Mumbai, India | 13th May 2026: Evergreen Lithium Recycling, a group company of Evergreen Recyclekaro India Limited, has entered into a technology licensing agreement with the Indian Institute of Technology Bombay to advance the extraction of battery precursor-related critical minerals and enhance efficiency in battery recycling operations.
This collaboration marks a significant step in Recyclekaro’s efforts to build scalable, technology-driven solutions in India’s emerging circular economy. The licensed technology is expected to deliver up to 30%-40% processing cost optimization while improving overall process efficiency, strengthening Recyclekaro’s capabilities in urban mining and resource recovery.
At a time when India is prioritizing critical mineral security and localization of battery supply chains, this partnership reinforces Recyclekaro’s commitment to supporting the country’s clean energy transition and electric mobility ecosystem.
Commenting on the development, Rajesh Gupta, Founder & MD, Recyclekaro, said:
“Building a robust critical minerals ecosystem in India requires strong collaboration between industry and academia. Our partnership with IIT Bombay is a strategic step towards enhancing process efficiency while also investing in indigenous innovation, talent, and infrastructure. We believe such R&D specific collaborations will play a pivotal role in shaping India’s position in the global resource recovery and recycling landscape.”
Through this collaboration, Recyclekaro aims to further strengthen its technological capabilities, drive innovation in battery recycling, and contribute to the development of sustainable and commercially viable solutions for India’s future material needs.
The partnership also reflects Recyclekaro’s broader vision of fostering deeper industry-academia engagement to accelerate growth in the critical minerals and circular economy sectors.
About Recyclekaro
Recyclekaro is a leading e-waste and lithium-ion battery recycling company in India, focused on recovering critical minerals to enable sustainable growth and strengthen the circular economy. The company achieves over 95% recovery efficiency while maintaining purity levels above 99%, with an e-waste processing capacity of 24,500 MT and a lithium-ion battery processing capacity of 10,000 MT across its zero-disposal facilities. With 15+ years of experience, Recyclekaro works with India’s leading corporations and institutions to safely manage end-of-life electronics and batteries, and return valuable critical metals back into India’s circular economy through responsible sourcing, advanced processing, and continuous innovation
Stephan is the sports journalist for the Maple Grove Report.
