Avro India has announced plans to list its subsidiary, Avro Recycling, through an initial public offering (IPO) targeting Rs. 300 crore, marking a strategic move to capitalize on the growing circular economy in India. The proceeds are expected to fund capacity expansion, technology upgrades, and working capital requirements, positioning Avro Recycling to scale operations in the waste management and resource recovery sector. Analysts note that the listing reflects investor appetite for ESG-aligned businesses and sustainable industrial solutions.