Eco Recycling and ERI Launch 50:50 ITAD Joint Venture in India
MONTREAL (RecyclingMonster): India-based Eco Recycling Ltd. (Ecoreco) has entered into a 50:50 joint venture with U.S.-based Electronic Recyclers International (ERI) to strengthen its presence in India's fast-growing IT Asset Disposition (ITAD) and enterprise e?waste recycling market.
The partnership reflects the growing demand for secure and compliant electronics recycling solutions, a trend regularly covered on the RecyclingMonster recycling and scrap prices platform. [Editor note: homepage link verified.]
Joint Venture Structure and Ownership
The newly established company will operate as a separate legal entity. Both partners will hold equal ownership in the joint venture entity.
The structure is designed to provide international-standard IT asset disposal and electronics recycling services while keeping operational risks separate from the parent companies.
Expanded ITAD and Enterprise E?Waste Capabilities
The partnership marks a significant step in the long-standing business relationship between Ecoreco and ERI.
The companies, through the partnership, will now offer secure, compliant, and environmentally responsible solutions for discarded electronic devices across India to multinational corporations and large enterprises.
Leveraging ERI Expertise and Ecoreco Market Reach
The joint venture is expected to leverage ERI's global expertise and best practices in electronics recycling, data security, and sustainable IT asset management.
Furthermore, it will boost Ecoreco’s ability to secure large, multi-location e?waste management contracts across the country.
Eco Recycling’s Recent Financial Performance
Eco Recycling reported standalone operational revenue of INR 18.6 crore in the fourth quarter of FY2026, higher by 90.5% year-on-year.
The strong revenue growth underscores the company’s expanding role in India’s e?waste management and IT asset disposition landscape.
Frequently Asked Questions
Who are the partners in the new joint venture?
India-based Eco Recycling Ltd. (Ecoreco) and U.S.-based Electronic Recyclers International (ERI) are the partners.
What is the ownership structure of the joint venture?
The joint venture has a 50:50 ownership structure, with equal equity participation from both companies.
What services will the joint venture focus on?
It will focus on international-standard IT asset disposal and enterprise e?waste recycling services across India.
Why is the joint venture set up as a separate legal entity?
The separate legal entity structure is intended to deliver dedicated ITAD and recycling services while keeping operational risks distinct from the parent companies.
How did Eco Recycling perform in Q4 FY2026?
Eco Recycling reported standalone operational revenue of INR 18.6 crore in Q4 FY2026, up 90.5% year-on-year.
Market Relevance
This 50:50 joint venture between Eco Recycling and ERI highlights how cross-border partnerships are reshaping IT asset disposition and enterprise e?waste recycling in India, combining global expertise with local infrastructure to deliver secure, compliant services for multinational customers.
