I think India is sitting on a future goldmine. It's hidden inside retired EV batteries.
- Murali krishna
- Jun 27
- 1 min read
I think India is sitting on a future goldmine.
It's hidden inside retired EV batteries.
The real question is who will recover it.
Most first-generation EVs still operate today.
The recycling wave arrives after 2028. š
That gives India valuable preparation time.
Used batteries contain critical minerals.
Lithium, cobalt, nickel, and manganese matter.
Hydrometallurgical recycling recovers these efficiently.
Recovery reduces fresh mining demand.
It also strengthens supply security.
Second-life applications create additional value.
Battery waste will grow rapidly.
Infrastructure must grow even faster. ā»ļø
For me, recycling is strategic engineering.
š The market opportunity is massive.
As per Fortune Business Insights,
The global battery recycling market
Already reached USD 28.6 billion.
It could exceed USD 91.7 billion by 2034.
That is nearly a 3Ć market, 13.95% CAGR.
India has the talent.
India has a growing EV base.
Now India needs world-class
Recycling infrastructure.
The next EV race may not be batteries.
It may be recovering them. ā»ļø
It improves sustainability and resource independence.
Which recycling technology will dominate India by 2030:
hydrometallurgy, direct recycling, or second-life battery reuse?
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