Minus Degre reaches ₹1.2 crore as retailers adopt recycled-plastic fit-outs
Bihar recycler Minus Degre says it generated over ₹1.2 crore in FY2024-25, supplying recycled-plastic panels, furniture and interiors to Westside, Adidas and Tata EV stores. The company is expanding capacity and developing materials from textile and agricultural waste.
What happened
Bihar-based recycling startup Minus Degre grew revenue to over ₹1.2 crore in FY2024-25 and supplies recycled-material panels, furniture and interiors to
Key facts
- ₹1.2 crore revenue in FY2024-25
- ₹5,000 revenue in 2020
- ₹30,000 initial setup cost
- Eight Tata EV experience stores
- More than 90 seating modules for Noida International Airport
- 41 lakh tonnes of plastic waste generated annually in India
- 100% recycled plastic products
Why this matters
The company’s relationships with Westside, Adidas and Tata EV stores and its pipeline in textile and agricultural waste make it a potential partnership or acquisition target for fit-out, materials, waste-management and retail-services players.
What to watch
- Named repeat or multi-location orders from Westside, Adidas, Tata EV or other national chains.
- New manufacturing capacity, monthly output disclosures or evidence of shorter lead times.
- Fire-safety, building-material or indoor-air-quality certification announcements.
- Retailer sustainability reports citing recycled-material fit-outs or store-design standards.
- Expansion from flagship interiors into standardized fixtures and larger store rollout programs.
- Gross-margin and working-capital trends as project volume scales.
- Commercial adoption of textile-waste and agricultural-waste material lines.
- Convert current retailer relationships into multi-store framework agreements with pre-approved panel, furniture and fixture specifications.
- Prioritize third-party testing and certifications for fire performance, VOC emissions, durability, recyclability and indoor-use compliance.
- Build a modular catalogue for high-volume retail applications: wall cladding, display plinths, checkout surrounds, seating, shelving and signage backers.
- Secure feedstock contracts for plastic, textile and agricultural waste before adding capacity, reducing exposure to material-quality variability.
- Develop installer and design-studio partnerships so sustainability materials are specified early in store planning rather than substituted late in procurement.
- Use retailer case studies to quantify waste diverted, embodied-carbon reduction, maintenance performance and cost versus conventional fit-out materials.
Also reported by
- YourStory — Same time