Market Size and Growth Potential of India’s Lithium-ion Battery Recycling Industry

India’s green transition is picking up pace as the nation accelerates its adoption of electric vehicles and renewable energy technologies. Central to this shift is the growing demand for lithium-ion batteries, which power not only EVs but also mobile phones, laptops, and energy storage systems. However, this rapid expansion brings with it a critical question—what happens when these batteries reach the end of their life? The answer lies in the emerging industry of lithium ion battery recycling India . A Growing Necessity for Recycling Solutions As the country embraces sustainable energy solutions, the use of lithium-ion batteries is expanding across multiple sectors. From public transport to private electric vehicles, and from solar-powered homes to commercial backup systems, lithium-ion cells are becoming an everyday necessity. This surge in usage naturally leads to an increase in battery waste—waste that, if not managed correctly, poses significant environmental risks. Discarded lithi...