New report by Redseer Strategy Consultants reveals that India’s mounting electronic waste presents a significant economic opportunity,
with an estimated $6 billion potential from recoverable materials through metal extraction.
The study highlights India’s position as the world’s third-largest e-waste producer, following China and the US.
The country’s e-waste generation has seen a dramatic increase, doubling from 2 million metric tonnes (MMT) in FY14 to 3.8 MMT in FY24, driven by urbanization and rising income levels.
The consumer segment dominates this growth, accounting for 70% of total e-waste in FY24.