India based e-waste recycling startup successfully extracts aluminium and copper from scrap

<p>An e-waste recycling startup in Faridabad, India by &ldquo;a recycler with professional degrees and an organized setup&rdquo; is changing the way people in India look at scrap recycling.</p> <p>The Namo E-waste Management was started in 2014 by 28 year old Akshay Jain , who did his MBA from Greenwich University in the UK, where he learnt how organized waste management worked.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Namo%20waste.jpg" alt="News" width="517" height="226" /></p> <p>&ldquo;Waste was properly segregated, identified and disposed of according to specified norms across the UK. I was inspired by the robust recycling mechanism in place and wanted to do something similar in India,&rdquo; he says.&nbsp;<br /> <br /> &ldquo;I focused on e-waste because of a near total lack of awareness about it and also because it is the fastest growing solid waste stream here,&rdquo; he says.</p> <p>The company took one year to get the logistics in place and it stated operations in August 2015.&nbsp;<br /> within two years of operations, NCR-based Namo E-waste has expanded its operations in 12 states and Union Territories through its e-waste collection centres and channel partners.</p> <p>&ldquo;We have been able to reach 70% of the e-waste generated in the country,&rdquo; adds Jain.</p> <p>{googleAdsense}</p> <p>The company has entered into contracts with large corporates to collect their e-waste.&nbsp; Some of their clients include Flipkart, Havells, Voltas, TataSky, Godrej and Telenor. The company also collects e-waste from housing societies, resident welfare associations and individuals in a parallel B2C set up which they plan to expand further.</p> <p>The company first segregate the collected e-waste and put the usable devices for refurbishing. These are then sold through online marketplaces and a dealers&rsquo; network. The unusable waste is then scrapped and remelted to extract valuable metals like aluminium, copper, iron, etc., which are then supplied to local foundries.&nbsp;<br /> </p>