Latest news with #Ecoreco
Business Upturn
18-07-2025
- Business
- Business Upturn
Eco Recycling announces expanded capacity for e-waste and lithium-ion battery recycling
By Aditya Bhagchandani Published on July 18, 2025, 12:54 IST Eco Recycling Limited (BSE: ECORECO), India's pioneering professional e-waste management company, announced an expansion in its recycling capacities, reinforcing its leadership in the formal e-waste and lithium-ion battery recycling segment. In a press release dated July 18, 2025, the company shared that its total recycling capacity has now increased to 31,200 MTPA, supporting producers in meeting their obligations under the E-Waste Management Rules, 2022. This move positions the company well to cater to the rising compliance needs of electronic producers as Extended Producer Responsibility (EPR) norms gain prominence. Key highlights of the expansion: E-waste recycling capacity increased by 18,000 MTPA Dedicated 6,000 MTPA facility for lithium-ion battery recycling New 40,000 sq. ft. plant in Vasai, near Mumbai Entire investment funded via internal accruals, maintaining a zero-debt status Mr. B K Soni, Chairman & Managing Director of Eco Recycling Limited, commented: 'At Ecoreco, we believe the future of sustainability lies in building resilient infrastructure today. Our latest capacity expansion—particularly the dedicated lithium-ion battery facility—is a strategic step to meet the environment-friendly disposal of surging e-waste while strengthening India's commitment to the globally accepted EPR framework.' He further highlighted the company's focus on helping producers fulfill their obligations seamlessly while contributing to pollution reduction and sector formalization. The company also celebrated two major recognitions: Becoming the first Indian e-waste recycler inducted into TERRA (The Electronics Reuse & Recycling Alliance) , a global network of certified recyclers. Honorable mention by Prime Minister Narendra Modi during his Mann Ki Baat program for its contribution to sustainability through its BookMyJunk app. About Eco Recycling: Eco Recycling provides integrated solutions for e-waste management, including reverse logistics, data destruction, asset recovery, and recycling, while adhering to global standards. For FY25, the company reported a total income of ₹46.30 crore, EBITDA of ₹33.32 crore, and PAT of ₹23.38 crore. The company remains committed to innovation, operational excellence, and supporting India's transition to a circular economy. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
18-07-2025
- Business
- Business Upturn
Eco Recycling expands capacity by 18,000 MTPA, sets up lithium battery facility near Mumbai
Eco Recycling (Ecoreco), one of India's leading e-waste management companies, is taking a big leap toward a cleaner and greener future. The company has expanded its recycling capacity by 18,000 MTPA and also set up a dedicated 6,000 MTPA facility to process lithium-ion batteries. This new, high-tech unit, spread across 40,000 sq. ft. in Vasai near Mumbai, aligns perfectly with India's E-Waste Management Rules, 2022. What makes this move even more impressive is that the entire investment—land, building, and machinery—was funded using internal resources, keeping the company debt-free. With no interest or EMI burdens, Ecoreco gains a clear financial edge, allowing greater flexibility and resilience in its operations. This expansion comes at a time when Extended Producer Responsibility (EPR) regulations and environmental compliance are tightening, pushing the industry toward more formalized, eco-friendly practices. Ecoreco continues to offer end-to-end e-waste services, from collection and logistics to data destruction, refurbishment, and full EPR compliance, following global best practices. Its client base includes well-known, environmentally conscious brands. Adding to its achievements, Ecoreco has become the first Indian e-waste recycler to join TERRA (The Electronics Reuse & Recycling Alliance), a top international network of certified recyclers. This boosts the company's global reputation and ESG credentials. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
