Cerebra, Cimelia to open India's largest e-waste recycling unit
Cerebra Integrated Technologies has partnered Singapore-based Cimelia Resource Recovery, to set up India’s largest e-waste recycling unit in Bangalore. The proposed unit, to be set up by Cimelia and jointly managed by Cerebra, will cover 10 acres of land, which has been allotted by the Government of Karnataka .
According to a Indian government report, the amount of e-waste in the country is growing at 10 percent annually, and 95 percent of this, which adds to 4,34,000 metric tones, ends up in urban slums.
With this alliance Cerebra can look forward to double its e-waste management capacity from 30,000 to 60,000 tonnes annually. Additionally the company will be better equipped to recycle e-waste in the domestic market and will also get a foothold in the international market as well.
On the other hand, through this alliance, Cimelia will get an entry in Indian e-waste industry and will leverage Cerebra’s domestic network and infrastructure to cater its existing Indian clients. In next three years plans, Cimelia plans to shift its copper smelting unit to India and also set up a plastic to fuel plant unit in the country.
- India Tops Data Literacy And Awareness In APAC: Report
- PayPal Launches Two Innovation Labs In India
- Airtel Says It Achieved 81% Reduction In CO2 Emissions
- Red Hat On An Expansion Spree In India
- Wipro Helps K'taka Govt To Digitize Its Gram Panchayat Offices
- CIO Klub Conducts Cricket Tournament: Team Hitachi Wins
- Ramco Systems Secures $2.5 Mn Cloud Deal From Allegis Group
- Qualcomm To Invest USD 8.5 mn In India's Design Initiatives
- IBM Blockchain To Help Address KYC Issues for Banks
- Post Trump Win, eBay Sacks 100 From India Product Team