Indian recycling companies, such as Indo Green Enviro, are penetrating the global market, emerging as key machinery suppliers and acquiring companies to establish permanent bases overseas.
The Pune headquartered Indo Green Enviro Pvt Ltd has established a manufacturing base in Europe. “We have made strategic investments in a Turkish company during 2023, and this will be converted into a fully-fledged equity by the end of 2024,” confided Rohan Rane, Vice President (Marketing), Indo Green Enviro Pvt Ltd. The details of the deal were shared through a joint announcement by both partners during IFAT India 2024 in Mumbai. The brand is also scheduled go through a rebranding exercise from next year onwards.
The Turkish based site is located in the northwestern city of Eskisehir and will serve the European as well as the Indian market for certain models and will produce 12-15 types of recycling lines annually. On responding to what led Indo Green Enviro to invest in Turkey, Rane said; “The Turkish company has sound engineering knowledge, and we would like to take advantage of it considering the opportunities emerging in the recycling sector all over the world.”
Both the Pune and Turkish sites complement each other. While the Pune plant continues to serve the Indian, Middle Eastern and Asian markets, the Turkish unit will cater to the markets of Europe and India for specific products.
Crossover Rasper Introduced
Indo Green Enviro manufactures complete recycling lines comprising of primary and secondary shredders, crossover raspers, granulators etc. The company has emerged as a disrupter in the shredding equipment market and is credited with jointly developing the Crossover Rasper with their Turkish partners.
The Crossover Rasper’s main feature is its ability to shred full tyres to 10mm chips while liberating steel and fibre in one step. It is easy to run, maintain and comes equipped with the best components from across the world.
Advantages include the versatility of being able to process any input size thus eliminating the need for multiple shredding equipment. The cost of processing is one of the lowest in the industry with sole aim of making the recycler more profitable.
“More than 30 Crossover Raspers are working successfully in various applications,” explained Rane. “This year will see more than a dozen crossovers being installed in the Indian sub-continent.
Meanwhile, the company is expecting an almost 33% surge in its business in this fiscal year. “We are supplying on an average 12 lines annually, but we are expecting to supply 16 lines in the current year. The Crossover Rasper has emerged as a gamechanger and a key contributor to our increasing volumes.”