The Agreement signed with AEGOPL establishes a partnership with a very talented team including Mr. Tanna and Dr. Arulrhaj, a very prominent physician, that will strengthen our operations in both the USA and Asia” said Mr. Martin Nielson, Founder & CEO of E-Waste Systems. “The key elements of the HTA include the $2.5M investment, the capital equipment upgrade for our existing operations and the subsequent expansion of our services into important new markets. This also establishes a blueprint for entry into new markets around the world with the goal of achieving both sustainability and profitability,” added Mr. Nielson.
Toxics Link, a Delhi-based non-governmental organization, International Resource Group and the United Nations all confirm that the domestic e-waste market in India is valued at $1.5 billion, representing 1.6Million tons of e- waste each year