{"id":47193,"date":"2022-08-23T13:00:31","date_gmt":"2022-08-23T07:30:31","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=47193"},"modified":"2024-12-18T18:30:16","modified_gmt":"2024-12-18T13:00:16","slug":"growth-opportunities-in-recycling-and-waste-management-business","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/growth-opportunities-in-recycling-and-waste-management-business\/","title":{"rendered":"Growth Opportunities in Recycling and Waste Management Business"},"content":{"rendered":"\n<p>Waste generation is associated with almost\nevery activity conducted by human beings for a long period of time. But in the\npresent scenario, it has become a matter of concern and priority due to the\nincreasing gap between the amount of waste generated and waste managed,\nespecially in developing countries like India. With this increasing volume of\nwaste and different sources of waste, the different variety of waste is also\ncoming into the light during a covid pandemic, and the problem of bio-medical\nwaste increased to an unmanageable amount. Waste is defined as the useless\nproduct generated from human activity. It is also defined as any component or\nmaterial which has been rendered useless to the producers&#8217;.<\/p>\n\n\n\n<p>Waste is classified into many categories\nbased on its properties like: &#8211;<\/p>\n\n\n\n<ul>\n<li>Physical state\n<ol>\n<li>Solid waste<\/li>\n\n\n\n<li>Liquid waste<\/li>\n\n\n\n<li>Gaseous waste<\/li>\n\n\n\n<li>Source<\/li>\n<\/ol>\n<\/li>\n\n\n\n<li>Household\/Domestic waste\n<ol>\n<li>Industrial waste<\/li>\n\n\n\n<li>Agricultural waste<\/li>\n\n\n\n<li>Commercial wasted<\/li>\n\n\n\n<li>Demolition and construction waste<\/li>\n\n\n\n<li>Mining waste<\/li>\n<\/ol>\n<\/li>\n\n\n\n<li>Environmental impact\n<ol>\n<li>Hazardous waste<\/li>\n\n\n\n<li>Non-hazardous waste<\/li>\n<\/ol>\n<\/li>\n<\/ul>\n\n\n\n<p>With this many types of waste, the market\nalso needs this many recycling and management businesses to properly regulate\nand reduce the waste as well as protect the environment. This blog will expand\non the growth opportunities present in Recycling and Waste management\nbusinesses in India.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/growth-opportunities-in-recycling-and-waste-management-business\/#Market_Overview_of_Recycling_and_Waste_Management_Business\" >Market Overview of Recycling and Waste Management Business<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/growth-opportunities-in-recycling-and-waste-management-business\/#Various_upcoming_recycling_and_Waste_Management_Business\" >Various upcoming recycling and Waste Management Business<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/growth-opportunities-in-recycling-and-waste-management-business\/#Authorisationlicenses_that_are_needed_for_setting_up_Recycling_and_Waste_Management_Business\" >Authorisation\/licenses that are needed for setting up Recycling and Waste\nManagement Business<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/growth-opportunities-in-recycling-and-waste-management-business\/#Challenges_faced_by_Business_owners\" >Challenges faced by Business owners<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/growth-opportunities-in-recycling-and-waste-management-business\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Market_Overview_of_Recycling_and_Waste_Management_Business\"><\/span>Market Overview of Recycling and Waste Management Business<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Recycling and <a href=\"https:\/\/corpbiz.io\/waste-management\" title=\"Advantages of Waste Management\"><strong>Waste Management<\/strong><\/a> businesses have a lot of potential in the current market with people becoming more aware of environmental protection, shifting the market from a linear to a circular economy, as well as the government&#8217;s initiative to decrease overall pollution in the country. According to recent reports on the market overview, the global waste management market size was esteemed at USD 423.4 billion in 2021 and expected to reach USD 542.7 bn by 2026, elevating at a CAGR of 5.1% during the forecast period. <\/p>\n\n\n\n<p>Apart Global market, if we see the current\nscenario in India, it is estimated that by 2025 recycling and waste management\nbusiness in India will have a market worth US dollars 13.62 billion with annual\ngrowth of 7.17 per cent. