THE GREAT OPPORTUNITY LANDSCAPE
E-waste
Products that are old, end-of-life or discarded electrical and electronic equipment-demand responsible recycling
Re Commerce
Selling of previously owned/ bought items (originally through online marketplaces) to buyers who reuse, recycle or resell
Refurbished
Products sold under warranty After being thoroughly tested for quality and function-parts are Replaced or repaired (if needed)
Excess Inventory
Excess inventory means extra stock that isn’t selling as expected, causing storage issues and tying up business resources
Open Box
Open-box products are items returned by customers, often lightly used or inspected, then resold at a discount, typically functional.
Demo Units
A demo unit is a product used for display or testing purposes, often sold at a discount after limited use.
MARKET OPPORTUNITY IN INDIA
India’s potential in the circular economy is immense as it is projected to become the world’s third-largest economy by 2030
1.) 1% Market Capture: Even capturing just 1% of the global market represents a $45 billion+ opportunity.
2.) Proportional Market Share: If India’s share aligns with its 8.5% GDP contribution, the circular economy in India could grow to $380 billion+, driving massive investments and innovations.
This transformation will require collaboration among businesses, policymakers, and consumers, leveraging India's youthful demographic and technological advancements.
Resource Efficiency and Waste Reduction
Economic and Job Creation Opportunities
Climate Action and Environmental Benefits
Policy Support and Tech Innovation
