Recycling

Battery makers urge the Centre to exempt self-recycled batteries from mandatory certificate purchases, warning the proposed trading platform could discourage recycling investments

The concern of the auto sector is that the current rules require manufacturers to begin collecting 70 per cent of batteries after eight years of use

Recycling commitments under the Rs 1,500-crore incentive scheme reach 850 kilotonnes against a 270-kilotonne target as India accelerates critical mineral plans

Just 350,000 of India's estimated 12 million end-of-life vehicles were scrapped through authorised channels between August 2022 and July 2025, highlighting gaps in the scrappage ecosystem

Banks are deploying more cash recycling machines that allow deposits and withdrawals, reducing reliance on standalone ATMs and slowing the transition to cassette-swap cash loading systems

MRAI highlights fragmented oversight and execution challenges in recycling policies, urging a central nodal body to ensure continuity, coordination, and effective implementation

Companies pledge to create recycling capacity of 850 KTPA

Apex body MRAI warns current GST regime hurting formalisation; demands removal of aluminium scrap duty

Jain Resource Recycling IPO: The company raised ₹562.5 crore from 40 global and domestic institutional investors through the anchor book

Jain Resource Recycling will raise Rs 1,250 crore via IPO opening Sept 24 with proceeds to repay debt, fund corporate purposes and expand into plastics and e-waste recycling

What makes recycling particularly urgent is the long gestation period associated with mining and exploration

The MoU lays out a collaboration covering commercial development, raw material sourcing, marketing, and possible investments for the company's upcoming r-PET project

The scheme, which will includes lithium-ion batteries, will give capex subsidy to eligible recyclers, according to the document shared with reporters

Battery recycling of electric vehicles (EV) is essential for sustainability, cost-efficiency, and resource security

India has identified the 24 minerals as strategic and critical to its efforts to meet clean energy goals and move towards net zero greenhouse gas emissions by 2070

The domestic industry can look forward to increased business opportunities in the e-recycling sector, which is expected to grow at a CAGR of 13.52 per cent, reaching USD 198.52 million by 2032, India Ratings and Research (Ind-Ra) said in a report on Wednesday. The report also underlined the need for a strong reverse logistics network for e-waste procurement to ensure contract fulfilment and technical expertise to gain extended producer responsibility (EPR) revenue. India ranks as the third largest e-waste producer after China and the US, it said, adding that Switzerland remains one of the most efficient e-waste recyclers in the world, followed by Sweden and Norway. Citing an Astute Analytica report, the credit ratings agency said the domestic e-waste management market is projected to reach a valuation of about USD 198.52 million by 2032 at a compounded annual growth rate (CAGR) of around 13.52 per cent during 2024-2032, hinting at a huge market. Ind-Ra said there is a growing ...

Lithium-ion battery recycling and refurbishing firm LICO Materials on Friday announced the inauguration of a battery recycling facility in Bengaluru and said it will invest Rs 250 crore in its downstream hydrometallurgy plant in next two-three years. The 4 GWh per annum in-feed capacity plant in Bengaluru will address the challenges of securing a stable supply of critical materials and contribute to India's ambition of achieving 30 per cent electric vehicle (EV) adoption by 2030, LICO said. The company said it aims to scale up capacity at the facility to 10 GWh in the next 3-4 years. With India's EV industry expected to grow by 250 per cent and energy storage sector to reach 42GW by 2032, recycling of used batteries will play a crucial role in recovering critical minerals to support the battery circular economy, according to the company. "The new facility marks a significant milestone in our journey to redefine lithium-ion battery recycling and repurposing in India. As we scale up

These recycling facilities aim not just to manage the vast quantities of electronic waste generated annually but also to foster a circular economy

Bi-monthly MIT Technology Review magazine has rated South Korea as 'one of the world's best recycling economies', and the only Asian country out of the top 10 on its Green Future Index in 2022

There is also regulatory pressure on automakers and battery makers to recycle