Article Details

Circular Business Approach-Practices and Opportunities in Electronic and Electrical Sector in India | Original Article

Namita Kapoor1 Dr Sangeeta Jauhari2 Dr. Deepti Maheshwari3 in Shodhaytan (RNTUJ-STN) | Multidisciplinary Academic Research

ABSTRACT:

ABSTRACT

The electronics sector is one among the others automobile, construction, and agriculture that has the largest growth potential and majority of household expenditure is on these sectors. Urbanization requires construction and more than 2/3 of the construction is yet to be started in India. The ownership of passenger cars is predicted to increase from 20 vehicles per 1000 to 175 by 2040.India is experiencing digital revolution and is the second largest market for smartphones apart from United States. This sector will provide the maximum advantage through the application of circular economy and enablers like- tracking, Sharing. This paper focuses on the framework for different principles of circular economy and some business practices that are followed in India.The main aim of the study is to understand the application of circularity principle for Electronics & Electrical Equipment sector in India.