India E-waste Management Market Size
| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 0.68 Billion |
| Market Size (2030) | USD 1.00 Billion |
| CAGR (2025 - 2030) | 8.11 % |
| Market Concentration | Low |
Major Players---Copy.webp "India E-waste Management Market Major Players")
*Disclaimer: Major Players sorted in no particular order |
India E-waste Management Market Analysis
The India E-waste Management Market size is estimated at USD 0.68 billion in 2025, and is expected to reach USD 1.00 billion by 2030, at a CAGR of 8.11% during the forecast period (2025-2030).
- In India, a mere 5% of the total e-waste is recycled through formal channels. The remaining 95% often finds its way to informal recycling hubs, resulting in dire environmental and health consequences. As India forges ahead in technological advancements, it faces an urgent imperative: to craft sustainable and efficient e-waste management solutions. This endeavor is not just an environmental duty; it's pivotal for the responsible expansion of India's electronics sector and the health of its citizens.
- Data from the United Nations Conference on Trade and Development (UNCTAD) highlights India's e-waste challenge. The nation has seen a staggering 163% surge in electronic waste, predominantly from screens, computers, and compact IT devices. This spike is among the highest globally, underscoring the magnitude of the challenge.
- Annually, India produces around 3.2 million tonnes of e-waste, securing its position as the world's third-largest e-waste generator. This figure not only highlights the sheer volume but also underscores the rapid accumulation pace, marked by a compound annual growth rate of roughly 30%. For context, global e-waste generation hovers around 53 million tonnes yearly, with India making a notable contribution.
- The electronics sector, a cornerstone of India's economy, is deeply intertwined with this e-waste narrative. Bolstered by a thriving IT industry and a burgeoning consumer electronics market, the lifespan of electronic products has seen a marked reduction. This shift has led to heightened disposal rates for devices, from computers to smartphones. Notably, computer equipment constitutes nearly 70% of India's e-waste output.
- Effective April 1, 2023, the government rolled out the E-Waste (Management) Rules. Encompassing 100 categories of electronic equipment, these regulations mandate manufacturers to adopt more sustainable practices for their products' end-of-life. The legislation targets a 70% e-waste collection rate by FY23-24, ramping up to 80% from 2024-25. This move is pivotal in formalizing the sector and mitigating the dangers of informal recycling. The regulations not only advocate for environmentally friendly e-waste management but also bolster the extended producer responsibility (EPR) system for recycling. A portal established by the Central Pollution Control Board (CPCB) requires registration from all manufacturers, producers, refurbishers, and recyclers. Despite being the third-largest generator of e-waste globally, India trails significantly in recycling efforts. While top e-waste producers China and the US manage to recycle 16% and 15% of their e-waste respectively, India manages a mere 1%. This stark contrast underscores the pressing need for improved recycling initiatives.
- As India strides towards a circular economy, systematic e-waste recycling promises not just to mitigate environmental damage but also to champion sustainable development. The synergy between government, industry, and technology is crucial in reimagining e-waste, turning it from a looming challenge into a beacon of economic and environmental advancement.
India E-waste Management Market Trends
India's Battle Against Plastic Waste: A Commitment to Sustainability and Circular Economy
India ranks among the top global consumers of plastic, with an annual consumption exceeding 16 million tons. Yet, due to insufficient waste management systems, the country generates around 26,000 tons of plastic waste daily, with only a small portion being recycled. India produces a staggering 9.4 million tonnes of plastic waste each year. Of this, around 5.6 million tonnes are recycled, while 3.8 million tonnes remain uncollected or escape after-use collection systems. The unchecked production and consumption of non-biodegradable plastics pose significant challenges, particularly for developing nations. In these countries, the rising population and swift urbanization drive a predominant reliance on plastics to meet their needs.
Recognizing the pressing need to combat plastic pollution, the Indian government has rolled out multiple initiatives aimed at bolstering sustainable plastic recycling. The 2022 amendments to the Plastic Waste Management Rules underscore the government's commitment to addressing plastic waste and steering the nation towards a circular economy for plastics. These regulatory updates set definitive targets to enhance the use of recycled content in packaging and to phase out single-use plastic packaging. Changes to the Extended Producer Responsibility (EPR) guidelines are poised to boost market demand for high-quality recyclates and collected recyclables.
