Cerebra recognized by Frost & Sullivan for its sustainable and technological management of electronic waste
The use of cutting-edge technologies, innovative awareness programs and strategic partnerships make the company a true pioneer
Mumbai, India, November 2, 2021 / CNW / – Based on its recent analysis of the Indian e-waste management market, Frost & Sullivan awards Cerebra Integrated Technologies Ltd. the 2021 Indian Company of the Year award. Cerebra has taken e-waste management forward in the country with its fully automated and R2 (responsible recycling) certified e-waste recycling facility, the largest in the world. India with an annual processing capacity of 96,000 metric tons. Cerebra complemented this capacity building with a revolutionary collection partnership program, which routes e-waste from the unorganized sector to the organized sector.
“From being a newcomer to an emerging market in 2013-2014, Cerebra’s current customers include electronics and technology majors from the Fortune 500 list, the company reached 98% of its capacity utilization. processing electronic waste, a rare feat on the market, “ noted Sarasvati Venkatesan, Research analyst. “Cerebra is one of the few companies to Asia with the five ISO certifications for recycling. It conducts e-waste awareness campaigns and actively promotes the reuse of refurbished equipment as part of its zero landfill commitment. “ she added.
Cerebra is at the forefront of awareness initiatives in the industry, partnering with local repair and remanufacturing dealers through the Collection Partner Program. The company trains resellers to set up formal collection centers to bring e-waste from their reseller network into the organized area. In addition, Cerebra’s zero landfill policy encourages more efficient e-waste handling practices to avoid environmental damage and has adapted its organizational management software to create an online tracking system that monitors every step of the way. recycling process. This automated, streamlined and transparent platform is unique in an industry where technology penetration is limited.
Cerebra has an innovative customer acquisition and retention strategy that involves collaboration with the Association of Information and Technology Manufacturers (MAIT), the Ministry of Electronics and Information Technology (MEITY ) and the Ministry of Environment, Forests and Climate Change (MoEFCC). Additionally, the company is partnering with schools and educational institutions to set up fully functioning computer labs with refurbished computers and laptops in several cities. These innovative and environmentally friendly strategies ensure growth, improve brand visibility, increase market share and generate sustainable revenues.
“Cerebra’s growing contractual base from outside India, the expansion to other countries in the region and the potential influx of new customers have positioned it for accelerated growth ”, Venkatesan noted. “Its commitment to circularity and a zero landfill policy have resulted in invaluable contributions to electronic waste management and have made India a globally competitive market. “
Each year, Frost & Sullivan presents the Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation in products and technologies and the resulting leadership in terms of customer value and market penetration.
The Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market players and measure performance through in-depth interviews, analysis and secondary research to identify best practices in the industry.
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About Cerebra Integrated Technologies Ltd.
Cerebra Integrated Technologies Ltd. is a publicly traded company engaged in electronic waste recycling, refining and remanufacturing, electronics manufacturing services and IT infrastructure management. Founded in 1992, it was one of the first organizations to manufacture and sell personal computers and parts of computer hardware. Today, Cerebra Green is one of the india the largest recycling and remanufacturing companies headquartered in Bangalore and set up the country’s largest electronic waste recycling and refurbishment plants in Narsapura, Kolar district. The company is a pioneer in electronic waste management and recently introduced the concept of Device-as-a-Service (DaaS) to businesses in India.
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SOURCE Frost & Sullivan
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