Mohan Agarwal, Managing Director, founded CMR Green Technologies in 2006 with a single plant. Today, the company has grown to 12 plants across India. CMR is a pioneer in the industry to scale up, and over the past few years, it has expanded its metal recycling capacity to over 418,000 tonnes per annum. Since its inception, CMR has recorded a CAGR of over 25 per cent and solidified its position as India's leading producer of aluminium-based die-cast alloy, a critical component for automotive manufacturers.

In this Interview, Agarwal has put the spotlight into the Indian aluminium recycling business. He reveals about the dips and floats of the ever-evolving market and shares his experience of surfing through the tides of time.

AL Circle: What is the primary business model of CMR Green Technologies? How has it sustained in the Indian economy? 

Mohan Agarwal: CMR Green Technologies Limited is primarily focuses on recycling aluminium and other non-ferrous metals. We produce aluminium and zinc alloy ingots, aluminium billets and furnace ready scraps of brass, copper, zinc, magnesium, and stainless steel,  we supply alloys to nearly all auto OEMs and major Tier 1s in both solid and molten forms.  Non-auto products are supplied to industry stalwarts in those areas

 The business model has sustained in the Indian economy by leveraging advanced technologies, maintaining a diversified supplier base, and focusing on sustainability and environmental responsibility.

AL Circle: How has consumer demand and market perception of recycled aluminium changed over the past decade?