{"id":52712,"date":"2023-02-20T18:49:46","date_gmt":"2023-02-20T13:19:46","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=52712"},"modified":"2023-02-20T18:49:49","modified_gmt":"2023-02-20T13:19:49","slug":"how-can-businesses-profit-from-e-waste-recycling","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/how-can-businesses-profit-from-e-waste-recycling\/","title":{"rendered":"How Can Businesses Profit From E-Waste Recycling"},"content":{"rendered":"\n<p>In\nIndia, E-waste is a serious emerging issue. India is the third largest E-waste\nproducer in the world, and approximately 3.23 million metric tonnes of e-waste\nare produced annually. Among this, 70% are computer equipment, followed by cellphones\nat 12%, electrical equipment at 8% and medical equipment at 7%. It&#8217;s high time\nto address India&#8217;s e-waste in a proper e-waste recycling method.<\/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\/how-can-businesses-profit-from-e-waste-recycling\/#Types_of_Electronic_Waste\" >Types of Electronic Waste<\/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\/how-can-businesses-profit-from-e-waste-recycling\/#How_Can_a_Business_Make_a_Profit_from_Its_E-Waste_Recycling\" >How Can a Business Make a Profit from Its E-Waste Recycling?<\/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\/how-can-businesses-profit-from-e-waste-recycling\/#Processes_Involved_In_E-Waste_Recycling\" >Processes Involved In E-Waste Recycling<\/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\/how-can-businesses-profit-from-e-waste-recycling\/#Environmental_Law_Applicable_For_E-Waste_Management\" >Environmental Law Applicable For E-Waste Management<\/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\/how-can-businesses-profit-from-e-waste-recycling\/#E-Waste_Recycling_Business_%E2%80%93_License_and_Permission\" >E-Waste Recycling Business &#8211; License and Permission<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/how-can-businesses-profit-from-e-waste-recycling\/#CPCB_Guidelines_for_E-Waste_Recycling\" >CPCB Guidelines for E-Waste Recycling<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/corpbiz.io\/learning\/how-can-businesses-profit-from-e-waste-recycling\/#Documents_Required_For_Registration_for_E-Waste_Recycler\" >Documents Required For Registration for E-Waste Recycler<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/corpbiz.io\/learning\/how-can-businesses-profit-from-e-waste-recycling\/#Documents_Required_For_EPR_Authorization\" >Documents Required For EPR Authorization<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/corpbiz.io\/learning\/how-can-businesses-profit-from-e-waste-recycling\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Types_of_Electronic_Waste\"><\/span>Types of Electronic Waste<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>E-waste can be\ndivided broadly into four categories<\/p>\n\n\n\n<table class=\"wp-block-table table table-bordered\"><tbody><tr><td>\n  <strong>Categories<\/strong>\n  <\/td><td>\n  <strong>Examples<\/strong>\n  <\/td><\/tr><tr><td>\n  Home Appliances\n  <\/td><td>\n  LED\/LCE\/TVRefrigeratorsMicrowave\n  ovenWashing\n  machinesHome\n  air conditionersElectric\n  stoves\n  \n  \n  \n  \n  \n  &nbsp;\n  <\/td><\/tr><tr><td>\n  Communication and Information\n  Technology Devices\n  <\/td><td>\n  Mobile\n  PhonesDesktop\n  computers and LaptopsPrinters,\n  Hard driversCircuit\n  Boards, Memory chips \n  \n  \n  \n  <\/td><\/tr><tr><td>\n  Electronic Utilities\n  <\/td><td>\n  Remote controlsSmartwatchesHeaters, hair dryers\n  \n  \n  <\/td><\/tr><tr><td>\n  Medical Equipment\n  <\/td><td>\n  Cord\n  and cablesPower\n  strips and power suppliesImaging\n  equipmentDialysis\n  machine\n  \n  \n  \n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Can_a_Business_Make_a_Profit_from_Its_E-Waste_Recycling\"><\/span>How Can a Business Make a Profit from Its E-Waste Recycling?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol><li>Any\nbusiness handling electronic equipment, such as the IT sector or ITES sector\nand OEMs of electronic and electrical equipment (EEE) producers, can manage\ntheir e-waste by re-selling the individual components of the e-waste like the\nboard, RAM, wires etc.<\/li><li>Before\ntagging the product as e-waste, extensive testing can be done so that the worth\nof reusing the product in its original form can be known, and these products\ncan be repaired and sold in the secondary market for good profits.<\/li><li>Many\nbusinesses generate electronic waste items regularly due to the high\npenetration of EEE in the day-to-day functioning of businesses today. It can\nalso profit from its e-waste by dismantling or auctioning the electronic parts\nand selling them to different industries like plastics, metals, and aluminium.\nThey can also benefit by sending their e-waste to any e-waste handling business\nunit.<\/li><li>In\nsome cases, valuable metals can be extracted from different components of the\ne-waste, which can be sold at a high cost.<\/li><li>The\nEEE producer who is obliged to ensure its EPR (Extended producer responsibility)\ncan follow some of these steps to maintain its EPR status and avoid legal\npenalisation.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Processes_Involved_In_E-Waste_Recycling\"><\/span>Processes Involved In E-Waste Recycling<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There\nare various processes involved, from the gathering of e-waste and separating it\nto preparing it for sale as a final product.