India Now - page 25

WA S T E M A N AG E M E N T
COVE R S TORY
23
|
FEBRUARY-MARCH 2015
public players present in the market. In the lower part of value
chain like collection and transportation and sorting, the sector is
mostly dominated by unorganised players.”
Since the MSW sector in India is still not self-reliant in tech-
nical and financial expertise given the fledging nature of the
industry, many municipal bodies and state governments are
There is a need for
huge investments
for the disposal of
waste and recycling...
Swachh Bharat
Abhiyan
is trying to
address the multiple
issues...”
Ravi Agarwal
,
Director, Toxic Links
compost annually to support agriculture. It also found that
if the current 62 million tonnes annual generation of MSW
continues to be dumped without treatment, it will need
3 40,000 cubic metres of landfill space everyday (1,240 hectare
per year). Considering the projected waste generation of 165
million tonnes by 2031, the requirement of land for setting up
a landfill for 20 years (considering a
10 metre high waste pile) could be as
high as 66 thousand hectares of pre-
cious land, which our country cannot
afford to waste. The TF put thrust on
minimising the quantum of waste for
disposal by optimal utilisation of the
potential of all components of MSW
by adopting the “concept of 5-R”—
Reduce, Reuse, Recover, Recycle and
Remanufacture—and through Inte-
grated Municipal Solid Waste Man-
agement (IMSWM), derive energy
and other useful products and ensure
safe disposal of residual waste with
the ultimate objective of zero waste
going to landfills.
Opportunities in the Dump
Giving a glimpse into the latent
opportunities in the nascent indus-
try, NOVONOUS estimates that the
Indian MSW management market
will grow at a CAGR of 7.14 per cent
by 2025, while the e-waste manage-
ment market is expected to grow
at a CAGR of 10.03 per cent during
the same period. India has planned
to achieve a capacity of 2.9 million
hospital beds by 2025 which will help
the biomedical waste management
market to grow at a CAGR of 8.41 per
cent. To counter the high initial capital
investment required for every stage—
disposal mechanisms including auto tippers is forecast to
dominate the market by the end of the forecast period. With
the increasing popularity of compaction hydraulic technology
among municipal corporations in the country, compactors are
forecast to emerge as the fastest growing market segment. The
report also throws light on the regional MSW management
scenario, adding that south India will continue to hold the
largest share in the SWM vehicles market. Antony Motors,
TPS and Commercial Engineers & Body Builders Company
Ltd are some of the major players engaged in manufacturing
solid waste management vehicles in India.
In the e-waste management space, TechNavio’s research
report titled,
e-Waste Market in India 2015-2019
, forecasts that
collection of wastes from the sources or transportation or the
treatment and disposal or an integrated approach involving all
the above—in many cases, the financial support for waste treat-
ment plants is being provided by the government, especially for
the mandatory ones like the biomedical waste treatment plants.
This can be in the form of leasing of land or provision of subsidy
or infrastructural andmonetary support. “These incentives draw
investors to set up such facilities. For example, all CBWTF are
entitled to a 25 per cent subsidy on the installation cost of the
plant from the state government’s side and 25 per cent from the
central government,” says Verma. Throwing light on the market
composition in this context, he adds, “The waste management
market in India is dominated by private players with very few
tying up with private companies
to improve the management and
delivery process of the system.
The PPPs evolved from contrac-
tual basis in 1980s, when it seems
to have started, to long term part-
nerships as seen today. Therefore,
opportunities for technological
transfer and tie-ups are immense
in the sector. As the industry
picks up speed, rapid growth of
the ancillary sectors is also being
anticipated.
The India Solid Waste
Management Vehicles Market
Forecast & Opportunities, 2019
,
a report by TechSci Research,
forecasts that the market for solid
waste management vehicles in
India will grow at a CAGR of 7.6
per cent, in value terms, during
2014–19, with the majority of
demand for solid waste manage-
ment vehicles emanating from
municipalities with total solid
waste collection capacity in the
range of around 500-1,000 MT
per day. As several municipal
corporations in the country work
to install organised solid waste
management systems, the MSW
industry in India offers a huge
potential for growth in the SWM
vehicles market.
Demand for state-of-the-art
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