Magma, a leader in B2B industrial solutions, has unveiled an expanded range of green manufacturing materials, which includes biomass, agrowaste, residue, husk, cotton stalks, and more. These sustainable materials are crucial for industries seeking to comply with growing regulatory demands that require a shift toward greener practices, particularly in response to government mandates for bio-based energy consumption.
Magma’s foray into green materials is supported by its strong existing capabilities, such as an extensive industry network, logistics expertise, and established connections with over 250 manufacturers across various clusters. These strengths enable the company to deliver these eco-friendly solutions efficiently and at scale, positioning it as a key partner for industries making the transition to sustainable energy sources.
The company’s expertise in green manufacturing is built on its existing waste management operations, which recycle 80,000 tons of industrial waste annually across four dedicated recycling facilities. These facilities convert waste into valuable resources, helping factories meet their sustainability targets while generating significant value for Magma. Additionally, Magma’s green energy and logistics business provides seamless supply chain solutions that power factories with clean energy, further reducing their environmental impact.
“Magma’s solutions are tailored to address the dual challenge industries face today: enhancing operational efficiency and meeting sustainability targets,” said Neal Thakker, Founder and CEO of Magma. “By leveraging our interconnected offerings and capitalizing on market dynamics, this expansion aligns with our strategic vision to meet growing demand. With its high-margin profile, quick capital turnaround, and long-term customer loyalty, we are confident that this segment will drive substantial growth and profitability for Magma while supporting our customers in their shift toward greener practices.”
Gaurav Rawat, Head of Business Development at Magma, who recently joined the company after a successful tenure at Adani Group, highlighted the company’s strategic approach: “Our solutions are designed with SME manufacturers in mind, offering green manufacturing benefits at a per-unit cost that is both affordable and sustainable. At the same time, we have expanded our reach to larger industry players like Arvind Group and Reliance, leveraging these partnerships to scale up. This strategy enables us to create economies of scale, positioning us to capture a larger market share in this growing sector.”
(The above press release has been provided by Business Wire India. Bioenergy Times will not be responsible in any way for the content of the same)
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