There is hidden treasures in e-waste
August 4, 2016 2:21am CST
Hi Mylot Friends, There are treasures in e-waste, more than 1000 million members in Telcom sector in India. India is the second biggest market for mobile phones. India is biggest user for computers in the world, day by day the uses of electronic gadgets in houses are increasing. A phone for six months and a computer for two years become replaced in India, if so what about the old and used electronic gadgets, these are joining with million tonnes of e-waste yearly. India is the 5th producer of e-waste in the world, with yearly growth of 30 percent by 2020 this e-waste will be 52 million metric tonnes these estimates are given by Asocham-KPMG. This e-waste will be dangerous to the environment, if we use these e-waste in a proper way we can make money. e-waste contains Gold, Silver,Palladium and Steel metals, these are costly and precious. procuring precious metals,segregate, divide and make them for re-cycling, there may be lot of business opportunities hide in this sector. At present only 1.5 percent of e-waste are re-cycling, at present the e-waste industry is Rs 300,000 millions and this will increase to Rs 1,250,000 Crores by 2020. At present the 95% re-cycling industry for e-waste is unorganized, we do not have the resources for utilizing the e-waste. Due to unorganized healthy measures this industry workers are being attacked for several diseases. By working with Lead, Cadmium, Mercury harm chemicals the industry workers becoming ill health.