Recycling lithium-ion batteries a ‘great economic opportunity’, says ICEA chief

Pankaj Mohindroo, Chairman of the India Cellular and Electronics Association (ICEA), has called lithium-ion battery recycling a “great opportunity” for Indian entrepreneurs and a strong economic proposition in the long run.

Speaking to CNBC-TV18, Mohindroo highlighted the need to urgently build industrial-scale recycling capacity, especially as electric vehicles and solar energy storage create a surge in battery demand.

“We are getting into electric vehicles and solar storage in a very big way. These are high in weight and less complex. So, I…