<\/p>\n\n\n\n<ul><li><strong>Collection<\/strong><\/li><\/ul>\n\n\n\n<p>Collecting electronic\nwaste from recycle bins, e-waste collecting agencies, local bodies\/municipal\nbodies, organisations, and individuals is an essential step in the <strong><a class=\"text-primary\" href=\"https:\/\/corpbiz.io\/e-waste-recycling-authorization\">e-waste recycling process<\/a><\/strong>. At this step, the collected e-wasted is segregated based on\nits kind because so much different e-waste would be mixed up, and if not\nappropriately handled, significant damages may be caused to the environment.<\/p>\n\n\n\n<ul><li><strong>Storage<\/strong><\/li><\/ul>\n\n\n\n<p>Storing may not be a\npriority process, but it benefits the shelf life of the collected e-waste.<\/p>\n\n\n\n<ul><li><strong>Sorting,\nDismantling and Shredding<\/strong><\/li><\/ul>\n\n\n\n<p>After the collection\nprocess, the collected e-waste is sorted based on general categories such as\ntelevision, computers, phones, printers and others. Once the equipment is sorted, it is broken down into parts.\nComponents such as computer monitors, keyboards, and power supplies are sold\nindividually to buyers who want to reuse them. The remaining components of the\nelectronic equipment are either recycled or destroyed. Most\nelectronics are made of various materials, so breaking them down into small pieces\nallows them to be mechanically separated.<\/p>\n\n\n\n<ul><li><strong>Separation by mechanical means<\/strong><br>Among mechanical separation, magnetic separation, and water separation are the main methods.<ul><li><strong>Magnetic separation<\/strong><br>The crushed e-waste is fed through a massive magnet, which can separate ferrous metal from steel and iron from the rest of the garbage. Subsequently, these materials are sent to melting plants for recycling, and other metals like polymers and meta-embedded boards are separated.<\/li><li><strong>Separation by water<\/strong><br>The water separation method is used to separate the components like plastic and glass. <\/li><\/ul><\/li><\/ul>\n\n\n\n<ul><li><strong>Recovery of the final product<\/strong><\/li><\/ul>\n\n\n\n<p>Now that the materials\nare sorted and can be reused or sold, the materials such as plastic and glass\ncan be transferred to different recycling processes.<\/p>\n\n\n\n<ul><li><strong>Safety measures during E-waste\nrecycling<\/strong><\/li><\/ul>\n\n\n\n<p>Toxic heavy metals will be found\nin heavy quantities in collected e-waste, such as lead and mercury. So proper safety\nmeasures are required to protect the well-being of the employees.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Environmental_Law_Applicable_For_E-Waste_Management\"><\/span>Environmental Law Applicable For E-Waste Management<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Before\nestablishing the e-waste recycling plant, the owner of the recycling plant has\nto take permission from the concerned department. After scrutinising all the\nrequired documents, the concerned department will decide whether the project gets\naccepted or rejected.<\/p>\n\n\n\n<p>The\nE-waste Management Rules (Amendment) 2022 shall apply to every producer, manufacturer refurbisher,\ndismantler and recycler involved in the manufacture, sale, transfer, purchase,\nrefurbishing, dismantling, recycling and processing of e-waste listed in\nSchedule I, including their components, consumables, parts and spares which\nmake the product operational.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"E-Waste_Recycling_Business_%E2%80%93_License_and_Permission\"><\/span>E-Waste Recycling Business &#8211; License and Permission<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A wide range of government permissions and\nlicenses is required to start an e-waste recycling business. However, the basic\nspecifications that are needed to start the business are:<strong><\/strong><\/p>\n\n\n\n<ol><li>Registration at UDYOG Aadhar to begin\nan e-waste recycling business.<\/li><li>Registration on the centralised <strong>CPCB Portal<\/strong><sup><a class=\"text-primary\" href=\"https:\/\/cpcb.nic.in\/\"><strong>[1]<\/strong><\/a><\/sup>\nfor <\/li><li>Consent certificate from SPCB\/PCC<\/li><li>ISO certificate<\/li><li>GST registration<\/li><li>Authorisation under E-Waste management\nrules 2016<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"CPCB_Guidelines_for_E-Waste_Recycling\"><\/span>CPCB Guidelines for E-Waste Recycling<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As per CPCB, a recycler is one who is engaged in recycling and\nreprocessing waste electrical and electronic equipment or their components.<\/p>\n\n\n\n<ul><li>Recyclers may set up their collection\ncentres, and those details should be entered in their authorisation document. Recyclers\ncan obtain raw materials such as waste electrical and electronic components or\nused components from producers, e-waste exchange, dismantlers, and\nconsumers\/bulk consumers. <\/li><li>&nbsp;The recyclers&#8217; product must be sent or sold to\nusers or other recyclers with valid CTO from SPCBs\/PCCs. <\/li><li>&nbsp;In the producer&#8217;s channelisation system, a\nrecycler should be a part.<\/li><li>&nbsp;A recycler has to get consent to establish (CTE)\nfrom SPCBs\/PCCs.