Why e-waste recycling business is popular in India?
Industry news / Chat on line / Give me a price / 2022-01-22
According to data surveys, more than 1 million people in India are engaged in the e-waste recycling business, and and the number of people involved in the e-waste recycling industry is on the rise. The reason why e-waste recycling business is so popular in India is because of its low investment cost, high recycling profit, and the support of national policies.
First of all, India is a populous country with 1.3 billion population and people produce a big amount of e-waste in life. Besides that, since China banned the import of waste in January 2018, many European and American countries have exported e-waste to Southeast Asian countries, especially India, which is the largest recycling country. So there are abundant e-waste in India and investors can recycle them at low investment costs.
Picture of e-waste
Secondly, investors can recycle many valuable metals and non-metal for comprehensive utilization, such as the gold, silver, copper in the PCB e-waste. They all have good selling price in the market and people can obtain great benefits from e-waste recycling business. Here Doing company made a e-waste recycling profit analysis based on the feedback of Indian customers for your reference, from which we can see that the profit of e-waste recycling business is really considerable.
Running cost / Day | |||||
Item | Input | Quantity | Price($) | Input cost($) | Total cost($) |
1 | Waste circuit boards | 500kg/h*8h=4T | 857.14/T | 3428.57 | 3552.43 |
2 | Power consumption | 72Kw/H*8H=567KwH | 0.14/KwH | 81 | |
3 | Workers | 2 workers | 21.42/Day | 42.86 | |
Income / Day | |||||
Item | Output | Quantity | Price($) | Income($) | Total income($) |
1 | Metals | 4T*18%=0.72T | 7142.86/T | 5142.86 | 5611.43 |
2 | Resin fiber | 4T*82%=3.28T | 142.86/T | 468.57 | |
Daily profit = daily income - daily cost=5611.43-3552.43=2059($) |
In addition, on one hand, e-waste recycling business solves the problem of environmental pollution caused by e-waste to a certain extent; on the other hand, it also alleviates the problem of population employment in India. Therefore, the Indian government has also issued policies to support the development of a standardized e-waste recycling business.
In a word, the e-waste recycling business is a potential development business. The market prospect is very good. If you are interested in it, don’t hesitate, just do it.
E-waste recycling machine
Doing Company has specialized in e-waste recycling machine manufacturing and installation for 10+ years, and our machines has been exported to more than 80 countries for its high recovery rate as high as 99%, environmentally friendly and high processing efficiency features. If you have demands, welcome to contact us and we can customize you the most suitable e-waste recycling machine to help you develop e-waste recycling business smoothly!