Live
- Punjab DGP, MHA official request farmer leader Dallewal to end 20-day fast
- Govt unveils ‘Jalvahak’ to boost inland waterways
- List of criminals: Delhi BJP chief on AAP panel of 38 candidates
- PSBs in India clock record Rs 1.41 lakh crore in net profit in FY24
- Telangana Government Announces Key Development Plans: Bhatti Vikramarka
- Crackdown on illegal poppy farming in Manipur: Assam Rifles destroyed 6,228 acres in 5 years
- South Korea's ruling party leader cancels press conference amid calls for resignation
- AIADMK's big meet discusses 2026 polls, prospective alliances
- BJP questions Congress-Shiv Sena (UBT) alliance over Aaditya Thackeray's Savarkar-Nehru remark
- Maha Oppn to boycott customary CM tea meet, cites rising farmers' distress, atrocities against Dalits
E-waste business in India to overtake China
E-Waste Business in India to Overtake China. The e-waste market in India is expected to grow at a higher rate than in China in the next few years, said a report. According to a research report, the e-waste market in India is expected to grow at a Compound Annual Growth Rate (CAGR) of 26 per cent during 2015-2019, while the e-waste management services market in China is forecast to grow at a CAGR of 19.41 per cent over the period 2013-2018.
New Delhi: The e-waste market in India is expected to grow at a higher rate than in China in the next few years, said a report. According to a research report, the e-waste market in India is expected to grow at a Compound Annual Growth Rate (CAGR) of 26 per cent during 2015-2019, while the e-waste management services market in China is forecast to grow at a CAGR of 19.41 per cent over the period 2013-2018.
As per the research report titled e-waste market in India 2015-2019, the need to prevent biological hazards is one of the major trends upcoming in this market. “Growing need to reduce toxins discharged from unattended e-waste has triggered more investment in the market,” the report said, adding that the average discard/replacement rates have increased with a corresponding increase in buying power.
The report by US-based ReportsnReports.com further said that lack of effective e-waste disposal mechanisms is hindering market growth. E-waste broadly describes loosely discarded, surplus, broken, obsolete, electrical and electronic devices.It is an area of immediate and long term concern as its unregulated accumulation and recycling can lead to major environmental degradation which will pose a major threat to health, it said.
