The company makes annual recycling of 20,000 metric tons
The world is producing 20-50 million tons of E-waste per annum
Presently 80 % E-waste remains unattended inside the soil
The E-waste is rising at rate of 40% every year in the world.
The Asia-Pacific region alone is producing 50 % E-waste. Of which, only 10 percent gets recycled.
Ahmedabad: October 2020: ‘The RPlanet Integrated Solution’, Gujarat’s biggest and the most single company dedicated to recycling of metals E-waste to produce products using unique mechanism, is one of the leaders in the waste management in India. The city based company is the biggest electronics waste recycling company, which is recovering metals such as copper, aluminum, silver and gold and others from the discarded electronics products. The company is making recycling of 20,000 metric tons of E-waste per annum. The recycling process is being doneat the company’s centres located in Dehgam, Himmatnagar, Rajkot, Vadodara and Vapi cities of Gujarat. The company annual turnover has crossed the mark of Rs. 50-Crore. Taking into consideration the current rising ratio of the E-waste in India, it is estimated to cross the mark of 1.72 million tons by the end of year. India is producing the E-waste at the average rate of 0.8 million tons per annum.
In the coming years it is likely to increase the E-waste at the rate of 20 per cent. Only 4.5 per cent E-waste is being recycled in India. So far, the standard mechanism has not been set up for E-waste in India. Not only this, every year 50,000 tons of E-waste is being imported into India. The significant point is that the mobile phones alone are likely to increase E-waste in India by 18 times by the end of year 2020.
The founder of ‘The RPlanet Integrated Solutions Company’, Mr. ManojSahu said that with rising awareness among the corporate and customers the trend of dumping the E-waste is tilting towards its recycling. A systematic mechanism should be setup for the collection of E-wastes. For this purpose, the RPlanet possesses a robust channel to collect E-wastes from ranging a single customer to retailers to dealers to scrap merchantsspread across PAN India. This channel could be utilized for thecollections and disposals of the E-waste with proper scientific methods.
At present the RPlanet’s capacity to handle the E-waste is 11,500 metric tons per annum and with third – party support its present capacity is 12,500 metric tons per annum. Now, the company is marching ahead to increase its capacity to 30,000 metric tons. The company is targeting to take its annual turnover above Rs. 108-crore by end of year 2020-21. At present India’s electronic consumption is worth of Rs. 500-crore. According to a study conducted by the R Plant for the prevention of E-waste indicates that India’s average E-waste per head is 5.5 kg.
According to a web based application of the company, India’s present market size is worth of Rs. 3,200-crore. This is one of its kind online markets from the company. It has CAGR growth rate is 32 per cent. This market place is working on the base of B2B, B2C, C2C and C2B. The customer sales channel is being connected by the director; similar to the corporate giants such as Panasonic, Godrej, Whirlpool, Samsung, Epson, Hitachi, LG, Essar, and others.