Hindalco Industries Limited is making a bold move to revolutionize India's e-waste management with a $10 billion investment (approximately 73 billion yuan or 849.5 billion rupees) in Printed Circuit Board (PCB) recycling. This ambitious initiative underscores the company's commitment to sustainability and positions it as a leader in the global recycling industry.

India generates over 2 million tons of e-waste annually, with a troublingly low recycling rate of just 10-15%. Hindalco's investment aims to bridge this gap by advancing PCB recycling, a sector poised for growth at a rate of 10-15% annually. The company's efforts will not only strengthen India's recycling infrastructure but also tap into the burgeoning global recycling market.

The initiative supports India's shift towards a circular economy, focusing on sustainable resource recovery and reducing environmental impact. As the green technology and recycling sectors expand, Hindalco's investment is expected to create millions of jobs, providing a boost to the local economy. By leading the charge in PCB recycling, Hindalco is setting the stage for India to become a global leader in e-waste management, setting new standards for sustainability and economic growth.

Hindalco Industries, part of the Aditya Birla Group, is a global powerhouse in aluminum and copper manufacturing. Founded in 1958, the company has become one of the world's most efficient producers of aluminum, with a strong presence in copper production as well. Hindalco operates across the entire value chain—from mining and refining to the production of value-added products for industries such as automotive, construction, and electronics. With a firm commitment to sustainability and innovation, Hindalco is spearheading green-tech initiatives like e-waste recycling, solidifying its role as a pioneer in sustainable industrial practices.