E-Waste Exchange helps you get paid - Fusion - WeRIndia

Electronics and technology are becoming a bigger part of people’s lives every day. As electronics become more commonplace, so do people’s cluttered piles of dysfunctional, dead, or broken electronics. These defunct appliances and gadgets are known as electronic waste, or e-waste. India generates 2 million tons of e-waste per year.

According to a report from ASSOCHAM-NEC, it is among the top five e-waste-generating countries in the world. In 2016, the global volume of generated e-waste was reported to be 44.7 million tons.

The global e-waste volume is expected to grow at 20% CAGR (Compound Annual Growth Rate) to reach 52.2 million tons by 2021. This would be about 6.8 kilograms per inhabitant.

The electronics market has been growing rapidly, but the products of this market are very toxic. Inefficient recycling of these products can lead to the pollution of water, soil, and air.

However, efficient recycling of electronic products can be very beneficial, both environmentally and monetarily. S. Devi, V. Shivaani, Sandeep, and Dr. Shalini Sharma decided to harness these benefits by founding E-waste Exchange.

E-waste Exchange is a Hyderabad-based startup that collects e-waste from individuals, schools, colleges, corporations, governments, and producers of electronic and electrical equipment. They hand this e-waste over to recyclers who are authorized and effective, instead of scrap dealers who would be more likely to recycle this waste inefficiently.

Users can go to E-Waste Exchange’s website and register the electronics that need to be given away. A person from E-Waste exchange will arrive on the scheduled pickup date, pay the user for the waste, and then transfer it to government-authorized and technically-sound dismantlers and recyclers.

E-Waste Exchange is extremely helpful in today’s electronics-filled society.

A huge portion of the world uses electronic and electrical gadgets in daily life. Therefore, it is a very important task to efficiently recycle as much e-waste as possible.

E-Waste Exchange is not focused on making profits with their startup, but instead on saving the environment by reducing the generation of e-waste.

Image Reference: Thenewsminute