Friday, June 17, 2016

Waste Management Start-Ups To 'Fuel' The Next Growth Wave

With 60 per cent India's population living without improved sanitation, pursuing "Green" has become
the new driver for companies on the quest towards growth, competitiveness and global excellence.

The call for 'Responsible Growth' encompassing social benefits, economic benefits and environmental concerns has one more additional dimension attached to it - Enhancing Livelihoods.

Against this background, experts at an event organised by the CII -Sohrabji Godrej Green Business Centre in Hyderabad called for 'innovation' to convert 'waste' into 'fuel,' and opined that Start-Ups who are into developing 'zero-waste' solutions must be encouraged by private investors and the Government.

Depending on the kind of waste produced — wet or dry — different kinds of resources are produced once the waste is processed and turned into organic compost, biogas and alternate cheap fuel sources such as oil from plastic.

With the domestic Waste Management Industry expected to grow to over $1 bn by 2020, the time is ripe to create an enduring society where businesses and the Government can devise systems where each and every act is inherently sustainable and restorative.

Share your views as to how you or your company is defining the path forward to ecologically sustainable business growth.

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