Aligning with ban on single use plastic by the government, Moglix to offer sustainable packaging solution
Customised packing solutions based on the principle of 3Rs: Reduce, Reuse and Recycle
Mumbai, October 01, 2019: In a bid to supplement the government’s move of banning single-use plastics, Moglix, a leading supply chain solutions provider is offering customized packaging solutions designed on the principles of 3Rs: reduce, reuse and recycle across diverse industry verticals and product categories.
Complying with global standards and as part of a sustainability strategy, the company is offering new-age replacements for packaging which includes PLA (corn-starch containers), bagasse containers, aluminium containers, wooden cutlery and biodegradable poly bags for businesses that integrates product innovation in packaging with environmental conservation.
Talking about the rising environmental concern, Rahul Garg, CEO, Moglix said, “Diverse industry verticals in India including e-commerce, consumer packaged goods, consumer durables, pharmaceuticals, and food & beverages among others that deploy single-use plastic for packaging are now required to ensure compliance with the regulation and explore sustainable packaging solutions to hit the ground running. Enabling these impending requirements, we are partnering with businesses and offering them environment-friendly packaging solutions of global standards which will further result in the reduction of carbon footprints.”
Climate change is a growing concern amongst governments across the globe. Addressing the 74th session of the United Nations General Assembly, Prime Minister Narendra Modi told the world that India is initiating a very large campaign in the direction to make the country a plastic-free nation. The ban on single-use plastic is scheduled to come into effect starting October 02, 2019.
Moglix was founded in April 2015 by Rahul Garg, former Head of Advertising Exchange at Google Asia. With this current round, the total amount of funds raised by Moglix stands at USD 100 Million plus.
Moglix has been acknowledged as the fastest growing company in APAC (ex-China) by Deloitte’s Technology Fast 50 Program. Moglix currently has over 14 hubs across the country; it caters to both institutional customers (B2B) and individual customers (B2C). It works with over 500+ large manufacturing clients and 500K+ SMEs. Moglix has elevated a network of 7000+ SME, and big suppliers spread across 25 states in India and brought them on a digital supply chain platform. Within a short span of three years, the company has expanded to across all major manufacturing hubs in India and has the ambition to tap into 25+ industrial centres pan India and International growth. Moglix has 550+ robust team focusing on Auto, Manufacturing, Pharma, FMCG, and technology.