It has been an impressive year for FORNNAX, marked by numerous significant achievements, and now crowned by the esteemed ‘Best Brand 2024’ award initiated by ET NOW (The Economic Times). This recognition highlights the company’s significant contribution to advancing the recycling industry, solidifying FORNNAX’s position as a leader in the field.
Operating out of its advanced manufacturing facility in Ahmedabad, Gujarat, India, FORNNAX provides top-quality equipment designed to meet the evolving needs of the recycling industry. This commitment to quality and local manufacturing has been a key factor in its success.
Jignesh Kundaria, Director and CEO of FORNNAX, articulated the company’s overarching vision, stating, ‘We are committed to shaping the landscape for sustainable recycling solutions with our transformative offerings. “We’re not just selling equipment but building a lasting business. That’s what we believe. That’s who we are.” This powerful statement encapsulates FORNNAX’s holistic approach, demonstrating a commitment beyond simply providing machinery to actively cultivating and supporting the growth of sustainable recycling ecosystems. It reflects a deep understanding of the interconnectedness of the industry and the company’s role within it.
The ET Now (The Economic Times) established this highly regarded award to recognise and celebrate exceptional achievements within the recycling machinery manufacturing industry. FORNNAX expresses its sincere gratitude for this esteemed recognition. The selection process for the “Best Brand 2024” award involved a rigorous evaluation of various critical parameters, including brand value, longevity of equipment in the market, annual turnover, an impressive 30% growth rate, and strong brand recall among industry professionals and customers. These criteria highlight the comprehensive nature of the award and the significance of FORNNAX’s achievements.
Upon receiving the award, Jignesh Kundaria, Director and CEO, and Ankit Kalola, Global Head Sales & Operations, shared their enthusiasm. “We are incredibly honoured to be named among The Economic Times Best Brands of 2024,” they affirmed. “This recognition fuels our drive to continue innovating and developing revolutionary solutions for the recycling industry,” added Mr Kundaria. “We are deeply grateful to our employees, stakeholders, and customers for their invaluable contributions to our success. We thank the ET Now group for this esteemed award and look forward to leading the way in creating a more sustainable future,” he added on behalf of the entire FORNNAX team.
With this, FORNNAX continues to leave no stone unturned in its pursuit of innovative and efficient recycling solutions to create a green future.
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