The Maharashtra government on Wednesday signed a memorandum of understanding (MoU) with Hindustan Coca-Cola Beverages for the collection and recycling of used PET bottles. This MoU marks a significant step towards promoting a circular economy.

The agreement between the Maharashtra Government and Coca-Cola was signed during Mumbai Climate Week in the presence of State Environment and Climate Change Minister Pankaja Munde. According to officials, this is the first time Coca-Cola has entered into such an MoU with a state government in India.