Charting a Circular Battery Future in India

The report identifies a ₹75,500 crore (US$9 billion) market opportunity in India's battery circularity, projecting significant potential for reuse (220 GWh by 2050) and repurposing (600 GWh by 2050). It argues that domestic recycling could meet over 40 percent of India's lithium, nickel, and cobalt needs by 2050, while creating 106,000 green jobs and avoiding 2.9 million tons of CO2 equivalent. Success depends on five enablers: policy reform, digital traceability, financing interventions, technology development, and workforce training.

• India's battery circularity represents a market opportunity valued at ₹75,500 crore (US$9 billion), with battery demand projected to grow more than 40-fold by 2050.
• The potential for battery reuse is estimated at 220 GWh between 2025 and 2050, while annual repurposing potential could reach approximately 600 GWh by 2050, creating a market opportunity of ₹58,738 crore (~US$7 billion).
• Battery recycling in India is projected to create over 106,000 direct green jobs and avoid 2.9 million tons of CO2 equivalent; by 2050, it could provide more than 40 percent of the country's requirements for cobalt, nickel, and lithium.

APA

RMI (2025). Charting a Circular Battery Future in India. https://rmi.org/resources/charting-a-circular-battery-future-in-india/

Chicago

RMI. Charting a Circular Battery Future in India. 2025. https://rmi.org/resources/charting-a-circular-battery-future-in-india/.

Wikipedia

{{cite report |author=RMI |title=Charting a Circular Battery Future in India |date=5 November 2025 |url=https://rmi.org/resources/charting-a-circular-battery-future-in-india/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{rmi2025charting, author = {{RMI}}, title = {{Charting a Circular Battery Future in India}}, institution = {RMI}, year = {2025}, month = nov, url = {https://rmi.org/resources/charting-a-circular-battery-future-in-india/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }