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Shah Rukh Khan: Say no to plastic.
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The one thing that
all environmental warriors teach us.
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But we begin and end the day
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with products that have been made
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from this virtually
indestructible material.
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The truth is that our consumption
and disposal of plastic has reached
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such unsustainable proportions
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that we need to address this
using every idea and resource at hand.
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Please welcome someone who's helping
solve India's waste management issues,
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Mani Vajipey,
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recycler and cofounder/CEO
of Banyan Nation.
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(Applause)
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Mani Vajipey: If recycling
were an Olympic sport,
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India would win the gold medal.
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India has one of the highest rates
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of plastic recycling and recovery
in the entire world.
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Higher than the likes of Singapore,
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countries in North America
and even countries in Europe.
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India recovers and recycles
over 60 percent of its plastic waste,
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whereas a developed country,
like United States,
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manages just about 10 percent.
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This high rate of collection
is largely possible
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thanks to the millions
of informal recyclers,
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the kabadiwalas, the [unclear] walas,
and the raddiwalas
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that we find at every street corner
across every city in India.
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And yet, in spite of such a ubiquitous,
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extensive and intricate
network of recyclers,
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India's national scenery
is dominated by filth and squalor.
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And the general perception
is that we don't recycle our plastics.
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The other thing about plastics in India
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is that any product
made from recycled plastic
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is considered to be substandard
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and we expect it to be cheaper as well.
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What we don't realize is
there are several types of plastics
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in their virgin and pure form,
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if recycled scientifically,
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can be recycled several times over
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without any compromise in quality.
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If we can recover and reuse
our discarded plastic,
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then we save a significant
amount of virgin plastic
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that we would have otherwise
produced and consumed.
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And this is very important,
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because virgin plastic
is made from fossil fuels
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that are an exhaustible resource.
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The more virgin plastic
we produce and consume,
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the more plastic waste we have to manage.
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Mismanagement of plastic waste
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leads to the leakage of such materials
into our water bodies.
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It's now common knowledge
that by the year 2050
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we'll have more plastics
in our oceans than fish.
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About seven years ago,
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my friend and cofounder Raj and I,
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we decided that we were going to focus
on solving this massive problem.
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We went around the city of Hyderabad,
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talking to local recyclers.
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Very soon, we found out
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that there were many recyclers
just in Hyderabad alone.
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We soon realized
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that the plastic recycling
industry of today
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is not very different
from the milk industry
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of the '60s and '70s.
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Milk in India is produced
by marginal milk farmers,
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with two or three cows or buffalos,
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who produce five to ten
liters of milk a day.
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Instead of blindly aping
solutions from the West,
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India championed
the milk cooperative model,
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where thousands of such
small-scale recyclers
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were brought together into groups.
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With scale came innovations
and investments.
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India was transformed
from a milk-deficit nation
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to the world's leading
exporter and producer of milk.
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It dawned upon us
that India had in the past
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solved much larger problems,
like milk deficiency.
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We only need to look back to our past
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to find inspiration in solving
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what is perhaps the most
fundamental issue of our times,
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that is plastic pollution.
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But before we could do this,
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or before brands
could use recycled plastic,
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we had to solve two things.
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Quality and scale.
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For us, to make a shampoo bottle
from discarded plastics,
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we had to collect tens of thousands
of tons of discarded plastics.
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For that, we needed data.
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Raj and I built a simple
data intelligence platform
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that allowed us to map all the recyclers,
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giving us a bird's eye view
of every recycler in Hyderabad.
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The results were astounding.
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There were 2,000 kabadiwalas
just in Hyderabad alone.
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That means, for every square kilometer,
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there were four kabadiwalas
or informal recyclers.
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No developed country or city
in the entire world
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has the luxury of such a brilliant
collection system.
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(Applause)
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Once we had the data,
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the rest was fairly straightforward.
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We started trading
with the informal recyclers,
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we started training them
to segregate the materials
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based on our quality specifications.
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In the past five years,
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we've developed several clusters
across South India,
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comprising of thousands
of such informal recyclers,
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who interact with us
both directly and digitally.
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In parallel, we began working
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on the problem of quality
and purity of material.
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So in the past five years,
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we developed a proprietary
cleaning technology
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that allows us to eliminate
all contaminants.
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Today, Banyan's recycled granules
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have undergone stringent quality testing
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and have been certified by top
global FMCG and automotive companies.
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In the next few months,
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tens of thousands of discarded plastics
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collected through informal
recycler networks
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will be converted
into high-quality granules
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and sent away to brands
and large companies
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to make bottles for engine-oil packaging,
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for shampoo bottles and for lotions.
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In the next three years,
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we expect that over 500 million
such bottles will be made
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from our recycled plastics.
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(Applause)
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But this is just the beginning.
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In the next five years,
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we aspire to build an India
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where 100 percent of discarded plastics
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are recycled and
repurposed scientifically.
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Where plastic waste
no longer threatens our water bodies,
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and the very survival
of our terrestrial and marine life.
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So the next time you go to a store
and pick up a shampoo bottle,
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see if that bottle uses safe
and sustainable recycled plastic.
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That's not only just
going to help the Earth,
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but also reward the street corner recycler
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for his all-important work.
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Now that will compel brands
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to use more and more recycled plastic
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for their mainstream products
and applications.
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Our tradition and our culture
has a lot of ancient wisdom.
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Let's not destroy the only planet we have.
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The only home we have.
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Thank you.
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(Applause)
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SRK: Thank you, Mani.
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When I was young, I used to --
(sings in Hindi).
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How little do we know sometimes
that we are, as a nation,
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the biggest recycler
of plastics and waste,
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if not just plastic,
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and we didn't know this
about our own country.
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MV: May I say something really cool?
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Cities like New York and Paris today
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are looking to put out
reverse vending machines,
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so that people can go
and put trash in that
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and then they can get some cash.
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For the past several decades,
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the entire country and the kabadiwalas,
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and the [unclear] walas,
we have been doing that.
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I'm very positive
that in three to five years,
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you'll wake up, you know
that the plastic is being recycled,
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you're going to pick up a packaging,
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you know that the package
actually has a mark
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that uses recycled plastics,
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so I'm super optimistic about this.
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Even as an entrepreneur.
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(Applause)
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SRK: When I see a youngster
do what he has done and achieved,
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I want that part to also be
a source of encouragement
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for people to take over.
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So tell me, are you making a lot of money?
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MV: What's so brilliant
about plastic recycling now is
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it's an idea whose time has come.
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And we're very fortunate to have signed
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a really big, multimillion-dollar contract
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with some of the top FMCG companies.
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So we are at the inflection
point in India.
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And --
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SRK: Tell us the money,
money, money, Mani.
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MV: (Laughs)
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SRK: Give the figure,
it will encourage people,
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it's not for greed,
it's not for any of the reasons ...
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Say to them.
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They are making good money, yeah.
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(Applause)
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MV: For us, to build
these systems in place,
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we need investors
who will back us to develop --
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(Laughter)
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(Applause)
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SRK: You have to be like Mani
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that I'm asking, "How much you're making?"
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he's already making it off me.
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But I may look stupid, but I'm not.
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I totally and completely believe
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in the concept of recycling plastic,
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and I'm going to help Mani
with my first investment
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that all the plastic bottles
that we have at shootings,
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in every shooting of mine,
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I'm going to send it
to his company to recycle,
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starting from these four.
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Thank you very much, Mani.
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(Applause)
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MV: Thank you so much.
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SRK: Big round of applause for Mani.
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(Applause)