New Delhi, Feb. 20 -- India's e-recycling industry is poised for significant expansion, with projections indicating a compound annual growth rate (CAGR) of 13.52 per cent, reaching USD 198.52 million by 2032, according to India Ratings and Research (Ind-Ra).

The report highlights the growing demand for a robust reverse logistics network to streamline e-waste procurement and ensure efficient contract fulfilment.

It also emphasises the importance of technical expertise to maximize revenue from Extended Producer Responsibility (EPR) mandates, which hold manufacturers accountable for managing e-waste.

India currently ranks as the world's third-largest e-waste producer, following China and the US. While nations like Switzerland, Sweden, and...