ENA Sectors 2025-02-20 16:11:38 <p><span style="font-size:14px"><strong>New Delhi, Feb 20 (KNN)</strong> Indias e-recycling industry is poised for significant expansion, with projections indicating a compound annual growth rate (CAGR) of 13.52 per cent, reaching USD 198.52 million by 2032, according to India Ratings and Research (Ind-Ra).</span></p> <p><span style="font-size:14px">The report highlights the growing demand for a robust reverse logistics network to streamline e-waste procurement and ensure efficient contract fulfilment.</span></p> <p><span style="font-size:14px">It also emphasises the importance of technical expertise to maximize revenue from Extended Producer Responsibility (EPR) mandates, which hold manufacturers accountable for managing e-waste.</span></p> <p><span style="font-size:14px">India currently ranks as the worlds third-largest e-waste producer, following China and the US. While nations like Switzerland, Sweden, and Norway lead in efficient e-waste recycling, Indias sector has long been dominated by unorganised players, resulting in improper disposal practices and environmental hazards.</span></p> <p><span style="font-size:14px">However, the landscape is shifting. With over 569 authorised recyclers registered under the Central Pollution Control Board (CPCB), the industry now supports an annual recycling capacity of 1.79 million metric tonnes.</span></p> <p><span style="font-size:14px">Stricter regulations and rising EPR fees are expected to phase out informal players, driving growth for organised recyclers.</span></p> <p><span style="font-size:14px">The dual revenue streams from high-margin EPR fees and the sale of ESG-positive extracted metals are set to formalize the historically fragmented e-waste sector, said Abhash Sharma, Senior Director at Ind-Ra.</span></p> <p><span style="font-size:14px">Despite these prospects, recyclers face challenges like working capital blockages and fluctuating profitability due to uneven EPR billings.</span></p> <p><span style="font-size:14px">Strengthening reverse logistics and investing in research and development remain critical for long-term growth.</span></p> <p><span style="font-size:14px">With enhanced compliance measures and a focus on environmental safety, Indias e-recycling sector is on a promising path toward sustainability and profitability.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 41149 https://knnindia.co.in/news/newsdetails/sectors/indias-e-recycling-sector-growing-at-13-cagr-to-reach-1985-million-by-2032 2025-02-20 16:11:38 knnindia.co.in