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Date: 2025-12-11 Category: Press Release State: Union Government Country: India

Atal Innovation Mission, NITI Aayog and HUL Partner to Accelerate Transition to Circular Economy

Issued by National Institution For Transforming India (Niti Aayog) · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** NITI Aayog's Atal Innovation Mission (AIM) and Hindustan Unilever Limited (HUL) have partnered to launch a nationwide start-up acceleration program. The program, under HUL's Project Circular Bharat, aims to advance India's transition to a circular economy by identifying and supporting 50 high-potential circular economy start-ups over the next three years. The press release was issued on December 11, 2023. **Key Points / Main Content** * **Partnership:** NITI Aayog's AIM and Hindustan Unilever Limited (HUL) are collaborating on a start-up acceleration program. * **Program Objective:** To advance India's transition to a circular economy. * **Project Circular Bharat:** The initiative falls under HUL's flagship project. * **Startup Support:** The program will identify and support 50 high-potential circular economy start-ups over the next three years. * **Focus Areas:** * Prioritizes start-ups innovating in plastics circularity. * Solutions for plastic recycling, reuse & refill models. * Next-generation packaging materials. * Material recovery in other post-consumer waste streams (textiles, e-waste). * **Benefits for Startups:** * Curated mentorship from business leaders, policy experts, and investors. * Grant funding opportunities. * Pilot opportunities for market validation. * **Resources:** The partnership leverages AIM and NITI Aayog's policy expertise, HUL's industry network, and Xynteo's strategic expertise. **Impact Analysis** **Start-ups:** * **Impact:** Access to mentorship, funding, pilot opportunities, and a network to accelerate the development of circular economy solutions. * **Action Required:** Apply to the program and participate in mentorship and pilot programs if selected. **NITI Aayog & HUL:** * **Impact:** Opportunity to contribute to India's circular economy and build a sustainable future. * **Action Required:** Manage the program, provide resources to start-ups, and track progress towards program goals. **Indian Economy:** * **Impact:** Supports the development of a circular economy and helps cut waste, reimagine recycling, and build green industries. * **Action Required:** None mentioned.

Key Entities Referenced

Project Circular Bharat: Flagship project of Hindustan Unilever Limited aimed at promoting a circular economy by supporting start-ups innovating in plastic circularity and other post-consumer waste streams. NITI Aayog: Government of India's policy think tank, partnering with HUL and AIM to advance India's transition to a circular economy. Hindustan Unilever Limited (HUL): Partnering with NITI Aayog and AIM on the Project Circular Bharat initiative. Atal Innovation Mission (AIM): A Government of India initiative and partner in this collaboration, aiming to promote innovation and entrepreneurship.
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NITI Aayog Atal Innovation Mission, NITI Aayog and HUL Partner to Accelerate Transition to Circular Economy Landmark corporate & government partnership to drive innovation in plastic circularity प्रव तथ: 11 DEC 2025 9:37AM by PIB Delhi NITI Aayog’s Atal Innovation Mission (AIM) and Hindustan Unilever Limited (HUL) have joined forces to launch a nationwide start-up acceleration programme aimed at advancing India’s transition to a circular economy. This initiative, under HUL’s flagship Project Circular Bharat, will identify and support 50 high-potential circular economy start-ups over the next three years. The programme will prioritise start-ups innovating in plastics circularity with solutions for plastic recycling, reuse & refill models and next-generation packaging materials. Beyond plastics, the programme will also support start-ups tackling material recovery in other post-consumer waste streams such as textiles, e-waste. Start-ups selected under the programme will gain access to curated mentorship from business leaders, policy experts, and investors. Selected start-ups may also get grant funding, coupled with pilot opportunities for market validation. The partnership brings together AIM and NITI Aayog’s policy and innovation nurturing expertise, HUL’s extensive industry network, and Xynteo’s strategic expertise to accelerate breakthrough solutions that drive India’s shift toward a circular economy. BP Biddappa, Executive Director and Chief People, Transformation and Sustainability Officer, HUL added, ‘This partnership between NITI Aayog and HUL is a significant step in building India’s circular economy for plastics. It reflects our firm belief that what is good for India is good for HUL. By combining the strengths of government, industry expertise and entrepreneurial energy, we aim to empower next- generation sustainability startups and scale practical solutions at speed’. Dr. Deepak Bagla - Mission Director, AIM, NITI Aayog, said ‘This collaboration builds on the ethos and vision articulated by the Hon’ble Prime Minister, who has affirmed that "For us, sustainable development is not just a slogan; it is a commitment." By empowering start-ups that are redefining how India uses and values its resources, we are unlocking solutions that can cut waste, reimagine recycling, and build the green industries of tomorrow.’About Hindustan Unilever Limited Hindustan Unilever Limited (HUL) is one of India’s largest Fast-Moving Consumer Goods company with its products touching the lives of nine out of ten households in the country. HUL works to create a better future every day. About Atal Innovation Mission, NITI Aayog Atal Innovation Mission (AIM), NITI Aayog is Government of India’s flagship initiative to promote a culture of innovation and entrepreneurship in the country. It fosters innovation through its national programs like ATL, AIC, and ACIC and others. Media enquiries:mediacentre.hul@unilever.com md-aim[at]gov[dot]in **** MJPS/SR (रलीज़ आईडी: 2202009) आगंतुक पटल : 1615 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही , Gujarati , Tamil

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