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Created by : Isha Verma, Sales/BD Manager, Larsen & Toubro  | 08 13 2010 08:12:49 +0000
Industry : Industrial Products/Heavy MachineryFunctional Area : Strategy Execution(Strategy & Execution)
Activity:  575 views;  last activity : 10 01 2010 13:54:28 +0000

Recycling can be an economic as well as an environmental development tool. Reuse, recycling, and waste reduction offer direct development opportunities for communities. Like local revenue, job creation, business expansion, and the local economic base.

So according to you is it a business or just a environmental concern.

 
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Yes it helps in economy development Vs No its just for environmental concern
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Top Argument
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Yes today recycling is a good business. It creates better employment opportunities. The recycling industry is also expected to see huge growth in the coming day. This also enhances the performance of local government and increasing the commitment of businesses, industries and the public to recycling. 


By Isha Verma, Sales/BD Manager, Larsen & Toubro  08 13 2010 08:12:49 +0000
 
Top Argument
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Eshar good debate....

It may be a new business for some people, for majority it is an environmental issue. The future & existence of all living forms are at stake. And if we don't realise it then ' Mother Nature ' has her own ways to each mankind for its wrong doings. So, I strongly believe that recycling is an environmental concern than a business concern....


By Rajesh Kamal, Sales/BD Manager, Larsen & Toubro  08 13 2010 08:23:07 +0000
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Yes, recycling process helps in ecenomic developement as the recycled items r also sold in the market. Recycling is not wasting or dumping. It means the item is reworked to make it environmental friendly. and of course business is part of any venture.
By Amit Kumar, MBA/PGDM student, Badruka College Post Graduate Centre, Hyderabad  | 10 01 2010 13:54:27 +0000
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Recycling of waste products obviously yeilds business with more job openings as well as reduction of environmental pollution.
By R N Bhattacharyya, Freelancer, Freelancer  | 09 15 2010 07:29:53 +0000
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Yes for sure if we are going to reproduce the things its a business.It will increase the employment and also reduces the waste material so its environmental friendly also.
By Harish Ashok Mundada, Storage Administrator, IBM India  | 09 14 2010 16:07:26 +0000
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Yes its help in economy development which gives reduction of direct devlopment oppurtunities, with low cost and more job creation its always good to be eco-friendly
By Rohit , Analyst, IBM INDIA  | 09 14 2010 13:40:43 +0000
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yes recycling will keep the green and also it will boom a big market give more money in less investment also not only a electronics recycle all other materials should be recycled then only we keep our world in green other wise with in hundred years human food steps will erased by waste materials
By paranivelan , Sr.Executive, secure network solution india pvt ltd  | 09 14 2010 13:18:56 +0000
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Recycling  of the so called waste materials is a good step for the benefit of  all the corner from environmental angle, judicial use of natural resourcess, employment to unemployed youth, economic to the industries, minimising the pollution problems etc. Research and development work is neede in this field. good subject- opinion are also useful


By Rakesh K Swarnkar, Senior Consultant(Chemical),  | 09 14 2010 10:23:26 +0000
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I agree with Binoy that there must be a business model for waste management.


By Tarun Raj, Junior Software Engineer , Discoverture Solutions  | 08 23 2010 07:26:42 +0000
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its fact that recycling is a good earning now a days.
By sandeep pathiwar, MBA/PGDM student, siva sivani institute of mangment  | 08 22 2010 16:01:51 +0000
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Yes it helps in economy growth but not fast
By Yogita Jaywant Patil, Associate consultant, Datamatics (CDIS)  | 08 22 2010 09:45:04 +0000
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For sure it is a good business opportunity and more over it will help the nation's development. It is a major problem our country is facing. we need to find a solution for this. I am also interested to develop a business model related to waste management.
By Binoy Nanambath, PGDM, Siva Sivani Institute of Management  | 08 22 2010 06:41:50 +0000
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What is disappointing is the lack of Research being done on ths and especially,lack of funding!!
By Amritash Agrawalla, Director(Personnel & Procurement), Agya Boortmalt P Ltd.  | 08 22 2010 03:46:33 +0000
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Yes, Undoubtedly. From a process perspective, there is a recovery of resources which could be reused, sold as byproducts, contributing to the revenues and adding to the efficiency. Now from a Social responsibility perspective, an efficient recycle process remains the primary criteria which rewards your organization with a good citizen badge in the local community. Environmental concern is obviously addressed in the social responsibility.
By Praveen Kumar Kambhampati, Senior Business Consultant, Netadwise Solutions  | 08 19 2010 00:40:37 +0000
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Its either. if there is a sustainable development and some money can be generated by also contributing a for cleaner environment, then why not
By Shridhar Chandru, Business Developement Manager, ERP Consulting Company  | 08 18 2010 18:49:40 +0000
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yes it helps lot in economy development

