The world is shifting towards sustainable alternatives, and this shift has sparked numerous innovations; yet, affordability remains the biggest challenge. When it comes to bio-plastics specifically, most options are two to three times more expensive than traditional plastics.
But what if there is one that finally breaks that norm?
Bhavisya Plast, a trademark under Royal Bengal Greentech Private Limited is a revolutionary innovation that is creating biodegradable plastic from waste broken rice, and doing it at the same cost as conventional plastic.
An Accidental Innovation
What began as a simple R&D project in collaboration with Jadavpur University, has now evolved into one of India’s most promising sustainability ventures.
But how this simple experiment created major waves?
It all started in the kitchen, where Pallavi Luharuka, the founder, was experimenting with converting broken rice into ethanol. During the process, she stumbled upon a heat- and water-resistant compound that wouldn’t melt, one that turned out to be fully biodegradable and cost-effective.
That unexpected discovery became the foundation for Bhavisya Plast – a patented bioplastic that not only rivals petroleum-based plastic in price but outperforms it in sustainability.
From Lab to Shark Tank: The Growth Story
This wasn’t just a lab experiment gone right. Bhavisya Plast has now:
- Secured a patent in India and filed in over 140 countries
- Attracted industry giants like Maruti Suzuki, Tata Steel, Berger Paints, etc.
- Built a side vertical of Eco-lubricants with ₹35 lakh in revenue
- Won ₹2 crore on Shark Tank India Season 4, walking away with four times the original ask
Bhavisya Plast- Major Takeaways
This startup stands out in delivering a solution that’s both truly eco-friendly and economically viable. Here’s what makes it a game-changer:
- Biodegrades in under 90 days
- Is heat- and water-resistant
- Naturally durable
- Easily moldable
- Achieves cost parity with petroleum-based plastic
Bhavisya Plast is providing affordability for MSMEs, who are often the biggest users of flexible plastics.
Final Words
What makes Bhavisya Plast inspiring isn’t just the product. It’s the mindset. In a country where broken rice is often discarded or sold at throwaway prices, Pallavi saw potential where others saw waste.
This is not just a startup story; it’s a testament to how innovation can emerge from the most unexpected places, if you’re willing to look closely.
Read More: Ruta Kamat and Good Graze: Blending Heritage with Health in India’s Coconut Belt