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Various_upcoming_recycling_and_Waste_Management_Business\"><\/span>Various upcoming recycling and Waste Management Business<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In India, as explained, there is a huge\naccumulation of various types of waste; with these different types of waste,\nthere is a huge opportunity for the establishment of different types of waste\nmanagement businesses. Some of them are: &#8211;<\/p>\n\n\n\n<ul>\n<li><strong>E-Waste\nManagement Business<\/strong><\/li>\n\n\n\n<li><strong>Plastic\nWaste Management Business <\/strong><\/li>\n\n\n\n<li><strong>Hazardous\nWaste Management Business <\/strong><\/li>\n\n\n\n<li><strong>Industrial\nWaste Management business <\/strong><\/li>\n\n\n\n<li><strong>Food\nWaste Management Business <\/strong><\/li>\n\n\n\n<li><strong>Bio-Medical\nWaste Management Business <\/strong><\/li>\n\n\n\n<li><strong>Construction\nWaste Management Business <\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Authorisationlicenses_that_are_needed_for_setting_up_Recycling_and_Waste_Management_Business\"><\/span>Authorisation\/licenses that are needed for setting up Recycling and Waste\nManagement Business<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For starting any recycling and waste\nmanagement business, the industry owner has to obtain a few authorisations and\nlicenses as specified under the E-Waste (Management) Rules, 2016\/Plastic\n(Management) Rules, 2016 or Hazardous Waste Rules and the implementation guidelines\nof Management Rules prescribed by the Central Pollution Control Board or State\nPollution Control Board. These licenses are granted by the Central Pollution\nControl Board or State Pollution Control Board, or other government authority,\nregulated under the Ministry of Environment, Forest and Climate change. The\nauthorisations needed are: &#8211;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">GST Certificate<\/h3>\n\n\n\n<p><strong>Document\nrequired for GST Certificate<\/strong><\/p>\n\n\n\n<ol>\n<li>PAN\nCard<\/li>\n\n\n\n<li>Ministry\nof Corporate Affairs authorised Incorporation Certificate <\/li>\n\n\n\n<li>MOA<\/li>\n\n\n\n<li>AOA<\/li>\n\n\n\n<li>Applicant\nAdhaar Card<\/li>\n\n\n\n<li>Address\nproof<\/li>\n\n\n\n<li>Bank\nDetails<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Company license<\/h3>\n\n\n\n<p><strong>Documents\nrequired for establishing the company<\/strong><\/p>\n\n\n\n<ol>\n<li>PAN Card;<\/li>\n\n\n\n<li>Address Proof such as\n<ul>\n<li>Passport;<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Election Card or Voter Identity Card;<\/li>\n\n\n\n<li>Ration Card;<\/li>\n\n\n\n<li>Driving License;<\/li>\n\n\n\n<li>Electricity Bill;<\/li>\n\n\n\n<li>Telephone Bill;<\/li>\n\n\n\n<li>Aadhaar Card;<\/li>\n\n\n\n<li>Residential Proof such as\n<ul>\n<li>Bank Statement<\/li>\n\n\n\n<li>Electricity Bill<\/li>\n\n\n\n<li>Telephone Bill<\/li>\n\n\n\n<li>Mobile Bill<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/corpbiz.io\/gst-registration\" title=\"GST Registration Certificate\">GST Registration Certificate<\/a><\/strong>;<\/li>\n\n\n\n<li>MOA (Memorandum of Association);<\/li>\n\n\n\n<li>AOA (Article of Association);<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Udyog Aadhaar MSME Registration<\/h3>\n\n\n\n<p>For acquiring MSME (Micro, Small and Medium\nEnterprise) registration, one has to apply through the online portal of the\nauthority and upload the mandated documents. <\/p>\n\n\n\n<p><strong>Documents\nneeded for MSME registration <\/strong><\/p>\n\n\n\n<ol>\n<li>Applicant Official Name<\/li>\n\n\n\n<li>Name\nand type of