India: Recyclekaro secures policy support to expand critical mineral recycling capacity

Recyclekaro secured eligibility under India's critical mineral recycling scheme, planning INR 300 crore investment to scale capacity to 50,000 t. The expansion targets lithium, rare earths, and strategic metals recovery from e-scrap and batteries. The move aims to strengthen domestic supply chains amid rising demand from EV and renewable sectors. The company will also invest in R&D to improve recovery efficiency.