Recyclekaro, the parent company of Evergreen Lithium Recycling Private Limited, has been announced as a winner at the EU-India Battery Recycling Technologies Matchmaking Event.
The event, overseen by the EU-India TTC, showcased innovative start-ups from both Europe and India. For the upcoming September 2024 event, Recyclekaro aims to highlight the advancements made at its R&D centre and to express its interest in the European market.
Rajesh Gupta, Founder and Director of Recyclekaro, emphasized the company’s commitment to recycling as a means to minimize waste and support India’s objective of achieving self-sufficiency in battery materials.
The event represents a step towards a greener future by fostering collaboration between the EU and India in sustainable technology. It seeks to promote the development of new technologies and partnerships across borders in battery recycling.
As reported by manufacturingtodayindia.com, with the EU market projected to reach €86.8 billion by 2032 and India’s lithium-ion battery sector expected to grow from €52.1 million in 2024 to €1.4 billion by 2030, there are promising opportunities for mutual growth.
