India's E-Waste May Surpass China's, Says Study

by CXOtoday News Desk    Dec 31, 2014

ewaste

The E-waste market in India is expected to grow at a higher rate than in China in the next few years, according to a report. E-Waste or Electronic Waste broadly describes loosely discarded, surplus, broken, obsolete, electrical and electronic devices and is an area of immediate and long term concern as its unregulated accumulation and recycling can lead to major environmental degradation, thereby posing major threat to human health.

The report by US-based ReportsnReports.com said that lack of effective E-waste disposal mechanisms is hindering market growth. According to a research report, the E-waste market in India is expected to grow at a Compound Annual Growth Rate (CAGR) of 26 percent during 2015-2019, while the E-waste management services market in China is forecast to grow at a CAGR of 19.41 percent over the period 2013-2018.

Until recently China and the US produced the most E-waste. However, as per the research report titled E-Waste Market in India 2015-2019, the average discard or replacement rates have increased with a corresponding increase in buying power and the need of the hour is to prevent the biological hazards associated with E-waste.

Earlier this year, another report based on data compiled by Solving the E-Waste Problem (StEP), UN partnership organization stated that global electronic waste problem is escalating is expected to jump one-third to 65.4 million tons by 2017. This means, the discarded electronic devices such as computers and mobile phones will reach a whopping 33 percent during that time.

India is currently strengthening its focus on e-waste recycling and disposal. At a recent workshop on e-waste awareness, IT hardware industry body MAIT predicted that the country is expected to generate about 1.5 lakh ton of wastage from the use of electronics every year by 2020 and calls for greater awareness among organizations and people on dealing with e-waste.

“This can only be achieved if bulk consumers of electrical and electronic equipments accept their responsibility to follow the E-waste rules and channelize it through authorized collection centres or recyclers,” Anwar Shirpurwala, Executive Director, MAIT stated at the workshop. [To read the article, click here.]

However, he also noted that one of the large issue that industry is facing is getting clearance from various state and central agencies and therefore the body is urging the government to take immediate steps in order to troubleshoot this challenge.

[Read: Waking up to e-waste]

MAIT has also successfully launched several programs on e-waste awareness targeted towards the bulk consumers, informal sector and government institutions.

Towards this end, Dr. Dieter Mutz, Director, GIZ-IGEP, states that E-waste is not only an issue of public sector or private sector, but rather an issue which requires larger attention and both these sectors shall have to support each other for the same.

 “We should not look at E-waste from disposal or hygiene point, the concern should rather be on how we as industry can ensure the right resources for product development and be in the business of selling IT products,” he says.