Recyclekaro, the parent company of Evergreen Lithium Recycling Private Limited has announced its selection as one of the winning companies at the prestigious EU-India Battery Recycling Technologies Matchmaking Event. As one of only three Indian companies chosen, this accolade underscores India’s significant position on the global stage and its steadfast commitment to advancing sustainable and innovative recycling practices.
Organized by the EU-India Trade and Technology Council (TTC), the event showcased cutting-edge start-ups from both regions – Europe and India, fostering collaboration and innovation in the battery recycling sector. Recyclekaro distinguished itself with its advanced technology and commitment to circular economy principles.
Scheduled for September 2024, Recyclekaro will highlight its cutting-edge R&D and solidify its presence in the global market, particularly within the European Union. This technology exchange event will offer recyclers from both regions the opportunity to connect with key industry stakeholders, explore potential partnerships, and gain valuable insights into the battery recycling landscape.
Rajesh Gupta, Founder & Director of Recyclekaro said, “Being recognized in this prestigious forum is a testament to our commitment to advancing battery recycling technologies. By harnessing the power of recycling, we are not only reducing waste but also contributing to India’s journey towards self-reliance in battery materials.”
The event marks a significant step towards strengthening EU-India collaboration in sustainable technologies, paving the way for a greener future. It aims to foster cross-border partnerships and innovation in the battery recycling industry. With India’s lithium-ion battery market projected to grow from €52.1 million in 2024 to €1.4 billion by 2030, and the EU market anticipated to reach €86.8 billion by 2032, there are substantial opportunities for collaborative growth.