The waste management market in India is steadily growing due to the rising population’s urbanization, people’s awareness of environmental issues, and governmental initiatives in this direction. The need for the sector’s growth is evident in the increasing population of India and the increasing urban centers that are producing more waste. Due to the government’s focus on programmes such as Swachh Bharat Mission and Solid Waste Management Rules, the requirement of sophisticated waste management is on the rise. One of the most important roles in the modern waste management is of the startups. They are not only trying to solve the urgent problems of waste collection, segregation, and recycling but also implementing new technologies and new forms of a business model. Technology is being adopted in various ways by many startups to better handle their waste tracking and disposal, through data analysis, artificial intelligence, and IoT technologies.
One of the trends is the increased establishment of startups that deal with waste to energy conversion. These companies are taking advantage of waste materials through recycling to produce bioenergy, hence solving two problems at once. Some are focusing on developing cycles where waste products are reused to form new products to cut on virgin resources and the use of dumpsites. Besides, the advancement in technology, the startups are also playing a role in addressing community awareness. They are educating people, providing waste sorting services, and collaborating with municipalities to optimize waste management.
In the current issue, we introduce you to the top startups in this segment. In this issue, Industry Outlook has identified the select few companies that have done particularly well in this sector with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner.
We welcome your feedbacks and suggestion that you may have concerning this special issue.
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