E-waste is now the fastest growing waste stream, with computer equipment accounting for almost 70 percent of it, followed by telecommunication equipment (12 percent), electrical equipment (8 percent), and medical equipment (7 percent).
E-waste, needless to say, represents an enormous environmental hazard. However, it also presents huge opportunities for entrepreneurs willing to take the plunge. According to a recent study by Assocham-Ckinetics, India is the fifth largest e-waste producer and its e-waste generation is expected to annually grow at 30 percent to touch 5.2 million metric tonnes (MT) per annum by 2020 as against the present level of 1.8 million metric tonnes. This, in turn, represents a huge business opportunity in e-waste recycling.
Corpseed team helps you to set up an e-waste management plant. Connect with team Corpseed for more details on applicable laws.