The world stands at a defining crossroads from an environmental standpoint. Extreme weather events have become all too common, an ever-present reality destabilising food systems, displacing communities, and questioning the future of mankind and the planet. To discuss and implement measures to minimise climate change and avoid further environmental damage, world leaders, scientists, non-governmental organisations, and civil society leaders are expected to come up with implementation pathways at the 30th United Nations Conference of the Parties (COP).

A new government incentive plan for critical mineral recycling faces cautious reception from industry players. Challenges like informal e-waste collection and supply chain gaps could hinder its success. The plan aims to boost domestic extraction of vital metals from batteries and gadgets. Industry experts believe technology acquisition and workforce development are crucial for realizing the plan’s potential.

Critical minerals recyclers are cautious about the prospects of the newly announced incentive plan for the sector.

Players say the informal e-waste collection system and the lack of a supply chain can hinder the government’s plan to establish a robust critical mineral extraction ecosystem in the country.

The mines ministry recently announced ₹1,500 crore sops for recycling of critical minerals. The scheme provides a maximum incentive of ₹50 crore to eligible firms.

As the world observes International E-Waste Day on Tuesday, Delhi, one of India’s biggest generators of discarded electronics, continues to wait for its first formal e-waste processing facility. Despite generating nearly 2.3 lakh metric tonnes of e-waste annually — 10% of the country’s total — 95% of its electronic junk is dismantled informally, exposing thousands to toxic hazards and leaving untapped what could be a multi-crore opportunity in resource recovery and circular economy.

As global temperatures breach critical thresholds and extreme weather events become increasingly common, the growing climate crisis demands urgent action on every front. Among these is perhaps one of the biggest contributors to carbon emissions: waste.  Lying in landfills and sinking into water bodies, the decomposing waste releases toxic gases such as methane, and going by the alarming rate of global warming, the planet cannot afford to leave this unaddressed. 

Bharat’s journey towards Viksit Bharat, the government’s vision to transform the country into a fully developed nation by 2047, is underway, fuelled by accelerated digitisation across industry verticals. The country’s Bharat’s journey towards Viksit Bharat, the government’s vision to transform the country into a fully developed nation by 2047, is underway, fuelled by accelerated digitisation across industry verticals. The country’s digital economy is quickly becoming a pillar of its growth and is projected to contribute to nearly one-fifth of the national income by 2029-2030. Yet, this remarkable digital advancement comes with an overlooked consequence: growing e-waste.

By Yashraj Bhardwaj

India’s EV market is racing ahead — nearly 2 million EVs were sold in 2024, with sales projected to push the industry to USD 113.99 billion by 2029. But as the country speeds into an electric future, one critical question looms large: what happens to the millions of EV batteries once their drive ends?

Here are six ways India can transform EV battery waste into a circular economy opportunity:

India’s EV market is racing ahead — nearly 2 million EVs were sold in 2024, with sales projected to push the industry to USD 113.99 billion by 2029. But as the country speeds into an electric future, one critical question looms large: what happens to the millions of EV batteries once their drive ends?

Here are six ways India can transform EV battery waste into a circular economy opportunity:

By Yashraj Bhardwaj, Co-Founder & CSO, Plannex Recycling

India’s EV market is racing ahead — nearly 2 million EVs were sold in 2024, with sales projected to push the industry to USD 113.99 billion by 2029. But as the country speeds into an electric future, one critical question looms large: what happens to the millions of EV batteries once their drive ends?

Here are six ways India can transform EV battery waste into a circular economy opportunity:

By Yashraj Bhardwaj, Co-Founder & CSO, Plannex Recycling

India’s EV market is racing ahead — nearly 2 million EVs were sold in 2024, with sales projected to push the industry to USD 113.99 billion by 2029. But as the country speeds into an electric future, one critical question looms large: what happens to the millions of EV batteries once their drive ends?

Here are six ways India can transform EV battery waste into a circular economy opportunity:

By Yashraj Bhardwaj, Co-Founder & CSO, Plannex Recycling

India’s EV market is racing ahead — nearly 2 million EVs were sold in 2024, with sales projected to push the industry to USD 113.99 billion by 2029. But as the country speeds into an electric future, one critical question looms large: what happens to the millions of EV batteries once their drive ends?

Here are six ways India can transform EV battery waste into a circular economy opportunity: