Nupur Recyclers plans expansion into Battery Recycling
Nupur Recyclers Limited(NRL) the major company in the business of recycling non-ferrous metal scrap has announced it will enter into all types of metal scraps recycling and Lithium-ion Battery Recycling as the next strategic move towards fulfillment of rapidly increasing demand for eco-friendly, sustainable industrial solutions. Positive steps that the company takes further expansion of its operations portray how this company believes to answer to the demands of markets but also demonstrates environment sustainability.
Some expansion plans of NRL would include an advanced facility to process metal scrap and recycle lithium-ion batteries by 2027. This new facility would raise the company's production volume significantly, leading the company to potentially experience strong revenue growth. NRL holds strong ground on non-ferrous metals and lithium-ion battery recycling due to the rising demand for recycling solutions in the electric vehicle sector.
"We are very excited to embark on this new journey toward greater sustainability and innovation. Our investment in metal scrap processing and lithium-ion battery recycling reflects our commitment to offering environmentally friendly solutions while remaining in line with industry trends", said Rajesh Gupta, managing director at Nupur Recyclers Limited.
NRL will extend its market position with these activities and also contribute to a more sustainable industrial ecosystem.
