Electronic E-Waste Recycling Project Report

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Description

You can immediate download the Electronic E-Waste Recycling Manufacturing Business sample project report format template, in MS excel or word / pdf format.

These reports will help you prepare a project report as per your objectives. This report will also be helpful in studying the project and gathering information about the project.

Given the importance of promoting electronic technology and the elites that link distant parts of the world, it is necessary to avoid the harmful effects of improper handling of obsolete electronic products. Most electronic items contain hazardous materials, and the random disposal of these items poses a high risk to human health and the environment. Obviously, E-Waste is growing faster than other waste streams and that its environmentally friendly disposal requires special attention.

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Introduction

Electronic waste or electronic scrap arises from old, discarded, or obsolete electronic products. Electronic scrap is inherently highly toxic as it contains dangerous metals such as lead, mercury, cadmium, etc. Most electronic products are not recycled in India and other developing countries, posing a severe risk to the environment and health.

E-Waste broadly describes discarded, leftover, broken, obsolete, loosely discarded electrical and electronic equipment. E-Waste is an zone of immediate and long-term concern. Its unregulated accumulation and recycling can lead to significant environmental degradation that is a significant threat to human health. The information technology revolution, new and innovative technologies, and the globalization of the economy have made new electronic products available and affordable.

Rapid technological growth, updating of technical innovations, and a high rate of obsolescence have resulted in one of the fastest-growing waste streams of electrical and electronic equipment. E-Waste covers various electronic and electrical equipment such as computers and printers, cell phones, iPods, refrigerators, washing machines, etc.

Management practices should consider the likelihood that electronic waste may contain heavy metals. Remove all company data, labels, logos, tags, or other references from devices before disposal or recycling.

E-Waste recycling is an upcoming trend growing enormously as the protection of human health, and the environment is urgently needed. Electronic waste has a very high impact on the environment; Pollution from the rise of E-Waste has led to the recycling of E-Waste on a larger scale.

Market potential

The E-Waste market in India will grow in 2014-2019 with a CAGR of 26.22%. Forecast of the E-Waste market in India and its growth prospects in the coming years.

IT & Telecom, Major Appliances, and Consumer Electronics are the main segments that hold the entire E-Waste market.

The average growth rate of E-Waste generation from 2016 to 2018 is 17.6%, which means 93.5 million tons in 2016 to 130 million tons in 2018. The E-Waste disposal market can produce materials such as metals, including ferrous and non-ferrous metals, plastic, glass, and others, including wood and ceramics.

E- Waste’s business is very profitable both economically and ecologically. There are some established success stories around the world, as well as some in India. However, the disorganized sector has perceived to have a cost advantage.

Economic benefits of Electronic waste recycling

  • Natural resources conservation: We can recover many valuable things by recycling materials from old electronics that can be useful in making new products. In this way, we save energy, reduce environmental pollution, reduce greenhouse gas emissions, and conserve natural resources by removing fewer raw materials from the earth.
  • Saves the Environment – Waste recycling ensures proper handling and disposal of toxic chemicals such as mercury, lead, and cadmium contained in the waste stream. Customers get lower costs when they agree to participate in buyback programs, and manufacturers save on raw material prices. It’s a win-win situation!
  • E-waste recycling also eliminates landfill maintenance costs and e-waste transportation costs. E-waste recycling saves landfill space and prevents environmental contamination from toxins. Products made from recycled materials use less water, cause less pollution, and consume less energy.
  • Creates jobs: By E-Waste recycling, we can generate many job opportunities for professional recyclers and create another market for recycled materials. Also job for the persons in the country who indeed need jobs.
  • Saves landfills: E-Waste -Recycling saves unnecessary landfills and landfills.
  • Copper: Copper is very durable, long-lasting, and can use in all areas of life. Due to its excellent conductivity properties, copper is widely used in all electronics. An average of 20% of copper can be found in the ECB’s (Electronic Circuit Boards).

