With nearly two decades of rich industry experience, Jagannath Prasad Routray serves as the CEO of Green Aluminium Recovery & Diversified Metal Recovery Businesses. His steadfast dedication to building a greener, empowered, and sustainable future has been the driving force behind the many milestones he has achieved throughout his career. In this interview, He highlighted Runaya’s rapid growth from INR 500 crore in FY24 to a target of INR 2,500 crore by FY28, which is driven by a clear focus on circularity, efficiency, and sustainable practices backed by capital investments, partnerships, in-house technology, and renewable energy. Side by side, Mr Jagannath Prasad also shared his vision of how Runaya’s legacy is proving that Indian manufacturing can be clean, inclusive, and globally relevant, showing that profitability, sustainability, and equity can thrive together.

AL Circle: Runaya has grown impressively, recording INR 500 crore (USD 60 million) in revenue during FY24 and now setting its sights on reaching INR 2,500 crore by FY28. What inspired this bold vision, and what strategic roadmap do you have in place to achieve this ambitious goal?

Jagannath Prasad: Runaya was founded with the intent to build a manufacturing company that delivers sustainable, efficient, and commercially scalable solutions for the metals sector. The performance in FY24 is a result of a clear focus on circularity, operational efficiency, and disciplined execution. The target of INR 2,500 crore by FY28 reflects the confidence we have in our differentiated model and the readiness of the Indian and global markets to adopt such solutions.

We are backing this ambition with significant capital investment, focused on scaling our existing operations, and setting up new verticals. These are complemented by strategic partnerships, in-house technology, and renewable energy-powered operations, ensuring that growth is backed by both capability and capacity.