The National Circular Economy Roadmap for Reducing Plastic Waste in India delves into strategies to minimize plastic waste in landfills and its environmental pollution. Insights from the roadmap project that by 2035, two-thirds of all plastics utilized could be recycled, and single-use plastics might be entirely phased out. The roadmap further highlights that converting plastic waste into valuable resources can lead to a cleaner environment, notably enhancing air quality. Such measures could potentially cut greenhouse gas emissions by 20-50%.
India is on a mission to curtail plastic waste through innovation. By embracing circular economy principles, advanced technologies, and novel business models, India aims to prolong the lifecycle of plastic materials, paving the way for emerging industries and job opportunities in a future free from plastic waste.
Demand for Electronic Products is boosting the market growth
In India, the demand for electronic products and components has surged past USD 130 billion, fueled by rising consumption in sectors like mobile devices, automotive electronics, and lighting. This escalating demand, combined with the varied materials used in electronics manufacturing, has intensified the e-waste challenge. This challenge poses serious health and environmental risks, largely due to a prevailing lack of education and awareness. Individuals in the informal waste sector often unknowingly expose themselves to harmful toxins. To address this, the Government must enhance its campaigns and awareness initiatives.
In April 2024, as part of efforts to combat India's escalating electronic waste (e-waste) dilemma, the Technology Development Board (TDB) entered into a groundbreaking collaboration with Remine India, a startup at the forefront of sustainable solutions. Their joint venture aims to set up a state-of-the-art commercial facility in Uttarakhand, focusing on recycling lithium-ion batteries and e-waste. This significant endeavor, backed by the Ministry of Science and Technology, is set to receive a financial boost of Rs 7.5 crore (USD 88 K) from TDB, with the overall project budget pegged at Rs 15 crore (USD 1.7 million). The state-of-the-art recycling facility will be strategically located at Eldeco, situated within the SIIDCUL Industrial Area in Sitarganj, Udham Singh Nagar district, Uttarakhand. Leveraging cutting-edge technology developed by the Centre for Materials for Electronics Technology (CMET), the plant will implement efficient and eco-friendly recycling processes.
Presently, e-waste is growing in India at a rate of 10 percent annually, with a majority of recycling done in the informal sector using hazardous methods. India ranks third globally in e-waste generation, underscoring the urgent need for sustainable solutions to manage electronic waste. This initiative marks a significant step towards addressing India's electronic waste crisis and promoting a sustainable future.
India E-waste Management Industry Overview
The India E-waste Management Market features a competitive landscape where established players and emerging startups coexist, all responding to the urgent demand for sustainable waste management solutions amidst rising electronic waste generation. Key players include ECOVERVA E-Waste Recycler, Waste Ventures India, and BVG India Ltd., among others. Rapid urbanization in India is driving up electronic consumption, which in turn fuels e-waste generation. Meanwhile, advancements in recycling technologies are boosting operational efficiencies and enhancing the recovery rates of valuable materials from e-waste. In response to these challenges, the Indian government is rolling out policies to champion sustainable e-waste management practices, actively fostering public-private partnerships and encouraging startup involvement.
India E-waste Management Market Leaders
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ECOVERVA E Waste Recycler
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BVG India Ltd.
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Cosmos Recycling
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Ramky Group
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EWRI (E-Waste Recyclers India)
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A2Z Group
*Disclaimer: Major Players sorted in no particular order
India E-waste Management Market News
- July 2024: E-waste recycler Attero has ventured into the D2C sector with the debut of its integrated e-waste Consumer Take-Back platform, Selsmart. This initiative seeks to reshape the e-waste recycling landscape and address India's escalating e-waste dilemma, anticipated to hit 14 million tonnes by 2030. Selsmart streamlines the recycling journey, offering scheduled doorstep pickups for old electronics. Currently, Attero processes 144,000 MT of e-waste annually at its Roorkee facility, with ambitions to scale this to 415,000 MT over the next five years. Through Selsmart, consumers can effortlessly make eco-friendly and financially savvy decisions from their homes.