E-Waste Categories and classification

The Government of India classifies electronic waste into the broad class of hazardous waste. Within electronic waste, there are several categories such as large and small household appliances, electric and electronic toys and sports equipment, tools, computers, and related equipment, etc.

Composition of E-Waste

Some metals are very harmful to the environment and humans if not properly recycled or disposed of. These metals like copper, aluminium, gold, silver, palladium, platinum, nickel, tin, lead, iron, sulphur, phosphorus, arsenic, etc., can pose serious harm to the environment and human health. Test for metals according to the European Directive 86/278/EEC, after this referred to as the “EU Sewage Sludge Directive,” including:

  • Cadmium 40 mg/kg of dry material
  • Copper 1750 mg/kg of dry material
  • Nickel 400 mg/kg of dry material
  • Lead 1200 mg/kg of dry material
  • Zinc 4000 mg/kg of dry material
  • Mercury 25 mg/kg of dry material

During the period, ensure that the characterization and metals testing samples are homogeneous and typical of the waste stream.

E-waste Recycling Business Licenses & Permissions in India

Starting an e-waste recycling and processing business necessitates a variety of government permissions and licenses. Although, the particular requirements may vary from state to state. Here we have compiled some of the necessities.

  • To begin, fill out an application for Udyam MSME registration. The easily online form can fill.
  • Then, go to the state Pollution Control Board and get a “consent to establish” permit. You must provide numerous documents to apply. Site plan/index, topographical map, detailed plant layout with DG set capacity in KVA, Process Flowsheet, details of water pollution/air pollution control systems, Udyam Certificate or NOC from Directorate of Industries are among the items on the list. Consent fees in the form of a DD payable to the state PCB, a NOC from the local body, and an undertaking on 20 Rs stamp paper or a CA certificate about projected investments.
  • You will require approval from the environment ministry to import e-scrap if you want to import it. CBEC (Central Board of Excise and Customs) can also provide you with a complete procedure.

Business Model

It is critical to have an effective business model when beginning a new business. And the suitable business model is the make-or-break factor in this venture. In terms of operation, you may divide the total action into many steps. These include gathering devices, processing scrap, and receiving payment in exchange for the components.

It is critical to define the operative zones of your e-waste recycling business based on your investment capacity. If you don’t want to acquire devices from the general public, you’ll have to rely on scrap collectors (Kawariwala). On the other hand, collecting scrap from users offers a higher profit margin and increased brand exposure.

Investment

Large capital investment is required to start an e-waste recycling business. First and foremost, you must invest in obtaining the required permissions and licenses. You’ll also need a dump yard and a location to run your business.

The processing activity necessitates the use of various tools and equipment. You’ll need to hire qualified and experienced personnel. Finally, you must take care of the day-to-day operational, marketing, and other expenses.

Raw material

The following waste materials can use as input raw materials for the electronic scrap recycling process:

  • Computer: Rs. 35 – 45 per KG
  • Electronic Devices: Rs. 20 – 25 per KG
  • Stabilizer, UPS, etc.: Rs. 50 – 60 per KG
  • Others: Rs. 70 – 80 per KG
  • Average cost of materials premiums is approx. 60 – 70 per kg.

Steps involved in Starting E-waste Recycling Business

  1. Research the web marketplace after deciding to start an e-waste recycling firm. Check out the websites of well-known e-waste recycling companies to learn more about their business practices.
  2. Design a logo, a catchphrase, and a brand name. These are now all required to run a successful firm.
  3. Register your company. Possess all required licenses and permits.
  4. Make sure the area is secure. Check for commercial electricity and water supply. You must have a garbage dump. In an industrial setting, it is a good idea to safeguard the space. Even though it is not required, it removes a variety of social and political risks.
  5. Create a business model and a website for your company. If you wish to reach out to end-users, you can provide a quick quote service for the devices. You can also offer a free pickup service and an immediate cash payment option
  6. Decide on a territory. When collecting gadgets from customers, this is quite important. Because distance plays a significant role in calculating unit cost and net profit furthermore, your customers must be aware of the cities in which your service is available.
  7. Carefully craft a marketing strategy. Without a good marketing strategy, no business can succeed. It would help if you also focused on digital advertising in today’s digital age.
  8. Obtain the operation’s necessary equipment and tools.
  9. Hire people who are knowledgeable and experienced. In general, you’ll need to recruit people to help with processing, administration, pickup and delivery, and marketing.
  10. Finally, for leak-proof functioning, you must have the appropriate software. E-waste recycling is a meticulously detailed industry. As a result, you’ll need an integrated system to better monitor and control your firm.

