Nupur recyclers have witnessed 169 82 revenue growth target is to reach 155 rupees this fiscal year-BW Disrupt

2021-11-24 04:31:11 By : Mr. Jianming Zhu

India's metal scrap processing and recycling company Nupur Recyclers Private Limited's revenue in the first half of the 2021-22 fiscal year increased by more than 169.82% from the first half of the 2020-21 fiscal year, with a total revenue of approximately Indian rupees. 83 chromium. The growth is mainly driven by the country's extensive demand for recycled metals, especially from industries such as automobiles, electricity, home furnishings, roads and transportation. 

The company has established strong partnerships with ferrous and non-ferrous metal scrap suppliers in Europe and the Gulf region to effectively meet this demand. The company imports scrap zinc scrap, zinc die casting scrap, and Zurik SS scrap from these countries. And Zorba aluminum grades. In the growing scrap metal recycling market, Nupur Recyclers has maintained steady growth since its establishment. 

In response, Mr. Rajesh Gupta, a serial entrepreneur and founder of Nupur Recyclers, commented: “We are delighted to contribute to the creation of economic wealth through our exciting adventures. Although India is the world’s second largest steel producer, the country produces Most of the steel and other metals are made from ore mined from the ground. This provides a huge opportunity for companies like ours to meet growing demand by providing recycled metals, which is not only more costly Benefits and huge environmental benefits. We at Nupur Recyclers are moving forward to realize the full potential of the industry."

According to industry estimates, global metal scrap is worth US$500 billion, more than twice that of the Indian IT industry. Nevertheless, India's share of this is only 11 billion U.S. dollars, currently 2.2%. Indian leaders must look at the scrap metal industry, because when the opportunities it provides are used wisely; it will create considerable wealth for the country. Companies like Nupur Recyclers are quickly becoming pioneers in the industry. They are organizing highly unorganized markets and effectively taking advantage of untapped business opportunities. 

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