Three expos opened at Hitex in Hyderabad
Leaders of several associations inaugurating three expos at Hitex in Hyderabad on Friday.
Hyderabad: Three expos - Himtex, IPEC, and Eco Sustain Expo - are being held simultaneously at Hitex in the city from August 16 to 19. The events were formally inaugurated on Friday by leaders from various industrial and trade associations.
These expos offer a platform to showcase the latest innovations and developments in the manufacturing sector, providing opportunities for networking, collaboration, and growth.
These events provide a platform for showcasing the latest innovations and developments in the manufacturing sector, offering opportunities for networking, collaboration, and growth.
In all, 450 exhibitors are showcasing their products and services. Nearly 20 innovators showcasing products and services in waste management for the manufacturing sector, said Srikanth TG, Business Head of Hitex, the organiser of the tri expos.
Addressing a knowledge session on Contemporary Policies for E-Waste and Recycling Management & regulations, immediately after the inauguration, Dr Shailendra Saroj, said i-Feva is India’s First Federation of Electric Vehicles and its non-profit organisation to promote electric vehicles in India, research, development and deployment of electric vehicles. Battery recycling and second use is the untapped market in India, he added.
The India battery recycling market is valued at $1.97 billion in 2023 and is expected to grow at a strong CAGR of around 9.8 per cent from now till 2030. He spoke on Government Policy on E-Waste, the responsibilities of manufacturers, producers, refurbishers, e-waste PPPs and others.
Speaking on the same subject Dr Varghese Samuel, Co-founder of Matlabs Technologies, a research instrumentation solution-providing company said recycling of lithium-ion batteries in India is a huge opportunity and the size of it could be anywhere in the range of $1,000 million opportunity.
A show directory was released on the occasion.
