 "Cerebra to open e-waste recycling facility in April")
Cerebra Integrated Technologies Limited today said it would open its e-waste facility on a 12-acre industrial land in the outskirts of Bengaluru, in April, for commercial operations and aims to target revenue of Rs 100 crore by 2018.
The plant has a capacity to process 96,000 tonnes of e-waste and equipped for 100% recycling of all collected e-waste with zero landfill.
In an effort to garner market share in e-waste business, Cerebra is signing up with channel partners and large corporates across India to expand its network of e-waste collection. The plant will facilitate refining and recycling activities as well as enable refurbishment of e-waste, the firm said in a statement.
"With this plant coming up, Cerebra is poised to grow exponentially both in terms of revenue and profits in the years to come and this business will be our mainstay going forward," said V. Ranganathan, managing director, Cerebra in a statement.
