Representational image by Gerd Altmann from Pixabay
One of the biggest e-waste recovery companies, Attero India, will invest nearly Rs 600 crore to build a new plant in Telangana. According to the state’s IT Minister Mr KT Rama Rao, the projected facility will directly employ more than 300 people.
Attero is focused on expanding its recycling capacity in six states in India in the first phase. Attero hopes to increase its capacity by over 30,000 metric tonnes per year. These plants would be placed in Telangana, Maharashtra, Uttar Pradesh, and Karnataka. Each of these States also has a thriving IT and ITeS sector in addition to a proper policy framework for e-waste.
By the end of 2022, Attero hopes to have a facility in each State of the union. The company has also set a goal of acquiring 14 facilities through franchisees and increasing its capacity to manage e-waste by more than 1,56,000 metric tonnes yearly.