Eco Recycling makes India proud by being amongst global major in recycling industry
Eco Recycling Ltd (Ecoreco) is India's first and leading professional e-waste management company. The company has set industry benchmarks time and again with its innovative & environment-friendly disposal practices, which are gaining significant importance.
The e-scrap recycling market is bifurcated into various segments such as product type, applications, regional outlook, competitive landscape, etc. The IT industry is booming in India as the COVID-19 has made it impulsive for many companies to shift towards the IT infrastructure. One of the world’s fastest developing nations, India is going to witness a fast-increasing load of e-waste, originating from both household consumption & enterprises, and these put together is expected to grow over 18 million tonnes by 2021 from 3.2 million tonnes in 2015.
It is the only Indian company listed in the e-waste management on BSE. The R&D facility of the company is approved by the Department of Scientific & Industrial Research (DSIR). It has the best-in-class scientific e-waste recycling facility in India. The optimal disposal of e-waste is quite important and many companies have been outsourcing this tedious job to a third party.
At 12.36 pm on Tuesday, the share price of Eco Recycling Limited was trading 6.46 per cent higher at Rs 59.30 on BSE.
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