India E-Waste Market and VendorsJun 8th, 2014 | By EHS Journal | Category: India, Popular Posts
Electronic waste (E-Waste) is generated from old, discarded or obsolete electronic products. E-Waste can be toxic in nature because it contains hazardous metals such as lead, mercury, and cadmium. In India as well as other developing countries, the majority of electronic products are not recycled, which poses a serious environmental and health risk.
E-Waste in India is primarily generated from large household appliances and the Information Technology and Telecommunications sectors. In the coming years, as technologies advance, the lifespan of products is expected to become shorter as businesses and consumers replace older electronic equipment with newer models. This trend will also increase the amount of E-Waste generated in the country.
In India, the E-Waste management and recycling market faces major challenges due to a lack of proper regulatory interface and a lack of supporting infrastructure to process E-Waste.
E-Waste Market in India
According to India E-Waste Management Market Forecast & Opportunities, 2019, a recently published report from TechSci Research, the country’s E-Waste market is expected to grow at a CAGR of around 30.6% during 2014-19. The Southern and Western regions are the largest contributing regions in the country’s E-Waste market due to the presence of IT hubs such as Chennai, Bangalore and Hyderabad. However, the country’s Western and Northern regions are also growing at a significant rate due to introduction of new recycling facilities, especially in Delhi/NCR region.
According to Mr. Karan Chechi, Research Director with TechSci Research,
The enforcement of E-Waste management laws by the government of India for proper and regularized management, disposal, and recycling of E-Waste is setting a new trend in the market. Since, in India, (the) majority of the E-Waste is processed by the unorganized sector, introduction of stringent regulations is expected to significantly benefit the organized players over the next five years.
E-Waste Vendors in India
Major E-Waste recycling and management companies operating in India mentioned in the report include
These players are focused on increasing consumer awareness, while also working towards bridging the gap between the organized and unorganized E-Waste management market in India.
About the Report
India E-Waste Management Market Forecast & Opportunities, 2019 evaluates the future growth potential of the E-Waste management market in India and provides statistics and information on market structure, market trends, market size, etc.
About TechSci Research
TechSci Research is a global market research and consulting company with offices in Canada, UK, and India. TechSci Research provides market research consulting services in five verticals ─ Information Technology, Water and Water Recycling, Consumer Goods and Retail, Automotive, and Energy and Power. The company uses a proprietary business model that focuses on improved productivity and creation of high-quality reports.
Photograph: Internet Café by Gabriella Fabbri, Italy.