Electronic Waste Recycling Process

  • Collection
  • Aggregation
  • Classification.

Processing of different types of classes: batteries, CRT televisions, monitors, etc. Recycling or disassembling has not allowed in this building. These types of WEEE have been passed on to other registered recyclers who have the opportunity to treat them.

  • Dismantling
  • Classification of disassembled parts.
  • The in-plant process includes size reduction, granulation, ferrous metal separation, non-ferrous mixed metal.

 Key Points Cover in Sample Project Report 

Table of Contents

Sr. No.Particulars
1Purpose Of The Document
2Introduction
3Market Potential
4Product Description
5Economic Benefits Of Electronic Waste Recycling
6E-Waste Categories And Classification
7Composition Of E-Waste
8Raw Material
9Final Output Product
10Electronic Waste Recycling Process
11Chart Of Recycling Process
12Project Components
13Land
14Description Of Plant & Machinery With Images
15Misc. Assets
16Power Requirement
17Staff & Manpower Requirement
18Cost Of Project
19Means Of Finance
20Projected Balance Sheet
21Projected Profitability Statement
22Cash Flow Statement
23Production And Yield
24Computation Of Sale
25Working Capital Assessment
26Traditional Method
272Nd Method
28Power, Salary & Wages Calculation
29Break Up Of Labour Charges
30Break Up Of Staff Charges
31Financial Ratio Analysis
32Calculation Of D.S.C.R
33Depreciation
34Repayment Schedule Of Term Loan
35License & Approvals
36Implementation Schedule
37Assumptions

Apart from this, all the information is being provided. To help in preparing project reports.

Conclusion

The e-waste recycling business’s activities include waste collection and acquisition from various organisations, functional component separation and reuse, and the extraction and rehabilitation of valuable materials, metals, and polymers. The e-waste recycling sector has a promising future. It will, however, take a lot of thorough planning and execution to make it a success. 

Q&A (Questions/Answers)

Are there any charges associated with the MSME Udyam registration of my e-waste recycling business?

No, there are no fees involved with registering for Udyam MSME. For self-attested registration of your e-waste recycling firm, go to official website of MSME registration.

Is e-waste a marketable commodity?

Global E-waste Management Market to reach $143.87 Billion by 2028, with a 14.3% CAGR: Allied Market Research is a company that specialises in market research. The worldwide e-waste management industry is growing due to a reduction in the life lifetime of electronic devices and a scarcity of precious metals sources.

What are the prospects of e-waste management in India?

In the country, e-waste is expanding at a 30 percent compound annual growth rate (CAGR). According to ASSOCHAM, one of India’s leading trade organisations, e-waste generation was 1.8 million tonnes in 2016 and is expected to reach 5.2 million tonnes per year by 2020.

Sample Project Report Format

In our project report format, we cover technology details, its diagrams, flow chart etc. as and when required or deemed fit to include. Also, prepare in-depth financial calculations which is necessary for the Investor/bank.

You will get the  report data Electronic E-Waste Recycling Manufacturing Business in PDF or MS word. Which you can use easily. You can also modify the information according to your need. You will be able to access the data easily according to the your requirement. Additionally you can easily convert the data to PDF format.

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For whom are these formats useful?
  1. CA Chartered Accountants
  2. Tax Consultants
  3. Small Business Owners
  4. Students
  5. Engineers
  6. Who want to self study 

In addition to those who want to prepare project reports themselves.

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