Entrepreneurial Opportunities in Electric Vehicle (EV) Battery Recycling in India

Abstract

The rapid adoption of electric vehicles (EVs) in India is a major step towards sustainable mobility and reduced carbon emissions. However, this transition also presents a significant challenge in the form of increasing lithium-ion battery waste. Improper disposal of EV batteries can lead to severe environmental pollution, resource depletion, and public health risks. At the same time, this emerging problem creates substantial entrepreneurial opportunities in battery recycling, reuse, and second-life applications. This study aims to explore the business potential of EV battery recycling in India by analyzing market trends, policy frameworks, technological developments, and sustainability aspects. Using secondary data, industry reports, policy documents, and case studies, the research highlights the economic feasibility and environmental significance of recycling-based business models. The findings suggest that EV battery recycling can support the circular economy, generate employment, reduce dependency on imported raw materials, and promote sustainable entrepreneurship. The study concludes that with proper regulatory support, technological innovation, and investment, EV battery recycling can become a high-growth sector contributing to India’s green economy.