Eco Recycling Ltd has officially incorporated its 50:50 joint venture, ERI India Private Limited, with US-based Electronic Recyclers International. The venture, focused on e-waste management and material recovery, has been set up with an initial capital subscription of Rs 5 lakh from each partner. This transition from a proposed partnership to a formal legal entity signals the start of operational activity in India's growing e-waste sector.
Eco Recycling Incorporates ERI India Joint Venture
Eco Recycling Ltd has formally incorporated its joint venture, ERI India Private Limited, following the receipt of its Certificate of Incorporation on October 28, 2026. This move operationalizes a strategic partnership with US-based Electronic Recyclers International, Inc. (ERI) first announced in July 2026.
Reader Takeaway: The 50:50 venture adds professional e-waste capabilities, though future scale remains subject to operational deployment costs.
What just happened
The company has successfully registered ERI India Private Limited in Mumbai. Both partners have invested Rs 5 lakh each by subscribing to 50,000 equity shares at face value. The entity is established with an authorized share capital of Rs 1 crore.
Why this matters
This partnership combines Eco Recycling’s local market presence with ERI’s international expertise in material recovery. The venture aims to address the rising demand for sophisticated e-waste recycling solutions in India, tapping into a market driven by stricter environmental regulations and corporate sustainability mandates.
The backstory
Eco Recycling previously signaled its intent to partner with the US-based firm in July 2026. The incorporation is the first major milestone in executing this cross-border strategy, transitioning the project from a memorandum of understanding to a functional business entity.
What to track next
Investors should look for updates regarding the commencement of commercial operations, plant setup timelines, and details on how the JV intends to scale its infrastructure across India.