enterprise<\/li>\n\n\n\n<li>Aadhar\nCard<\/li>\n\n\n\n<li>PAN\nNumber <\/li>\n\n\n\n<li>The\nNIC Code<\/li>\n\n\n\n<li>Account\nDetails<\/li>\n\n\n\n<li>The\nsocial category of the applicant<\/li>\n\n\n\n<li>The\nbusiness operations of the enterprise<\/li>\n\n\n\n<li>Date\nof Incorporation of a business<\/li>\n\n\n\n<li>Details\nrelated to employment<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">EPR Authorization for E-Waste<\/h3>\n\n\n\n<p>Recyclers have to file the application\nunder Form I from the online portal of the state pollution Control Board which\nis again submitted with the mandated documents. Once the authorisation\napplication is submitted, it is reviewed and scrutinised by authorities,\nfollowing which the recyclers are provided with the authorisation. <\/p>\n\n\n\n<p><strong>Documents\nrequired for acquiring EPR Authorisation<\/strong><\/p>\n\n\n\n<ol>\n<li>EPR\nplan;<\/li>\n\n\n\n<li>Financial\nbreakup for EPR;<\/li>\n\n\n\n<li>Self-declaration\nunder RoHS;<\/li>\n\n\n\n<li>Copy\nof authorisation issued by the SPCBs\/PCCs earlier in case of those\nmanufacturers who are operating in India prior to 01-10-2016;<\/li>\n\n\n\n<li>Details\nof future awareness programmes and associated initiatives;<\/li>\n\n\n\n<li>Copy\nof the authorisation from the relevant state authority for marketing various\nproducts or for doing the business as given below:<\/li>\n\n\n\n<li>TIN\ndetails;\n<ol>\n<li>PAN\ndetails;<\/li>\n\n\n\n<li><a href=\"https:\/\/corpbiz.io\/company-registration\" title=\"Private Limited Company Incorporation\"><strong>Incorporation certificate<\/strong><\/a>;<\/li>\n\n\n\n<li>Copy\nIEC;<\/li>\n<\/ol>\n<\/li>\n\n\n\n<li>Copies\nof agreement document with other Stakeholders like dealers, collection centres,\ndismantlers, recyclers, treatment, storage and disposal facilities (TSDFs) etc.\n<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Consent Certificates<\/h3>\n\n\n\n<ol>\n<li><strong>Consent\nto Establish\/CTE<\/strong> under the\nAir and Water (Prevention and Control of Pollution) Act<\/li>\n\n\n\n<li><strong>Consent\nto Operate\/CTO<\/strong> under the\nAir and Water (Prevention and Control of Pollution) Act<\/li>\n<\/ol>\n\n\n\n<p>The process of both the consent certificate\nis mandated under the Air and Water Act, which follows the similar steps of\nfiling the application through the online portal of the state pollution control\nboard with prescribed documents which is followed by a review of an\napplication. After that site, an inspection takes place by the authorised\npersonnel who make the report according to the inspection, and at last, the\ncertificate is granted.<\/p>\n\n\n\n<p><strong>Documents\nrequired for consent certificate<\/strong><\/p>\n\n\n\n<ol>\n<li>SSI\nCertificate;<\/li>\n\n\n\n<li>Industry\nDepartment Certificate;<\/li>\n\n\n\n<li>The\nlayout plan\/Site plan;<\/li>\n\n\n\n<li>Details\non channelisation;<\/li>\n\n\n\n<li>Total\nopen land<\/li>\n\n\n\n<li>Total\nconstructed area<\/li>\n\n\n\n<li>The\nproject report<\/li>\n\n\n\n<li>Water\nusage breakdown<\/li>\n\n\n\n<li>DG\nSpecifications<\/li>\n\n\n\n<li>Raw\nmaterial list with daily MTD\/monthly quantity<\/li>\n\n\n\n<li>Effluent\n\/ Sewage Treatment Plant Flow Diagram<\/li>\n\n\n\n<li>Boiler\ntype, fuel used, and quantity<\/li>\n\n\n\n<li>Specifics\non air pollution controls<\/li>\n\n\n\n<li>Product\/by-product\nlist with daily MTD\/monthly quantity<\/li>\n\n\n\n<li>Permission\nfrom the state&#8217;s groundwater authority.