VCF-SC Entrepreneur Builds Tyre Recycling Business in India with Government Backing

Swarnakaruna Princeton Rubber Industries Pvt Ltd, a tyre recycling company based in Visakhapatnam, Andhra Pradesh, has expanded its operations with support from India’s Venture Capital Fund for Scheduled Castes (VCF-SC), an initiative from the Ministry of Social Justice and Empowerment

Founded by Swarnalatha Nethipudi, a first-generation Scheduled Caste woman entrepreneur, the company operates an automated facility that processes end-of-life tyres into crumb rubber powder, ranging from 10 to 40 mesh, with a capacity of around 6,000 metric tonnes annually.

In 2023, the company receiv…