Global business scenario of the various green initiatives, waste recycling creates the highest positive impact on the environment. Of all the different types of waste, electronic waste has the characteristics of the fastest growing segment of waste, most valuable due to its basic composition, very hazardous if not handled carefully. However, the sector is very new with only a few corporate players in India and globally. Most of the electronic waste management sector is currently handled by the unorganized/informal sector in India. However due to lack of skills, knowledge, awareness, etc., the sector has remained highly labor intensive, environmentally unfriendly and unhealthy. If done in the right way, and in an organized fashion, e-waste management can become a dominant economic sector. As per various numbers published by various research agencies, about 20 to 50 million tons of e-waste are generated worldwide every year. E-waste comprises more than 5 % of all solid waste generated and the volume is expected to increase at a rate of 300% per annum in developing countries.