Subscribe to enjoy similar stories. As India races towards an electric future, powered by renewable energy and electric vehicles (EVs), a looming question casts a shadow on this green ambition: what happens to millions of EV batteries at the end of their life? With gigafactories rising and mining for critical materials like lithium and cobalt taking an environmental toll, the need for a robust battery recycling ecosystem has never been more urgent.
Companies in India are leveraging innovative technologies to recover valuable materials from spent batteries. As the demand for sustainable practices grows, battery recycling is emerging as a crucial and rapidly expanding sector in the country.
Here are five promising battery recycling stocks to watch out for in 2025: Gravita India, a leading lead producer, specialises in recycling lead, plastic, and, aluminum while offering turnkey solutions for lead battery recycling. The company efficiently recovers lead from used batteries through eco-friendly methods and provides products like pure lead, specialised alloys, lead sheets, and PET flakes to industries worldwide.
Its manufacturing facilities are spread across India in Jaipur (Rajasthan), Kathua (J&K), Mundra (Gujarat), and Chittoor (AP), with additional operations in Ghana, Mozambique, Togo, Senegal, Tanzania, and Sri Lanka. In 2023, the company expanded its recycling capacity in Chittoor, Andhra Pradesh, bringing the total capacity of the Gravita Group to 278,000 MTPA, with a target of reaching 425,000 MTPA by FY26.
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