Any individual can earn handsome money from the recycling business. The magnitude of garbage that we produce is increasing day-by-day at a disturbing rate. While most people are aware of the effects of not recycling used materials, much more are not even aware that recycling can be a lucrative business.
You must know the process of recycling of the specific product that you want to recycle. This is also an eco-friendly operation. Most of the recycling businesses come under the small-scale manufacturing sector.
To start any recycling business, it requires a good knowledge of where to sell the recycled products and most importantly, where you obtain the goods for recycling. Select a location for your business. According to your budget find a retail place. Procure machinery, equipment, and tools for the operation.
15 Recycling Business Ideas in India
Find below 15 most profitable recycling business ideas and opportunities in India for your ready reference
#1. Aluminum Recycling
Aluminum is the second most recycled metal globally. Aluminum cans, industrial scrap, and household aluminum items are a good proposition for this business.
#2. Battery Recycling
Batteries can be broken down into 7 basic categories. These are lead-acid, carbon-zinc, alkaline, NIMH, NICAD, lithium-ion, and zinc-air. These all have a good market to sell individually.
#3. Bookbinding & Repair
Old and broken bookbinding is a good business to start from home. You can also sell them through a vending machine.
#4. Cartridge Refilling
Cartridge refilling business is about providing ink and toner cartridge refilling service to your client instead of buying a new one. It is also beneficial for the environment as it reduces e-waste in landfills.
#5. Construction Waste
Wood, nails & screws, plaster, drywall, concrete, rock, ceramic tile, vinyl flooring, particleboard, electrical wire, vinyl siding, steel, aluminum, brass, copper pipe, steel pipe, foam insulation, fiberglass insulation, stainless steel, resaleable items, etc. are considered as construction waste materials. These items are recyclable in some form or the other.
#6. Cooking Oil
Most of the hotels and restaurant want this service. You can collect used oils from them. Remove the impurities for the oil and sell it again.
#7. Electric Wire
Electrical wire is basically a conductive metal wrapped in plastic insulation. The most common metal used in the electrical wire is copper and aluminum. So from electric wire, you will get three items, such as copper, aluminum and plastic or polymer.
#8. e-Waste Recycling
Waste is a global environmental issue in recent phenomena. By starting an e-waste recycling business one can make money out of helping the environment toxic free. The objective to start an e-waste recycling company is to create an opportunity to transfer e-waste into socially and industrially beneficial raw materials like valuable metals, plastics, glass, etc. by using simple cost-effective technology.
Recyclable gold can be found from old PCs and other electronics items. You can also collect gold from other companies that are not in this business.
This is a very good eco-friendly business idea too. Through this business, you are actually making reusable paper without cutting another tree. Paper comes up with different variations and grades. Some of the popular grades are corrugated, glossy, newsprint, white, office scraps, etc. You can also collect paper by providing an on-site paper shredding service to corporate clients.
Most of the plastic container is made of a different variety of grades. Such as LDPE, HDPE, PP, etc. You must consider the separation first. Choosing the right equipment plays a very important role in this business.
Other than end consumers, you can collect tyre from the tyre retailers also. Car and light truck tires are made from rubber compounds, steel wire, and synthetic and natural fibers. All of these materials are recyclable.
#13. Used Kid’s Clothing
Kids grow very fast. As a result, their clothes become unusable very fast. You can start buying those clothes from their parents. And after proper hygienic cleaning, you can sell those clothes. You can sell these clothes from online marketplaces also. You can also accept used toys and books to add additional products to your offerings.
Vermicompost organic fertilizer production has now become a major component of agri-business models across the country with a very low initial investment.
#15. Wood Recycling
Recyclable wood can come from numerous sources like construction waste, industrial waste, pallets, junk furniture, tree trimming, etc. You can start recycling business with hardwood, softwood, pellets, and much.