Innovative Entrepreneurs Redefining Waste Management in India: Turning Trash into Cash
Entrepreneurs are using tech and innovation to turn trash into cash, addressing the challenge of waste management.
- Examples include Cogo, which converts municipal solid waste into charcoal, and Without, which recycles difficult materials like metallised multi-layered plastics into products like sunglasses and jewellery.
- Indian startups are encouraged to pivot towards waste management as a lucrative business opportunity, with government support available.
- Challenges in the waste management sector include complex fundraising, cautious investors, and the need to reach necessary scale for profitability.
- The circular economy in India has the potential to generate significant revenue, with a focus on recycling and reusing materials like treated sewage and wastewater.
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