India, May 19 -- India in 2022 introduced a new e-waste regulation, replacing the E-Waste (Management and Handling) Rules in 2011, introducing a trading mechanism where the producer could buy certificates from a recycler to meet its annual e-waste management targets under the regulation.

In 2022, India generated 1.6 million metric tonnes of e-waste, which corresponds to an increase of approximately 126% compared to the year 2018. Projections estimate that this figure could soar to around 14 million tonnes by 2030.

While recycling rates have increased from 22% in 2019-20 to 43% in 2023-24, a significant portion goes unprocessed. Only about one-third of e-waste is formally collected and processed and rest is managed by the informal sector...