Fornnax Wins ‘Best Brand 2024’ Award in Recycling Industry by the Economic Times

The year 2024 has been a landmark one for FORNNAX TECHNOLOGY PVT LTD, marked by several significant achievements, with the most recent being the prestigious ‘Best Brand 2024’ award presented by ET NOW (The Economic Times). This recognition demonstrates the company’s contributions to the recycling industry, firmly establishing FORNNAX’s status as an industry leader.

Situated in the bustling industrial hub of Ahmedabad, Gujarat, India, FORNNAX specializes in the production of top-tier recycling equipment like shredders and granulators, tailored to the ever-evolving needs of the recycling sector. This commitment to quality and local manufacturing has been crucial for the company’s continued success.

Mr. Jignesh Kundaria, the Director and CEO of FORNNAX, shared his visionary outlook, stating, “We are dedicated to pioneering sustainable recycling solutions with our innovative offerings. Our mission goes beyond merely selling equipment; we are building a lasting business. This philosophy is at the core of who we are.” This powerful message encapsulates FORNNAX’s visionary focus, emphasizing their commitment to fostering sustainable recycling ecosystems and recognizing the interconnected nature of the industry.

The Economic Times presented this distinguished award to acknowledge and celebrate exceptional accomplishments within the recycling machinery manufacturing sector. FORNNAX extends its heartfelt gratitude for this revered recognition. The selection process for the ‘Best Brand 2024‘ award entailed a meticulous evaluation of several critical parameters, including brand value, market longevity of equipment, annual turnover, a remarkable 30 percent growth rate, and strong brand recall among industry professionals and customers. These criteria reflect the extensive nature of the award and highlight the significance of FORNNAX’s achievements.

Upon receiving the award, Mr. Jignesh Kundaria, Director and CEO, along with Mr. Ankit Kalola, Global Head of Sales & Operations, expressed their enthusiasm. “We are deeply honored to be recognized as one of The Economic Times Best Brands of 2024,” they said. “This accolade inspires us to continue innovating and developing groundbreaking solutions for the recycling industry,” Mr. Kundaria added. “We owe our success to our dedicated employees, trusted stakeholders, and valued customers, and we are truly grateful to the ET NOW group for this esteemed award. We look forward to leading the charge towards a more sustainable future,” he further expressed his appreciation. With this recognition, FORNNAX remains resolute in its pursuit of innovative and efficient recycling solutions, continually striving to create a greener future.

About Fornnax
FORNNAX is one of the world’s leading shredding and recycling equipment manufacturers, offering Primary shredders, Secondary shredders and Granulators for Tyres, Municipal Solid Waste, Cables, E-Waste, Aluminium and many other industrial applications. Quick after-sales services that increase the customer’s uptime and productivity.

The company is committed to shaping the landscape for sustainable recycling solutions in the future. According to Fornnax, they are not just selling equipment, they are building business. Fornnax Equipment is built with the idea that the simple, most significant and heaviest is better. The equipment is an evolution of advanced products designed for the challenges of the recycling world.

The global sales partner network makes the company successful worldwide. Fornnax’s corporate culture is based on its history of providing value to its customers’ success worldwide. This motivates the employees to work together, develop innovative products, and produce high-quality equipment.

Source/Photos: FORNNAX TECHNOLOGY PVT LTD (23.12.2024)