- March 2024: Recyclekaro, a leading name in India's e-waste and lithium-ion battery recycling sector, is on the verge of launching the country's inaugural Plasma Furnace Technology Unit, aimed at extracting high-value metals. This pioneering move not only underscores a major advancement in recycling and resource recovery but also positions India as a trailblazer in environmental sustainability, Presently, Recyclekaro's advanced facility, with a capacity of 7,500 metric tonnes, adeptly extracts precious metals such as gold, silver, platinum, and palladium, alongside rare earth metals from both electronic waste and industrial residues. With the new plasma furnace in place, the company's recycling capacity is poised to surge nearly tenfold, reaching an impressive 75,000 metric tonnes annually.
India E-waste Management Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Current Market Scenario
4.2 Technological Trends
4.3 Value Chain/Supply Chain Analysis
4.4 Government Regulations and Initiatives
4.5 Insights into Technological Advancements in the Industry
4.6 Impact of Geopolitical Events and Covid-19 on the market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Volume of E-Waste
5.1.2 Stringent Government Regulations and Policies
5.2 Market Restraints
5.2.1 Complexity of E-Waste
5.2.2 Inadequate Infrastructure
5.3 Market Opportunities
5.3.1 Circular Economy
5.4 Porter's Five Forces Analysis
5.4.1 Bargaining Power of Suppliers
5.4.2 Bargaining Power of Consumers/Buyers
5.4.3 Threat of New Entrants
5.4.4 Threat of Substitute Products
5.4.5 Intensity of Competitive Rivalry
6. MARKET SEGMENTATION
6.1 By Material Type
6.1.1 Metal
6.1.2 Plastic
6.1.3 Glass
6.1.4 Other Materials
6.2 By Source Material
6.2.1 Consumer Electronics
6.2.2 Industrial Electronics
6.2.3 Household Appliances
6.2.4 Others
6.3 By Application
6.3.1 Landfill
6.3.2 Recycled
6.3.3 Others
7. COMPETITIVE LANDSCAPE
7.1 Overview (Market Concentration and Major Players)
7.2 Company Profiles
7.2.1 ECOVERVA E Waste Recycler
7.2.2 Waste Ventures India
7.2.3 BVG India Ltd
7.2.4 Cosmos Recycling
7.2.5 Ramky Group
7.2.6 Attero Recycling
7.2.7 EWRI (E-Waste Recyclers India)
7.2.8 Greeniva Recycler Pvt. Ltd.
7.2.9 Namo eWaste Management Ltd.
7.2.10 A2Z Group*
- *List Not Exhaustive
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
9. APPENDIX
India E-waste Management Industry Segmentation
The e-waste management market is the process of collecting, recovering, and recycling electronic waste. It also includes the disposal of e-waste in a way that reduces its negative effects on the environment.
The India E-Waste Management Market Report is Segmented by Material Type (Metals, Plastic, Glass, Others), by Source Type (Consumer Electronics, Industrial Electronics, Household Appliances, Others), by Application (Landfill, Recycled, Others), The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.
The report provides a comprehensive background analysis of the market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the competitive landscape of the industry. Additionally, the COVID-19 impact has been incorporated and considered during the study.
| By Material Type | |
| Metal | |
| Plastic | |
| Glass | |
| Other Materials |
| By Source Material | |
| Consumer Electronics | |
| Industrial Electronics | |
| Household Appliances | |
| Others |
| By Application | |
| Landfill | |
| Recycled | |
| Others |
India E-waste Management Market Research FAQs
How big is the India E-waste Management Market?
The India E-waste Management Market size is expected to reach USD 0.68 billion in 2025 and grow at a CAGR of 8.11% to reach USD 1.00 billion by 2030.
What is the current India E-waste Management Market size?
In 2025, the India E-waste Management Market size is expected to reach USD 0.68 billion.
Who are the key players in India E-waste Management Market?
ECOVERVA E Waste Recycler, BVG India Ltd., Cosmos Recycling, Ramky Group, EWRI (E-Waste Recyclers India) and A2Z Group are the major companies operating in the India E-waste Management Market.
What years does this India E-waste Management Market cover, and what was the market size in 2024?
In 2024, the India E-waste Management Market size was estimated at USD 0.62 billion. The report covers the India E-waste Management Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India E-waste Management Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
India E-waste Management Industry Report
Statistics for the 2025 India E-waste Management market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. India E-waste Management analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
