SPOTLIGHT ON INDIAN ELECTRONICS Spotlight on Indian Electronics | Page 236

HIGH PRIORITY MARKET
Earth Sense Recycle Pvt . Ltd . No . 7 / 4 , 3rd Trust Cross Street , Mandavelipakkam , Chennai - 600 028 . T : 044-42014765 , E : info @ earthsense . in , W : earthsenserecycle . com S . John Robert
Ash Recyclers 94 , Thimmiah Road , Bangalore – 560001 E : info . ashrecyclers @ yahoo . com W : ashrecycler . com A . Syed Hussain
E-R3 Solutions Pvt . Ltd . CIO , Rex India , C-430 , 1st Cross , Behind Peenya Police Station , 1st Stage , Peenya Industrial Area , Peenya , Bangalore - 560 058 M : + 919449007830 , + 919811804546 E : support @ er3solutions . org
E-Parisara Pvt . Ltd B-41 / 1 , Peenya Industrial Area , 3rd Stg , Peenya Industrial Area , Bengaluru - 560058 T : 080 2836 0902
Hi-Tech Recycling India Pvt . Ltd . Gat . No . 42 , Property No . 657 , Near Arpan Hospital , ATP .: Bhukum , Tal : Mulshi , Dist- Pune- 412 115 , Maharashtra India T : + 91-20-66521000 , F : + 91-95-95079654 E : info @ hitechrecycling . in
GreenScape Eco 512 , Elegance Tower , Non-Hierarchical Commercial Center , Jasola , New Delhi – 110025 T : + 91-11-40515662 , M : + 91-9871884449 E : info @ greenscape-eco . com
Telecommunications sectors . In the
market . Since , in India , majority of the
coming years , as the technology
E-Waste is processed by the
advances , lifespan of products would
unorganized sector , introduction of
become shorter , resulting in
stringent regulations is expected to
replacement of existing products with
significantly benefit the organized
the new ones , which would result in
players over the next five years .” said
further increasing generation of E-
Mr . Karan Chechi , Research Director
Waste .
with TechSci Research , a researchbased
According to a recently published report
global management consulting
by TechSci Research , “ India E-Waste
firm .
Management Market Forecast and
India ’ s E-Waste market has been
Opportunities , 2019 ”, the country ’ s E-
divided into various segments including
Waste market is expected to grow at a
IT and Telecom , Large Household
CAGR of around 30.6 % during 2014-
Appliances and Consumer Electronics .
19 . The Southern and Western regions
Some of the key products generating
are the largest contributing regions in
most of the E-Waste in the country
the country ’ s E-Waste market due to
include PCs , mobile phones ,
the presence of various IT hubs such as
refrigerators , washing machines ,
Chennai , Bangalore and Hyderabad .
laptops , televisions , etc . Attero ,
However , the country ’ s Western and
Ecoreco , SIMS Recycling , Earth Sense
Northern regions are also growing at a
Recycle , and TSS-AMM are the major E-
significant rate due to introduction of
Waste recycling and management
new recycling facilities , especially in
players operating in the country . These
Delhi / NCR region .
players are focusing on increasing
“ The enforcement of E-Waste
consumer awareness , while also
management laws by the government of
working towards bridging the gap
India for proper and regularized
between the organized and unorganized
management , disposal and recycling of
E-Waste management market in India .
E-Waste is setting a new trend in the

Indian Insurers Spending Rs . 140.8bn on IT and Services in

2016

Most Indian insurance companies expect to increase their IT
businesses in the domestic market .
budgets in 2016 , and are expected to spend 140.8 billion
This is driving continued strong growth in IT services ,
rupees on IT products and services – a 9.6 percent increase
especially consulting services , and also enterprise software .
over 2015 . This forecast includes spending by insurers on
Spending on IT services is forecast to reach Rs . 45.2 billion ,
internal IT ( including personnel ), hardware , software ,
which is 32 percent of all insurance IT spending . Enterprise
external IT services and telecommunications .
software spending , which includes enterprise resource
Indian insurers are prioritizing their technology investments
planning ( ERP ), supply chain management ( SCM ), and
for 2016 into digitalization , and particularly analytics
customer relationship management ( CRM ), is forecast to
capabilities . They are primarily looking to digital to grow their
grow 22 percent in 2016 , to a total of 948 million rupees .
Spotlight on Indian Electronics 2016 | 236