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Technical Investment Methods - Analyzing market trends with technical methods.
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Posted by ronald.chis@googlemail.com on June 15, 2008, 7:27 am
Managing e-waste
In a narrow alley in Shastri Park where computers are delivered to be
dismantled and processed, children play near piles of scrap metal and
machine parts. Nearby, men sort through parts of printers and
keyboards and tangles of wire, their hands stained with ink from the
printer toners littering the entrance to their homes.
This scene is common among the small-scale =93backyard=94 operations
characteristic of the e-waste industry=92s unorganised sector. And this
informal sector which practices methods such as acid-washing and
burning =96 is responsible for processing the majority of India=92s e-
waste.
But it doesn=92t have to be this way. At the Eco-Recycling Ltd. facility
in Mumbai, computers are put on a conveyer belt after minimal manual
dismantling, shredded by machines and sent through various separators.
A small beginning seems to have been made here. Formal recyclers
account for only five per cent of the business, according to a study
conducted last year.
In an enterprise that can only grow with the rapidly increasing
production of computers, mobile phones and other electronic gadgets,
it=92s hoped the formal sector would take over the entire trade. Some
day.
But that may not quite mean the death of the informal sector, which
has a sizeable expertise on the matter. Experts say if the informal
sector workers with their knack for locating and buying obsolete
electronic materials combine with the formal sector with its safe
practices and environmentally sound methodologies, it represents an
industry with limitless potential.
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=93Why can=92t they be linked?=94 asked Amit Jain, the managing director of
IRG Systems South Asia Ltd. who has been tracking the e-waste industry
since 2003. =93Informal sector workers will be an asset.=94
KSM Rao, a director at Ramky Enviro Engineers Ltd, agrees. =93The
strength in the informal sector is in buying waste,=94 he said. But when
it comes to retrieving the metals, there is a more effective and safer
way. =93The informal sector uses rudimentary methods,=94 he said, and
added, =93Workers in the informal sector aren=92t capable to take out
everything that=92s valuable.=94
At a time when the commodity prices for valuable metals recovered from
computers and electronic equipment have risen sharply and the e-waste
being generated is growing by the day, it is not difficult to see the
ingredients for a successful electronic waste industry are there in
India. Corporations are taking note.
Ramky, which is currently partnering with Singapore=92s Cimelia Resource
Recovery to build an e-waste processing facility in Bangalore, is one
of the companies entering into the formal sector. =93There is a set of
clients that will give their
equipment only to companies they know are conscious of the
environment,=94 said Rao. =93We come into that niche.=94
Eco Recycling Limited, which began in 2005 with a focus on the reuse
and refurbishment of electronic equipment, expanded the scope of its
business just this year to include e-waste recycling. It=92s a quantity-
driven industry, says Chairman B.K. Soni, and as long as there is
volume, there will be profit. Soni is in it for the long run. =93Our
company is here to stay,=94 he said.
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Then again, such companies are capital-intensive, said Rao. Being
compliant with environmentally safe standards while employing educated
employees and experts is costly. But with the right business models
and marketing strategies, Rao believes it can be a profitable
endeavour. After all, he said, no business is done for charity.
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