Runaya, a metal recycling startup, targets $1 billion revenue by FY30 with a 5 million tonne per annum (mtpa) recycling capacity. CEO Annanya Agarwal forecasts revenues of Rs 1,000-1,200 crore for FY25, rising to Rs 2,000-2,200 crore in FY26. The company plans to double recycling capacity by FY26 and invest about Rs 700 crore for 5 mtpa capacity. An IPO is on the horizon, alongside the recent inauguration of a calcium aluminate plant in Odisha, reflecting Runaya’s focus on environmental leadership and technological advancement. With a circular economy ethos, Runaya aims to recover metals crucial for the EV supply chain.
Runaya Aims for $1 Billion Revenue by FY30 with Metal Recycling Expansion
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