segregation of India as well as its recycling system operates by
informal change of workers from rag pickers who are mainly sort by dealers for sale plastic to
plants. Around 60% of plastic waste in India is recycled. It has been studied that to set plastic
recycling business is more profitable if it is carried out with the proper business planning. Aim
and objectives are developed on the basis of particular subject area. In this present investigation,
literature review has been conducted by consisting the secondary sources such as books, articles,
internal sources, scholars and other sources. In the literature you studied about the plastic
recycling plant in India. There has been discussed about use of the plastic through setup of
plastic recycling plant such as making the car parts, a plastic bottles, shoes and pens, colanders
and containers and also packing cartoons and Trash bags. On the other hand, there has been
studied that there is some profit earned through setting plastic recycling plant in India is set
minimising the environmental impact on promotion of the sustainable living energy saving and
also minimising the wastage. In the literature review, there are some of the challenges studied
which are arising to setting plastic recycling plant in India such as lack of awareness, occupies
more space and also lack of the recycle plastic products acceptance. In order to overcome from
all the issues and setting the plastic recycling plant in India in a better manner. There has been
studied some ways such as in setting knowledge about setting of plastic recycling plant for
finding value and also designed for the recycling. There has been research methodology
conducted that helps in select the correct exploration of technique to getting the positive research
outcomes. Research methodology is mainly conducted on the basis of business problem and plan
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for setting up the plastic recycling plant in India in order to proper use of the plastic. In the
research methodology, there has been quantitative research method selected because it is more
supportive in giving the detailed evaluation where the statistical information is collected in order
to generate the suitable facts and figures regarding the particular subject area. To collect the
information, there has been survey technique used because it is less costly and less time saving
as compared to other methods. There has been primary method to collection of data has been
used because it is effective in gather the new and fresh information regarding the particular area.
In order to use the sample size for fill the questionnaire there has been 80 respondents chosen by
using the random sampling method. The main reason behind using this method is that it provides
equal chance to the chosen participants. In the data analysis part, the findings stated that plastic
wastage of plastic developed the positive and negative impact on the environment. Some the
negative impact of plastic as on environment is producing the toxic pollutants are causing the
ambient air pollution, causing littering and storm water drain blockage and others. There are
some issues faced by India because of plastic waste such as environment degradation, soil
pollution and air pollution and also generate the toxic gases that leads high health issues. There is
some profit on through developing the plastic recycle plant in India is minimising wastage for
minimising the environmental impact on your promotion of Sustainable living and also energy
saving.
Recommendations
Regarding the setting up of plastic recycling plant, it has been recommended from the
above mentioned information that there is a need to enhance knowledge of the employees about
setting up of recycling plant. This is necessary that company have the tools as well as knowledge
to develop the circular recycling for the plastic. From the product design to waste the sorting and
collection company can keep more plastic in the circulation of elites job they can help with
training expertise and sharing the knowledge through collaboration on analysis of business.
Company can set goals and develop the clear actions plans. On the other hand, it is necessary to
finding the values that plastic recycling and develops. There is a need to highlighting the
recycling work and also objectives for consumer and some of the other stakeholders which can
affect positively on the sales and sustainability Communication sales. Plastic is complex material
and each type has unique properties which impact its shape colour melting point and structure.
This is necessary to solve the plastic into various categories so that this can keep as pure as.
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Recycling can be helpful not with collection but also with the advice about consider when
sorting the wastage. Stable supply of the recycled plastic raw material is necessary to enhancing
use among the manufacturers. The Stena Nordic recycling centre enable to recycle plastic and
enhance availability of recycled material on market. On the other hand, recycle soft plastic into
the plastic pallets which can be made only used to make the plastic bags as well as garbage
sacks. The another process recycles the plastic from the electronic goods so that more of it can be
written into the circulation. The efficient real changes take the collaborative work. Not only
among the consumer and company but throughout product chain such as raw material suppliers
and manufacturers and sub-contractors. This kind of collaboration exist already in steel sector
not in the plastic. It is necessary to avoid the mixing plastic types in the products. Stable supply
of the recycled plastic raw materials is necessary to is in ensuring its use between the
manufacturers as well as suppliers.
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REFERENCES
Books & Journals
Aryan, Y., Yadav, P. and Samadder, S.R., 2019. Life Cycle Assessment of the existing and
proposed plastic waste management options in India: A case study. Journal of Cleaner
Production. 211. pp.1268-1283.
Fadeeva, Z. and Van Berkel, R., 2021. Unlocking circular economy for prevention of marine
plastic pollution: An exploration of G20 policy and initiatives. Journal of environmental
management. 277. p.111457.
Khandelwal, C. and Barua, M.K., 2020. Prioritizing Circular Supply Chain Management Barriers
Using Fuzzy AHP: Case of the Indian Plastic Industry. Global Business Review,
p.0972150920948818.
Kumar, A., Wasan, P., Luthra, S. and Dixit, G., 2020. Development of a framework for selecting
a sustainable location of waste electrical and electronic equipment recycling plant in
emerging economies. Journal of Cleaner Production. 277. p.122645.
Prakash, K.E. and PS, N., 2019, February. Wastage Management and Plastic Recycling System.
In Proceedings of International Conference on Sustainable Computing in Science,
Technology and Management (SUSCOM), Amity University Rajasthan, Jaipur-India.
Priyadarshini, P. and Abhilash, P.C., 2020. Circular economy practices within energy and waste
management sectors of India: A meta-analysis. Bioresource technology. 304. p.123018.
Wagner, F. and et. al., 2019. Towards a more circular economy for WEEE plastics–Part A:
Development of innovative recycling strategies. Waste Management. 100. pp.269-277.
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