India's e-waste holds a Rs 1 lakh crore critical mineral opportunity, with 573 kilotonnes recoverable from retired lithium-ion batteries between FY2027 and FY2041. Recycling could meet 10-12% of EV battery lithium demand and reduce 100% import dependence on lithium, cobalt and nickel. Battery recycling market is projected to reach Rs 31,150 crore by 2030.
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