Industrial revolution in electronics manufacturing is not too far in India, as we account for more than 3% of the global production. Rapid growth in Electronics consumption due to evolving technology, increasing population, higher per capita income, and urbanization will reduce the usable life of electronics leading to more and more electronics turning into e-waste. India is the 3rd Largest generator of eWaste in the world, followed by US and China. More than 62 million MT of electronics was disposed of in 2022, worth $92 Billion metals. India recorded 1.6 million MT in 2022 of e-waste, which may be much higher than recorded due to the dominance of the informal sector in e-waste collection and recycling. The formal recycling rate is much lower than projected for e-waste collected and recycled.
Kar Parivartan was formed in 2020 influenced by this gap in the circular economy of eWaste in India, leading to an opportunity to bridge the gap and enable the circularity of waste to value in eWaste.
The vision behind Kar Parivartan is to shift from a linear economy to a circular economy by enabling the ecosystem of Waste Collectors, Recyclers, and manufacturers.
Like e-waste, other waste categories are challenging in the current ecosystem to deliver circularity impacting our Economy, Environment, Social well-being, and Governance framework. Expanding to our capabilities and likewise opportunities, we are forging into Battery, Plastic, Tyre, and Hazardous waste to build the ecosystem connecting recyclers with producers or bulk waste generators outlining our capabilities of supply chain management and reverse logistics. By expanding our scope, we aim to further reduce the waste reaching the landfills and do our part in the movement toward sustainability.
Reverse logistics refers to the supply chain process of returning electronic products from end consumers back through the supply chain by sourcing them from consumers, retailers or manufacturers. In the context of EPR, Reverse Logistics deals with the management of products that have come to their end-of-life for recycling, and refurbishing.
Reverse Logistics a key service offered by PROs to facilitate the movement of waste from the source to recycling centers. Kar Parivartan brings to you a network of logistic partners with customized solutions based on type, category and volume of waste, including the collection, transportation and management of enroute compliances, effectively removing your burden of creating and coordinating a Reverse Logistics network while lowering costs.
Kar Parivartan aims to engage in the best recycling solutions to promote Sustainability and a Circular economy. To achieve our vision, our teams extensively audit the recycling centers for their quality and compliance with the best sustainability practices. We hold our network of recyclers to a high standard to create an environment of trust and ethical work practices.
Over 3 years, Kar Parivartan has recycled 29,700 Metric tonnes of waste. For every ton of waste recycled, approximately 1.44 tonnes of CO2 emissions are avoided. For 29,700 metric tonnes of e-waste recycled, Kar Parivartan has avoided the emission of 42,768 metric tonnes of CO2, creating a positive impact on the ecosystem.
