Fornnax Technology Pvt. Ltd. has been honoured with the Special Export Award – Rubber Machinery for 2025–26 by the All-India Rubber Industries Association (AIRIA), recognising its highest exports of tyre recycling plants to the Europe region.
For over a decade, Fornnax has pioneered innovations in India’s complex tyre recycling landscape. Today, the company commands an impressive 90% market share in the domestic tyre recycling sector, with exports accounting for 30% of its business across global markets including Europe, Australia and the GCC. This award celebrates another significant milestone of the company’s revolutionary tyre recycling lines and advanced shredding technologies that continue to redefine the circular economy on both domestic and international fronts.
Commenting on the recognition, Mr. Jignesh Kundaria, Founder and Director of Fornnax, said:
“This honour from AIRIA is a reflection of an incredible journey we have undertaken over the years. When we started Fornnax, there was no established recycling industry in India to follow. We chose to build for the future instead. Today, when you see India’s tyre recycling sector, it has already transformed into a dynamic, high-growth industry and we are extremely proud to have played our part in building it.”
Unlike standalone equipment solutions, Fornnax’s approach focuses on complete high-capacity recycling infrastructure, integrating multiple stages of shredding and size reduction to support efficient and continuous operation. This emphasis on system-level engineering has helped recycling operators to achieve greater throughput, reliability and operational consistency.
This esteemed accolade reinforces Fornnax’s continued commitment to engineering technologies that support the transition towards a more efficient and circular recycling ecosystem.
Looking ahead, Fornnax remains focused on expanding its global footprint while developing advanced shredding and recycling solutions capable of meeting the increasing volumes and evolving requirements of the international recycling industry.
For more information, visit: www.fornnax.com
