Elima Aims to Build Circular Economy Ecosystem in India with E-Waste Recovery and Refurbishment
Elima's Co-Founder Abhishek Agashe emphasized the need for infrastructure investment to recover value from waste streams in India. The startup focuses on e-waste recovery and aims to create a scalable circular economy ecosystem that reintroduces materials into the economy. Elima's facilities enhance recovery yields and generate jobs, while Andhra Pradesh targets generating Rs4,000-5,000 crore from the circular economy by 2030. Key opportunities lie in electronics refurbishment and material recovery, with urban mining seen as a strategic avenue to reduce import dependence.
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Elima is building a circular economy ecosystem in India by focusing on the recovery of e-waste and other materials. The startup aims to shift from conventional mining to utilizing materials already above ground, emphasizing the importance of infrastructure investment to support this transition.
Elima's facilities, located in Telangana, utilize technology to ensure high recovery yields and quality, while also creating jobs. Andhra Pradesh plans to generate Rs4,000-5,000 crore from the circular economy by 2030.
Key opportunities include electronics refurbishment and material recovery, with urban mining seen as a strategic opportunity to enhance supply-chain resilience. Elima's efforts aim to integrate circular initiatives into industrial processes, aligning with India's manufacturing goals.
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