Magma launches SamyakEco to digitise industrial supply chains
AI platform adds traceability, GST checks and real-time tracking for recyclers, suppliers and manufacturers in India
Magma has launched SamyakEco, an AI-led technology platform designed to improve transparency, efficiency and compliance in sustainable industrial supply chains.
Developed by MagmaGreen, the platform is built for recyclers, sustainable suppliers and manufacturers. It adds a digital layer to fragmented industrial ecosystems, offering real-time visibility into material flows, transactions and partner networks. The platform includes features such as AI-driven supplier onboarding and KYC verification, GPS and FASTag-enabled traceability, automated GST validation, and continuous monitoring of feedstock movement.
SamyakEco aims to address gaps in how industrial waste and recycled inputs are sourced, tracked and used, at a time when industries are placing greater focus on traceability, compliance and resource efficiency.
Neal Thakker, Founder and CEO of Magma, said the platform reflects the changing nature of industrial supply chains. He said as manufacturers shift towards sustainable inputs and circular processes, the need for visibility and accountability across the value chain becomes more important, adding that the platform is designed to bring trust and predictability.
As part of MagmaGreen, the company’s platform for green manufacturing and circular materials, SamyakEco complements its existing offerings in recycled feedstock supply, waste management and liquidation. These combined capabilities aim to help factories access sustainable inputs, manage waste more efficiently and operate with greater transparency.
Rohit Kumar, SVP at Magma Green, said the addition of a digital layer will help standardise and scale sustainable supply chains, with real-time data and automated workflows improving decision-making for both suppliers and manufacturers.
Manish Gupta, SVP at Magma Green, added that traceability and compliance have traditionally been reactive processes, but embedding them into the supply chain through technology makes them continuous, reliable and more efficient.
The launch is part of Magma’s broader plan to build infrastructure for circular manufacturing in India by combining physical supply chain capabilities with digital systems to support more resilient, compliant and scalable industrial operations.
