​India’s energy transition is entering a decisive decade. With battery demand projected to grow more than 40-fold by 2050 and early end-of-life volumes already emerging from commercial EV fleets, there is a critical window to build a circular battery ecosystem. By 2050, recycling aims to cater over 40% of India’s lithium, nickel, and cobalt requirements, create more than 106,000 direct green jobs, and prevent over 2.9 million tons of CO₂ emissions, equivalent to removing 700,000 fossil fuel vehicles from the road for a year.

​Beyond emissions, the implications are strategic. Battery recycling strengthens resource security, reduces dependence on virgin mining, and ensures that critical minerals remain in circulation within the domestic value chain.

​As India remains reliant on global supply chains for key materials, circularity supports supply stability and long-term sustainability. It plays a key role in achieving India’s goals of electrification, energy independence, and net-zero, where sustainability is measurable.

​At LICO Materials Private Limited, we recycle end-of-life lithium-ion batteries to recover critical materials and supply back to the battery supply chain.This Global Recycling Day, we reaffirm our commitment to building a circular, resource-efficient, and sustainable future.