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Time Technoplast incorporates wholly owned subsidiary
May-10-2025

Time Technoplast has incorporated wholly owned subsidiary namely ‘Time Ecotech’ (TEPL). TEPL will specialize in recycling and reprocessing of used industrial plastic packaging, contributing meaningfully to India’s circular economy goals. In Phase I of the company, a greenfield facility will be established in Gujarat, marking the inauguration of a nationwide initiative to revolutionize waste management and resource recovery. 

Recognizing the global shift towards sustainable practices, Time Group is taking a proactive leadership role. TEPL, a wholly owned subsidiary, will uphold the group’s values by collaborating with regulatory bodies and industry stakeholders to develop scalable, transparent and eco-friendly recycling processes. The long-term strategy includes an around Rs 120 crore investment in four fully automated recycling plants across India's key regions (West, North, South, East). 

Within the next three years, these advanced facilities are projected to process up to 60,000 metric tonnes of post-consumer plastic waste annually. Utilizing state-of-the-art automation and stringent environmental controls, each unit will maximize recycling efficiency and reintroduce high-quality recycled plastic materials into industrial supply chains. TEPL’s model focuses on value creation by transforming waste into valuable raw materials, thereby mitigating the environmental impact of plastic waste. 

Time Technoplast (Time Tech) is a multinational conglomerate with operations in Bahrain, Egypt, Indonesia, India, Malaysia, U.A.E, Taiwan, Thailand, Vietnam, Saudi Arabia & USA is a leading manufacturer of polymer products.

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