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Business Ideas / September 9, 2021

Scrap recycler

Everyone has seen the ubiquitous ‘kabaadi wala’ or rag picker, make rounds of garbage kilts and gutters to collect discarded plastic bottles, soft drink cans and myriad scrap. A typical rag picker plying on Mumbai streets for 12 hours earns a tidy Rs.600 to Rs.800 daily. The reason: The scrap fetches high value in the […]

By · September 9, 2021 · 1 min read

Everyone has seen the ubiquitous ‘kabaadi wala’ or rag picker, make rounds of garbage kilts and gutters to collect discarded plastic bottles, soft drink cans and myriad scrap. A typical rag picker plying on Mumbai streets for 12 hours earns a tidy Rs.600 to Rs.800 daily. The reason: The scrap fetches high value in the recycling industry of India. With some skill, opening a scrap recycling business is very profitable and sure way to become rich in India. Recycled metal, plastic and paper are commonly used and in high demand in India’s manufacturing sector. Government loans, technical know-how and subsidies are offered to recyclers.