2024 was a landmark year for Fornnax Technology, marked by numerous significant events. Jignesh Kundaria, Director and Chief Executive Officer, shares more on the company’s successes.
Situated in the bustling industrial hub of Ahmedabad in Gujarat, India, Fornnax Technology specialises in the production of top-tier recycling equipment tailored to the ever-evolving needs of the recycling sector.
The company provides primary shredders, secondary shredders and granulators for tyres, municipal solid waste, cables, e-waste, aluminium, and other industrial applications.
Last year the company announced an expansion of its Australian operations with an investment in a $3.5 million tyre recycling plant in Melbourne. When complete, the plant will have capacity to process 10 tonnes per hour, and an annual capacity of 55,000 tonnes, producing 20-25-millimetre steel-free rubber chips.
The expansion is a strategic move to continue to shape the global landscape and offer recycling solutions.
Since establishing the Fornnax brand, Director and Chief Executive Officer Jignesh Kundaria has developed innovative solutions to address gaps in the recycling industry.
The company’s contributions to the industry were recognised when it was named Best Brand 2024 by ET NOW (The Economic Times) in December.
Jignesh says an unwavering commitment to quality and local manufacturing has been instrumental in the company’s continued success.
“We are dedicated to pioneering sustainable recycling solutions,” he says.
“Our mission goes beyond merely selling equipment; we are building a lasting business. This philosophy is at the core of who we are.
“This recognition demonstrates the company’s considerable contributions to the industry, firmly establishing Fornnax’s status as an industry leader.”
The ET award acknowledges and celebrates exceptional accomplishments within the recycling machinery manufacturing sector.
The selection process for the ‘Best Brand 2024’ award entailed evaluation of several critical parameters, including brand value, market longevity of equipment, annual turnover, a 30 per cent growth rate, and strong brand recall among industry professionals and customers.
The award was accepted by Jignesh and Ankit Kalola, Global Head of Sales and Operations.
“This accolade inspires us to continue innovating and developing ground-breaking solutions for the recycling industry,” Jignesh says. “We owe our success to our dedicated employees, trusted stakeholders, and valued customers, and we are grateful to the ET NOW group for this esteemed award. We look forward to leading the charge towards a more sustainable future.
“With this recognition, FORNNAX remains resolute in its pursuit of innovative and efficient recycling solutions, continually striving to create a greener future.”
Jignesh says FORNNAX equipment is built on the premise that the simple, most significant and heaviest is better.
While the equipment is described as an evolution of advanced products designed for the challenges of the recycling world, Jignesh says it is the company’s global sales partner network that makes it successful.
For more information, visit:
www.fornnax.com
