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Saturday, January 15, 2011

WASTE MANAGEMENT- A BILLION DOLLAR UNTAPPED GREEN INDUSTRY IN INDIA


Due to the lack of proper utilization of waste management in urban area of India, solid waste will be a real trouble to the municipalities in India. However, the market potential of Waste management in India only is near about $8 billion & globally it is $150 billion. Nevertheless, the organized sector of waste management in India has tapped just $500 million only.

INDIA’S POTENTIAL IN WASTE MANAGEMENT
  1. No overall, data, but one report says urban India generates 100,000 tonnes of solid waste a day.
  2. Solid waste generated could grow at 10% a year.
  3. India’s industry generates 6,232,507 tonnes of hazardous waste a year.
  4. Plastic waste accounts for 10,000 tonnes of municipal waste a day.
  5. An industry body report estimated e-waste in 2007 at 382,979 tonnes including 50,000 tonnes of imports.
This data is only for urban area in India. Rural area is yet too explored. The possibilities of waste management in India are endless.


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