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Exponential Growth

Indian Li-ion battery market is expected to reach $57 Billion, driven by surge in adoption of EVs and consumer electronics

Resource Dependency

India spent $4 Billion on importing critical Li-ion battery materials (lithium, cobalt, nickel and copper) creating supply chain vulnerabilities

Focus on manufacturing

India is investing $5.5 Billion to emerge as the world's largest Li-ion cell manufacturer through a network of 12 gigafactories by 2030

Unorganized & inefficient collection processes

Unorganized & inefficient collection processes: Only 15% of total demand is met through recycling

Underutilized plant capacity

Existing recycling plants operate on only 20% capacity due to lack of high quality battery waste

Lack of recycling installed capacity

India needs to ramp up its installed capacity to 300X to meet growing battery waste by 2030

Tech-powered collection centres

Only 15% of total demand is met through recycling

Underutilized plant capacity

Existing recycling plants operate on only 20% capacity due to lack of high quality battery waste

Lack of recycling installed capacity

India needs to ramp up its installed capacity to 300X to meet growing battery waste by 2030