The Indian economy is a buyer’s economy if we look at the growth in the number of smartphones manufacturer in the last 5 years in the country we would know why it is called a buyers economy. The growth of mobile phone manufacturers in India from 2 units in 2014 to 268 units in 2019. 53% of the new phones are being added in tier 2 and tier 3 cities.
This figure also highlights the hidden fact that also 18% higher numbers of phones are today being discarded and adding up to the e-waste. As environmental concerns today alarm everyone, we cannot ignore the fact that platforms that provide an easy and safe way to resale or recycle your old mobile phones will become more and more crucial to manage the environment friendly sustainability of the smartphone revolution.