Green businesses are the key drivers of the economy in the current global business scenario. Of the various green initiatives, waste recycling creates the highest positive impact on the environment. Of all the different types of waste, electronic waste has the characteristics of

a)        the fastest growing segment of waste

b)        most valuable due to its basic composition

c)        very hazardous if not handled carefully.

However, the sector is very new with only a few corporate players in India and globally. Most of the electronic waste management sector is currently handled by the unorganized /informal sector in India. However due to lack of skills, knowledge, awareness, etc., the sector has remained highly labour intensive, environmentally unfriendly and unhealthy. If done in the right way, and in an organized fashion, e-waste management can become a dominant economic sector. The purpose of this document is to present a project report on electronic waste recycling as a financially rewarding business. We find that the e-waste business is highly profitable from the economic as well as environmental perspective. There are some established success stories around the world as well as a few in India. However, it is assumed that the unorganized sector has a cost advantage. Hence the organized waste management remains limited. We, at GGR, hold the opinion that the costs of the unorganized sector are not necessarily lower than the organized sector especially when we consider three major aspects:

a)        Rising cost of labour

b)        Limited efficiency of labour

c)        Low quality of the final output

             Automated or semi-automated large capacity plants require less labour, can consistently work at high efficiency and produce a much better quality of the final product. Therefore, they are extremely cost effective in the long run. Thus, even if there is competition of the unorganized sector, e-waste management can be an economically viable and a high returns business for the organized industry. 

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