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With the global battery recycling market expected to exceed $30 billion by 2030, India has a unique opportunity to claim a meaningful share. NEW DELHI: According to industry estimates, India could need to recycle over 1.2 million EV batteries annually by 2030. This number is anticipated to exceed 14 million by 2040. The country braces for a significant rise in battery waste, spurred by the rapid adoption of electric vehicles (EVs), stationary energy storage for grid and renewable integration, telecom infrastructure, data centers, and consumer electronics. Kolkata-based NavPrakriti has started the operation of lithium-ion battery recycling facility in Eastern India.As per the industry estimates, the lithium-ion battery demand in India is set to reach exponentially to 54 gigawatt hours (GWh) by FY27. However, batteries from consumer electronics, telecom towers, and backup systems are already reaching end-of-life, and the nation’s first generation of EV batteries will begin entering the waste stream within the next 12 to 24 months. Experts warn that, much like plastic and e-waste, India is on the verge of a battery waste surge, threatening environmental and resource security if not managed responsibly.While a few recycling units have emerged in the Delhi NCR region, they have lacked proper recycling infrastructure in other parts of the country. Although vast regions such as Eastern India, including West Bengal, Odisha, Jharkhand, Bihar, and Chhattisgarh possess certain advantages for a battery recycling plant in terms of its geography. NavPrakriti’s new plant, situated near Kolkata, aims to become a hub for responsible battery disposal and critical mineral recovery in these underserved states.Akhilesh Bagaria, Founder of NavPrakriti, said in a statement, “Prime Minister Modi’s focus on the circular economy and sustainable technology has inspired a new wave of innovation in India. Our facility is a testament to the potential of indigenous solutions and local entrepreneurship. We are proud to be the first in Eastern India to support both government policy and the urgent need to address battery waste. With the right support, we can turn today’s waste into tomorrow’s resource, powering India’s green future.”With the global battery recycling market expected to exceed $30 billion by 2030, India has a unique opportunity to claim a meaningful share. The government’s recent Rs 1,500 crore scheme for battery recycling and refining, announced under the National Critical Mineral Mission, underscores this commitment. The scheme aims to promote domestic recycling capacity, reduce dependence on imported critical minerals, and ensure safe, environmentally friendly processing of used batteries.Live EventsNav Prakriti’s facility operates on cutting-edge indigenous technology developed by the Centre for Materials for Electronics Technology (C-MET), eschewing foreign solutions in favour of locally designed processes. With a current mechanical pre-treatment capacity of 1000 tonnes per month, scalable to 2000 tonnes as market demand grows, NavPrakriti is already processing end-of-life batteries from various sources, including consumer products, telecom operations, and industrial users. The company is exploring new partnerships with major battery manufacturers, OEMs, and bulk battery users for collection and recycling under the EPR (Extended Producer Responsibility) framework, ensuring a consistent feedstock and regulatory compliance.Nav Prakriti’s plant focuses on the recovery of aluminium and copper with various intermediary products rich in nickel, cobalt, manganese, and lithium, laying the groundwork for future hydrometallurgical refining. Plans are underway to expand into battery-grade chemical recovery and battery refurbishment for second-life usage for low-power residential and industrial applications, maximising the value extracted from each battery.Add as a Reliable and Trusted News Source Add Now! Read More News onelectric vehicle battery recyclingNavPrakriticircular economycritical minerals recovery 20 cities. Countless breakthroughs. Secure your spot at the ET Make in India SME Regional Summit.....moreless Read More News onelectric vehicle battery recyclingNavPrakriticircular economycritical minerals recovery20 cities. Countless breakthroughs. Secure your spot at the ET Make in India SME Regional Summit.....moreless Prime ExclusivesInvestment IdeasStock Report PlusePaperWealth Edition123View all Stories
