Turning waste into wealth: How waste treatment innovation can create jobs and drive green growth
sustainable economic growth
.
Waste as a resource, not a problem
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Traditionally, waste has been viewed as something to be discarded. However, modern technologies are changing this perspective by turning waste into valuable resources. Through processes like recycling, composting, and
waste-to-energy
conversion, materials once considered garbage can now be transformed into raw materials, fuel, and fertilizers.
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For instance, plastic waste can be recycled into new products, organic waste can be composted to enrich soil, and
industrial waste
can be treated to recover metals and chemicals. Advanced waste-to-energy plants also convert non-recyclable waste into electricity or fuel, reducing dependence on fossil fuels.
Health, equity, and investment risks
Liquid waste management is often seen only as an environmental concern. But its consequences extend deeper, impacting public health and social equity, especially for marginalised communities near industrial areas. Untreated effluents contaminate water bodies, damaging ecosystems, disrupting agriculture, and posing serious health risks such as gastrointestinal illnesses, skin conditions, and even cancer.
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Malu Kamble, Managing Director of KEP Engineering, explains, 'For investors, these are clear red flags—indicators of regulatory exposure, reputational vulnerability, and long-term financial risk. In contrast, sustainable waste management practices reflect strong governance, proactive risk mitigation, and alignment with global ESG standards. They are not just responsible—they are essential to building resilient, investable businesses.'
Job creation through new industries
The rise of waste treatment industries has the potential to create millions of jobs across India. From waste collection and sorting to processing and product manufacturing, the sector requires a wide range of skills. This can open opportunities for unskilled workers, technicians, engineers, and entrepreneurs.
Small-scale enterprises involved in recycling and composting are already thriving in many parts of the country, often providing livelihoods to marginalized communities. The formalisation and scaling up of these operations can improve working conditions and income levels, while also boosting local economies.
Driving green growth and sustainability
Sustainable waste practices can do more than meet regulations. 'This is about creating shared value—where industrial progress does not come at the cost of human dignity,' Kamble highlights.
Waste treatment innovation
supports India's commitment to environmental sustainability and green growth. Efficient waste management reduces pollution, lowers greenhouse gas emissions, and conserves natural resources, aligning with India's goals under international agreements like the Paris Climate Accord.
Moreover, promoting a circular economy, where waste is minimized and materials are reused, reduces pressure on landfills and natural ecosystems. It also encourages industries to design products with end-of-life reuse in mind, fostering innovation and responsible consumption.
Government policies and private sector roles
The government has introduced various policies and initiatives to encourage waste treatment and recycling. Programs like Swachh Bharat Mission and Plastic Waste Management Rules aim to improve waste segregation and processing. Incentives for waste-to-energy projects and the promotion of Extended Producer Responsibility are also key measures.
Private companies and startups are increasingly investing in technologies such as bio-methanation, pyrolysis, and advanced recycling methods. Public-private partnerships can accelerate infrastructure development, create jobs, and scale sustainable waste management solutions.
Building trust and business resilience
Malu Kamble urges industries to take a proactive role in sustainable waste management: 'Building trust with communities is not just good ethics—it's good business. Companies that lead with transparency and invest in sustainable practices will gain investor confidence, access to impact-focused capital, and long-term resilience.'
He also reminds us of the need for constant environmental commitment: 'Celebrate World Environment Day, every day, why only a specific day.'
Challenges and the way forward
Despite progress, challenges remain. Lack of awareness, insufficient infrastructure, and informal waste handling limit the sector's potential. Improving segregation at source, upgrading treatment facilities, and integrating informal workers into the formal economy are critical steps.
Investing in research and innovation, promoting skill development, and encouraging community participation will be essential for success. With the right focus, India can turn its waste crisis into a powerful engine for green growth and job creation.
By viewing waste not as a burden but as an opportunity, India can unlock new economic and environmental benefits. Waste treatment innovation offers a pathway to cleaner cities, more jobs, and a sustainable future. It is time to embrace this change and build a circular economy that works for everyone.
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