Some numbers to indicate how big the opportunity is and why it is a lucrative market
- $3.5 million worth of electronic equipment was destroyed in India last year
- 30% of the electronic equipment becomes obsolete every year
- Bangalore alone generated 8000 tons of e-waste last year
- Many small recycling units and e-waste collectors in India being a disorganized and scattered
- e-waste handled by humans with an imminent danger of being exposed to hazardous materials
Few resources you may look at for further reading if you are interested:
http://www.e-waste.in/
http://economictimes.indiatimes.com/LiveITUP/_Recycling_of_ewaste_is_next_big_biz_opportunity/articleshow/2872389.cms
http://cnreviews.com/blog_business/business_opportunity_ewaste_recycling_20080504.html