India’s waste-management industry is entering a strong growth phase, supported by rapid urbanisation, rising industrial activity and increasing awareness of environmental responsibilities. The sector, valued at USD 13.6 billion in 2024, is projected to reach nearly USD 19.3 billion by 2030, reflecting a steady annual expansion driven by stricter regulations and greater focus on sustainable waste practices.

E-waste recycling is emerging as one of the fastest-growing segments, forecast to rise from USD 1.6 billion in 2024 to about USD 2.8 billion by 2033. Biomedical-waste management is also expanding, expected to reach USD 3.53 billion by 2030. Meanwhile, the tyre-recycling market is gaining traction, with waste-tyre imports increasing significantly over the past three years, indicating strong processing demand.

The broader global waste-management industry, estimated at USD 1.28 trillion in 2025, is also expected to maintain steady long-term growth. In India, policy measures such as Extended Producer Responsibility, improved municipal systems and circular-economy initiatives are pushing businesses to adopt better collection, processing and recycling technologies.

Despite the positive trajectory, challenges remain in segregating waste at source, integrating informal waste handlers and upgrading infrastructure in smaller cities. Industry experts note that sustained investment and stronger public-private partnerships will be essential to unlock the full potential of India’s sustainable waste-management ecosystem.