Summary
Greenwave Circularity, an Indian circular economy venture, has secured $31.5 million in financing from OeEB, the Development Bank of Austria, to accelerate the adoption of innovative circularity-led solutions and create jobs. The investment will support Greenwave's integrated plastic recycling facility in Odisha, which converts PET bottle scrap into food-grade recycled resin, and comes at a pivotal time for India-EU economic cooperation.
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