<\/li><li>&nbsp;A recycler has to get consent to operate (CTO)\nfrom SPCBs\/PCCs.<\/li><li>&nbsp;A recycler has to get authorisation from\nSPCBs\/PCCs under the E-Waste (Management) Rules, 2016. <\/li><li>A recycler should have appropriate\nweighing equipment for each delivery received and maintain a record in this\nregard. <\/li><li>&nbsp;The unloading of recycled products should be\ncarried out with a concern that there should not be any damage to health, the\nenvironment or the product itself. <\/li><\/ul>\n\n\n\n<p>A recycler should have facilities for destructing or permanently deleting\ndata that is stored in the memory of the products that are going to be\nrecycled, such as Hard disks, Mobile phones either through shredding or\ngrinding or through a data eraser.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_Required_For_Registration_for_E-Waste_Recycler\"><\/span>Documents Required For Registration for E-Waste Recycler<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol><li>Copy of valid Consent to Operate.<\/li><li>Copy of registered certificate issued\nby the District Industries Centre or MSME<\/li><li>Manufacturing process flowchart &amp;\ndescription.<\/li><li>Details of Pollution Control devices.<\/li><li>Photograph of the unit\/production site.<\/li><li>Details of worker\/ staff\/ management,\ni.e. Number, Age, Educational Qualification.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_Required_For_EPR_Authorization\"><\/span>Documents Required For EPR Authorization<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Every producer of EEE\nlisted in schedule 1 seeking EPR authorisation should fill out form 1. The\nfollowing are the documents required to fill out form 1<\/p>\n\n\n\n<ol><li>Details of the suggested awareness\nprogrammes and allied initiatives.<\/li><li>Estimated\nbudget earmarked for EPR<\/li><li>Copies\nof agreement documents with dealers, collection centres, dismantlers,\nrecyclers, treatment etc.<\/li><li>Self-declaration\nfor compliance with RoHS.<\/li><li>The\ntechnical documents (supplier declaration- description of the product, document\nfor materials, parts, and sub-assemblies and analytical test result) .<\/li><li>Copy\nof the permission\/licence from the relevant ministry or department for\nmarketing<\/li><li>various\nproducts or for doing business as given below:<ol><li>TIN details<\/li><\/ol><ol><li>PAN details<\/li><\/ol><ol><li>Incorporation certificate<\/li><\/ol><ol><li>Copy IEC in case of an importer<\/li><\/ol><\/li><li>Copy\nof authorisation issued by the SPCBs earlier under E-Waste Management Rules\n2016.<\/li><\/ol>\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>Handling e-waste is crucial in terms of both environmental factors and security points. EPR, which is the responsibility of every producer of EEE (to channelise the e-waste to authorised dismantlers or recyclers to ensure proper management of E-waste), becomes crucial when recycling e-waste as recyclers are the entities that help producers in fulfilling their EPR targets. This has resulted in a considerable scope for such businesses. India&#8217;s e-waste management businesses have risen nearly 40% compared to previous years. The pandemic-induced use of electronic devices such as laptops increased the burden of e-waste management. Entrepreneurs looking for profitable investment can use this as an opportunity to invest in this lucrative e-waste recycling business.<\/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\/e-waste-recycling-business\/\">An Overview Of The E-Waste Recycling Business<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In India, E-waste is a serious emerging issue. India is the third largest E-waste producer in the world, and approximately 3.23 million metric tonnes of e-waste are produced annually. Among this, 70% are computer equipment, followed by cellphones at 12%, electrical equipment at 8% and medical equipment at 7%. It&#8217;s high time to address India&#8217;s [&hellip;]<\/p>\n","protected":false},"author":58,"featured_media":52713,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[888],"tags":[2116],"acf":{"service_id":"492"},"authorName":"Hemalatha","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2023\/02\/MicrosoftTeams-image-103.jpg","authorDescription":"I have completed L.L.B from Venkateswara University and also completed M.C.A from Anna University. I have 5+ years experience in both technical and legal side. I also have a experience in working as a Attorney in District court and handled civil and criminal cases. My area of interest are environmental law, companies Act 2013 and civil law.","postViews":10452,"readingTime":5,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/52712"}],"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\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=52712"}],"version-history":[{"count":2,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/52712\/revisions"}],"predecessor-version":[{"id":52715,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/52712\/revisions\/52715"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/52713"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=52712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=52712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=52712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}