Apr 21: Magma, an integrated industrial solutions platform, today announced the launch of SamyakEco by MagmaGreen, an AI-led technology platform designed to bring transparency, efficiency, and compliance to sustainable industrial supply chains.
Built for recyclers, sustainable suppliers, and manufacturers, SamyakEco introduces a digital layer across fragmented industrial ecosystems, enabling real-time visibility into material flows, transactions, and partner networks. The platform integrates capabilities such as AI-driven supplier onboarding and KYC verification, GPS and FASTag-enabled traceability, automated GST validation, and continuous monitoring of feedstock movement.
At a time when industries are increasingly focused on traceability, compliance, and resource efficiency, SamyakEco aims to address longstanding gaps in how industrial waste, recycled inputs are sourced, tracked, and utilised.
Neal Thakker, Founder and CEO, Magma shared,
“SamyakEco is a natural extension of how industrial supply chains are evolving. As more manufacturers move towards sustainable inputs and circular processes, the need for visibility and accountability across the value chain becomes critical. This platform is designed to bring that layer of trust and predictability.”
As part of MagmaGreen, the company’s green manufacturing and circular materials platform, SamyakEco complements existing offerings across recycled feedstock supply, waste management and liquidation.Together, these capabilities enable factories to access sustainable inputs, manage waste streams more efficiently, and operate with greater transparency.
“With a strong on-ground network already in place, adding a digital layer like SamyakEco allows us to standardise and scale how sustainable supply chains operate,” said Rohit Kumar, SVP, Magma Green. “Real-time data and automated workflows significantly improve decision-making for both suppliers and manufacturers.”
“Traceability and compliance have traditionally been reactive processes. By embedding them directly into the supply chain through technology, we are making them continuous, reliable, and far more efficient,” added Manish Gupta, SVP, Magma Green.
The launch marks an important step in Magma’s broader vision of building infrastructure for circular manufacturing in India — combining physical supply chain capabilities with digital systems to enable more resilient, compliant, and scalable industrial operations.
