requirements that restricted international participation in such tenders indian recyclers struggled to bid for and secure these vessels it was then i realized that a business opportunity existed i decided to purchase these vessels on behalf of the indian recyclers and then resell to them eventually gms became one of the biggest buyers of marad vessels in the 1990s he recalledhe also recalled assisting the russian government in disposing of a surplus naval tonnage revealing that gms was invited by moscow to assist in the safe disposal of vessels from its northern and far eastern fleets aside from owning 40 ships currently gms says it is the first and only buyer in the world to negotiate almost 4000 ships and offshore units for recycling a passion that sharma says goes back to his indian heritage and a grandmother who used to recycle everything clothes newspapers bags shoes utensils and so on recycling in india is not a new or unique concept business people recycled everything from industrial equipment to office equipment and supplies reusing repairing and recycling are habits i grew up with in everyday life consequently i would love to see india set the standard in green recycling for the rest of the world he says adding he feels a sort of responsibility to give back to the country i was born in because there is a lot of potential there