IFL Enterprises Ltd Approves Entry into Organic Waste Management & Recycling

IFL Enterprises Limited has announced its entry into the business of Organic Waste Management & Recycling, as part of its strategic diversification into environmentally sustainable sectors. The decision aligns with the global shift towards circular economy models and India's growing focus on waste reduction, energy recovery, and green urban infrastructure. The company will immediately initiate the next operational steps including hiring a qualified R&D and technical team, commencing evaluation and acquisition of relevant machinery and equipment, and identifying and surveying suitable land locations for setting up processing units and operational hubs. The Organic Waste Management & Recycling industry is projected to grow at a CAGR of 10-12% over the next five years. The company has decided to keep the proposal for Green Energy Powerplant Contracting in abeyance temporarily.