Thippeswamy


By Thippeswamy , Manager, Exprozon  | 08 18 2010 10:33:04 +0000
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A VERY USEFUL,PRODUCTIVE AND HYGIENIC IDEA.LET US ENCOURAGE.


By s.baalu , Consultant, XYZ LTD  | 08 17 2010 13:53:18 +0000
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Sure,it not only helps economy, ther is a value addition in the recycling process,and infact those who are connected to Steel/iron industry they understand this better. The whole process is a multi million MT/$ and nearly 2% to 3% of the total input in an integrated steel plant is from recycle source!
By raghavan khadri, HR Manager, ftpl p ltd  | 08 16 2010 19:44:41 +0000
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Recycling does help economy development. This is a new avenue for business, employment and waste reduction/utilisation. No doubt, it is an environmental issues. I think one needs to see the root cause of this environmental issue and make the recycling eco friendly, this itself is a bigger work for researchers and economy development. Waste generation cannot be stopped and if recycling is stopped - what will happen to effective utilisation of materials?


By ramani balakrishnan, Technical consultant, GM Pens  | 08 16 2010 05:53:30 +0000
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Recycling is helpful for all organizations too.As it helps to reduce cost and also make some good money out of industrial waste and scrap.Hence indirectly making firms more efficient and adding to economic development
By Omkar Nandi, Business Analyst Merchandise planning TARGET  | 08 16 2010 05:04:03 +0000
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Though recycleing is good both as business and in environmental prospective but at the same time it should not be used for any industrial use as a raw material/s. It can cause catostrophy I hope friends youy understand. 


By Rathin Deb, Freelance Retail Consultant  | 08 16 2010 04:57:39 +0000
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Yes recycling is the right way of saving valuable natural resources. It is a very good business and lot of money can be earned also it will generate employment.
By Shashi Kumar U, Manager accounts & commercial, Mazda Concrete Products Pvt Ltd  | 08 16 2010 04:49:58 +0000
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yes i agreed fully.as example i recyclic 1oo ton iron it means i have no need to purchase or search 100ton iron.it is cost effective,environmental and we save foreign currency too.
By parvez alam, proprietor, Advertising/PR/MR/Events  | 08 16 2010 02:27:41 +0000
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Yes definitely it is good for economy development and business purpose... There is so many advantages of recycling the material and other things.. But in India very few people aware about recycling...


By Nohar Singh Dhruv, Jr. Engg, Chhatisgarh State Electrical Board  | 08 15 2010 11:46:59 +0000
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Follow nature, that could be your business successes. The nature is re-cycling the water by herself. The air is re-cycled by nature. So why we should not re-cycle. The man is viewing all his deeds on a business angle. So let us combine the  nature to the modern business together to say natures business.   


By George Varghese, Proprietor, Jecyees  | 08 15 2010 09:27:46 +0000
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Recycling business for India is very good concept. Population of India helps us to do that business. And obviously it helps in economy development.


By Vipin Bhasin, Private Equity/Hedge Fund/VC-Manager, Indian Investment Co.  | 08 15 2010 07:33:32 +0000
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Recycling is predominantly an environmental concern. It also becomes a business focus as people/resources are employed to undertake the recycling activity.

