EcoEx is a first-of-its-kind electronic marketplace that is building a sustainable digital ecosystem for players in the plastic waste management value chain to conduct secure and mutually beneficial plastic credit certificate transactions.
“The additional benefit of recycling plastic is that it generates less CO2 than the production of fresh plastic. EcoEx’s pro-recycling stance ensures that the most plastic is gathered from the environment. EcoEx ensures that the maximum amount of plastic trash is collected and recycled through incentivizing recycling. This, in turn, helps safeguard marine life by reducing the amount of plastic poured into seas,” stated Nimit Aggarwal, Founder of EcoEx, at the introduction of the EcoEx platform.
Mr. Nimit Aggarwal has founded EcoEx in September 2020 with the goal of bringing together recyclers and collectors from various unorganized industries that are eager to safely recycle plastic. The unstructured structure of the waste management industry’s stakeholders is one of the key causes of ineffective waste management in India. EcoEx intends to bring the waste management industry’s stakeholders together through the exchange of plastic credit certificates.
Mr. Nimit is a results-oriented business leader and ardent promoter of the circular economy. He has over ten years of experience directing firms focused on sustainable solutions, plastic waste management, and PET waste. He earned his Bachelor’s Degree in Business Administration and Management from the University of Delhi between 2010 and 2013. In the academic year 2017-2018, he completed his Master of Business Administration at the Indian School of Business.
He is an environmentally conscious entrepreneur who supports the United Nations Development Programme’s Sustainable Development Goals and has advised various international recycling organizations on their planning and business strategy. He attended the elite Indian School of Business and graduated with honors.
Quoting from one of his interviews for Financial Express, where he highlighted the inadequate infrastructure for the recycling industry in India. He said, “The infrastructure in the recycling industry isn’t adequate in India. Both the government and the industry need to invest. I have been working in this industry for the last 11 years and have had the privilege to see the unorganized sector closely. The market is very informal, which perhaps allowed us at EcoEx to work on credible solutions”.
“I feel the government is taking the right steps with Swachh Bharat Abhiyan, Atmanirbhar Bharat, Smart cities, and many more. Through our talks with government stakeholders, I have learned that they are inclined to a constructive approach to waste management by government bodies. I think a public-private partnership otherwise will provide a better seamless process with prospects of mitigating the problem at hand”.