Magma has announced the launch of ‘SamyakEco’, an AI-led digital platform developed under its green manufacturing vertical MagmaGreen, aimed at enhancing transparency, efficiency, and compliance across sustainable industrial supply chains. Designed for recyclers, sustainable suppliers, and manufacturers, SamyakEco introduces a unified digital layer to streamline fragmented industrial ecosystems. The platform enables real-time visibility into material flows, transactions, and partner networks, helping stakeholders make informed decisions and improve operational efficiency.
SamyakEco integrates a range of advanced capabilities, including AI-driven supplier onboarding and KYC verification, GPS and FASTag-enabled traceability, automated GST validation, and continuous monitoring of feedstock movement. These features are intended to address long-standing challenges in sourcing, tracking, and utilization of industrial waste and recycled inputs.
With industries increasingly prioritizing sustainability, traceability, and regulatory compliance, the platform seeks to provide a structured and reliable framework for managing circular supply chains. By embedding digital intelligence into operations, SamyakEco aims to reduce inefficiencies and improve accountability across the value chain.
Neal Thakker, Founder and CEO of Magma, stated that the platform aligns with the evolving needs of industrial supply chains, where visibility and trust are becoming essential. He noted that SamyakEco is designed to enable predictable and transparent operations as manufacturers transition toward sustainable and circular processes.
As part of the broader MagmaGreen ecosystem, the platform complements existing services such as recycled feedstock supply, waste management, and asset liquidation. Together, these offerings provide end-to-end solutions for factories seeking to optimize resource utilization and reduce environmental impact.
Rohit Kumar, Senior Vice President at Magma Green, highlighted that the addition of a digital layer enhances scalability and standardization across supply chain operations. He emphasized that real-time data insights and automated workflows enable faster and more informed decision-making for both suppliers and manufacturers.
Manish Gupta, Senior Vice President at Magma Green, added that integrating traceability and compliance directly into operational systems transforms them from reactive processes into continuous and reliable functions.
Founded in August 2022, Magma has established a strong presence across 12 states in India, serving over 250 industrial customers across sectors such as chemicals, packaging, polymers, paper, and heavy industries. The launch of SamyakEco represents a key milestone in Magma’s vision to build a digitally enabled, circular manufacturing ecosystem in India, supporting scalable, compliant, and sustainable industrial growth.