However, in some cases, on account of key environmental concerns, even if it does not lead to business improvement, the activity needs to be undertaken as part of environmental improvements.....


By Badri N Srinivasan, Head - Quality, Valtech India Systems Pvt. Ltd.  | 08 14 2010 17:00:52 +0000
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Recycling is an option being extensively used in India, paper, metal, rags etc which can be seen all over India.  Use and throw is the concept of the European and american nations not us. 


By kanukurthy sudershanrao, Operations Manager, Andhra Bank  | 08 14 2010 16:37:17 +0000
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Of course it may be a good business and may have other advantages. But I would not recommend the recycled material to be used in electrical power transmission equipment. 

For example, in case it is used in electrical cables with copper/alumiium conductors PVC insulated [ scrap material of conductors and PVC are recycled and used ] it will lead to loose the good electrical parameters in conductors and loss in dielectric strength of PVC. As a result there will not be proper flow of current and improper conductivity in conductors, which will create more resistance and heat and in turn lead to burning of cables and other electrical equipments connected.  

Thanks for the referral Ms. Isha Verma.



By NATTERAJA R. ARIKRISHNAN, AREA SALES MANGER, UNIFLEX CABLES LTD  | 08 14 2010 16:28:30 +0000
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Definitely yes,,

no doubt, let it be in any field, consider waste water management, just for information i'll tell you that if an average manufacturing plant starts recycling and reusing its waste water for sanitary or gardening or for  manufacturing again then their fresh water consumption can come down to 70%, converting it into cost saved annually will be huge amount,,

and many countries recycling business is now somewhere in the mainstream businesses..

I truly support recycling

very good debate (Meaningful)


By Santosh A. Jadhav, Executive - Business Development, Titan Aeration  | 08 13 2010 10:52:33 +0000
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This business is still in nascant stage. Enterprenurs should understand the merits of this biz.
By Biswajit Sarma, Project Manager - Construction of Raddison 5 Star Hotel, DS Group  | 08 13 2010 10:32:27 +0000
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There is fantastic scope for recycling in India. Some really good business plans ith above average returns on investment are definitely possible. The sad part of it is that there is no recycling infrastructure iin this country. Even today when the awareness is high, how many house holds segregate their garbage? That is the first step. Industrial recycling is happening in flashes here and there. But when it comes to doing it in an organized manner we are definitly way....way....behind.


By RAMESH KANDADAI, Principal Consultant, ARM Consultants  | 08 13 2010 08:45:49 +0000
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U are right Isha. In all aspect recycling is very good for environment and nations economy.


By Diwakar Tiwari, Sr. Manager, THE Arvind LTD  | 08 13 2010 08:45:06 +0000
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Its purely an Enviromental Concern, later it comes to economic development. Right from few decades ago, people were really started to using more plastic or ployethylene for different purpose. when increase in usage they started to dump the waste material all over the place. when we are not able to control it then we really started thinking how to use the waste materials for other purpose. As it goes, we use the waste material for making roads, extracting current and so on...


By Ragavendran , Engineer - Quality, HMX Systems Pvt, Ltd.  | 10 01 2010 06:57:00 +0000
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The 3 R,   Reduse,reuse and recycle will create an eco-friendly bussiness.

and waste recycle will be reffered to environmental issue which shall get  more acceptance and support from Goverment and environmental laws.


By josephluka , Safety Officer/Manager, KEMPE  | 08 16 2010 05:09:18 +0000
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It should be,it should necessarily be,it must be done for enviromental concern only.It must not get converted in to business. In our country it has got converted in to business and people having lust for easy money, used to steal good material and sell it as a waste. You can see in all cities-->Good iron drainage cover have been disappeared and sold as waste in scrap market. Now this business is expanding and is in the hands of local mafias.

In my opinion only Govt. should collect the scrap and recycle. This will generate thousands of jobs all over the country and then will improve the economy.


By Deepak Madhav Padher, Sr. Manager ( Tool Engineering), Bajaj Auto Limited  | 08 13 2010 09:12:57 +0000
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