Policy intervention can unlock $3.5 billion lithium-ion battery recycling, production in India
Press Release, 17 July 2025
Policy interventions can enable unlocking of USD 3.5 billion lithium ion recycling and production ecosystem in the country by 2030, a report by industry body India Cellular and Electronics Association (ICEA) and Accenture said on Wednesday, 16th July 2025.
The report estimates that without any policy intervention and measures to facilitate investments, the present lithium battery (LiB) recycling expansion plans have the potential to generate revenue in the range of USD 500-1,000 million between 2025 and 2030.
The report has suggested measures to enhance cell manufacturing capacity, increase domestic recycling capacity through schemes like PLI, facilitate the trade of LiB scrap and black mass and improve reverse logistics and collection of domestic scrap.
