Company Profile

Eco Recycling Limited (Ecoreco) was established in September 2007 by Infotrek Syscom Limited, a company listed on the Bombay Stock Exchange, since 1995 and Mr. B K Soni, a first generation entrepreneur, to focus on the e-waste recycling business in an organised manner, with the help of superior technology, complying norms set by the pollution board for the environmental safety.

Ecoreco provides the full spectrum of activities covered under e-waste management – collection of e-waste from the door step of the generators, sorting them into working/non-working equipments/components, data security, remarketing of reusable equipments/components, dismantling of end of life equipments, size reduction, sorting in to different commodities like glass, plastic, iron/steel, aluminium, copper and hazardous material. Ecoreco‘s facility is located in Mumbai, to carry out the above activities.

For assured supply of e-waste, Ecoreco has entered into sourcing agreements with various companies of validities up to 5 years. Given that a large part of the business involves e-waste collection from multiple locations, Ecoreco has tied up with one of the leading domestic logistic player having nation-wide presence to enable both operational and financial efficiency in collection. Through this tie-up, Ecoreco is able to offer e-waste collection from over 600 locations in India.

Data security / data-leakage are threats that many organisations fear while discarding computers to external recyclers. To address these concerns, Ecoreco has a first-of-its-kind-in-India mobile shredding van which it deploy to clients’ locations to ensure 100% secured data destruction from hard-disks and other devices that contain information.

End of life electrical & electronic equipments are consisting of various reusable commodities and hazardous substances, recovering both these in an environment friendly manner is a major challenge. E-waste recycling has traditionally been dominated by a very entrepreneurial informal sector in India, constituting a large majority of the total market share. Scrap dealers–locally known as ‘Kabadies’–resort to crude and highly unsafe methods for recycling of e-waste, resulting in severe environmental and health hazards. Organised recycling of this hazardous waste is the only answer to overcome the challenge. To create awareness of the impact of unorganised recycling of e-waste and to promote environment friendly recycling, Ecoreco has entered in to a tie up with the Times of India.

The large generators particularly corporate who were looking for environment friendly recycling facility in India can now take care of Corporate Social Responsibility, environmental obligation, brand image, ISO compliances etc. Besides these, the costs of recovered commodities are kept under check & lower in comparison to the virgin material and that helps industries to produce finished goods at much cheaper costs. Recycling reduces burden on depleting natural resources, mining, huge investment in infrastructure for producing virgin material, use of electricity, carbon generation etc.

Ecoreco is a member of the International Association of Electronic Recyclers (IAER), USA, now merged with ISRI, USA probably the only such entity from India to claim these credentials. Ecoreco is also a member of other prestigious industry bodies within the sector such as Manufacturers Association for Information Technology (“MAIT”) and ELCINA Electronic Industries Association of India. Ecoreco is also the only Maharashtra Pollution Control Board (“MPCB”) recognised e-waste recycler in Maharashtra. Recently Ecoreco has been declared Winner of the Business Plan 2008 by CII/NVI/WRI/USAID & British Consulate. Ecoreco has also been awarded certificate of “Most Innovative Technology” by Municipalika 2009.

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