<\/li>\n\n\n\n<li>Factory\/Trade\nLicense<\/li>\n\n\n\n<li>Authorisation\nLetter<\/li>\n\n\n\n<li>Pan\nCard<\/li>\n\n\n\n<li>The Aadhar\nCard<\/li>\n\n\n\n<li>Municipality\nor Industry license<\/li>\n\n\n\n<li>Registration\nProof of unit<\/li>\n\n\n\n<li>Site\nPlan<\/li>\n\n\n\n<li>Water\nBill<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Hazardous waste Authorisation<\/h3>\n\n\n\n<p>The applicant for establishing a recycling and waste management business has to file an application in Form I with the state Pollution Control Board. Once the application is submitted, it is reviewed by the <strong>SPCB\/PCC<\/strong><sup><a href=\"https:\/\/cpcb.nic.in\/spcbs-pccs\/\"><strong>[1]<\/strong><\/a><\/sup>, which is followed by granting of authorisation if the application is in accordance with the rules. <\/p>\n\n\n\n<p><strong>The\ndocument required to acquire the authorisation<\/strong><\/p>\n\n\n\n<ol>\n<li>Factory\/Trade\nLicense<\/li>\n\n\n\n<li>Authorisation\nLetter<\/li>\n\n\n\n<li>Pan\nCard<\/li>\n\n\n\n<li>The\nAadhar Card<\/li>\n\n\n\n<li>Municipality\nor Industry license<\/li>\n\n\n\n<li>CIN<\/li>\n\n\n\n<li>MOA<\/li>\n\n\n\n<li>AOA<\/li>\n\n\n\n<li>Board\nResolution<\/li>\n\n\n\n<li>Site\nPlan<\/li>\n\n\n\n<li>Water\nBill<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Challenges_faced_by_Business_owners\"><\/span>Challenges faced by Business owners<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In India, the current recycling and waste\nmanagement system relies on the poor waste management infrastructure, the lack\nof people on proper disposal of waste, and the informal sector. Along with\nthis, the lack of initiative from the community to participate in waste\nmanagement by facilitating the collection process also hinders the growth of\nthe Recycling and Waste Management Business. There is an urgent need to\nencourage community participation and change in attitude towards the waste\nmanagement system to promote a sustainable environment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Sustainable and financially feasible waste management must confirm maximum resource segregation from waste, joined with harmless disposal of remaining waste through the technological development of landfill and waste-to-energy services. Apart from this, India also faces disadvantages related to waste management infrastructure and technology, waste policy and the availability of knowledgeable and trained people in the waste management sector. Till these essential necessities are met, the growth opportunities for recycling and waste management in India will continue to decline from deprived waste management and the related effects on public health and the environment.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our Article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/how-to-set-up-plastic-waste-recycling-business\/\">How to set up Plastic Waste Recycling Business?<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Waste generation is associated with almost every activity conducted by human beings for a long period of time. But in the present scenario, it has become a matter of concern and priority due to the increasing gap between the amount of waste generated and waste managed, especially in developing countries like India. With this increasing [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":47194,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[888],"tags":[2628],"acf":{"service_id":"492"},"authorName":"Muskaan Verma","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/05\/MicrosoftTeams-image-14.jpg","authorDescription":"Muskaan has completed her BA.LLB and LLM, gaining vast legal knowledge and expertise. She has keen interest in legal research and content writing, having prior experience of publishing numerous research papers in international journals on Environmental Laws and Corporate Laws.","postViews":5574,"readingTime":5,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/47193"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=47193"}],"version-history":[{"count":14,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/47193\/revisions"}],"predecessor-version":[{"id":67933,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/47193\/revisions\/67933"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/47194"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=47193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=47193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=47193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}