Archive · 20 Jan 2026
Recyclekaro to Invest Rs 500 Crore by 2030
Recyclekaro is a company that recycles old electronics and batteries.
They are going to spend 500 crore rupees by 2030 to build a big research center and hire smart people to help them.
This center is near Mumbai and will help them learn how to get useful materials from old electronics and batteries.
The company wants to make India better at recycling and not have to rely on other countries for these materials.
They already can process a lot of e-waste and batteries, and they want to do even more.
The person in charge, Rajesh Gupta, says this will help India be more self-sufficient.
Recyclekaro plans to invest Rs 500 crore by 2030 to develop research infrastructure and talent.
The company inaugurated its Rare Earths and Advanced Materials Research Centre in Wada, Palghar, near Mumbai.
The facility aims to advance urban mining and critical material recovery from e-waste and end-of-life batteries.
Recyclekaro has a current processing capacity of 24,500 MT of e-waste and 10,000 MT of lithium-ion battery waste.
The company plans to scale rare earth processing capacity to 20,000 MT with R&D-led process improvements.
- Who
- Recyclekaro, an e-waste and lithium-ion battery recycling firm
- What
- Plans to invest Rs 500 crore by 2030 to develop research infrastructure and talent
- When
- Investment to be made in a phased manner by 2030, with talent build-out over the next 12 to 24 months
- Where
- Wada, Palghar, near Mumbai
- Why
- To advance urban mining, critical material recovery, and strengthen India's mineral security
- Investment Amount
- Rs 500 crore
- Investment Timeline
- By 2030
- Facility Location
- Wada, Palghar, near Mumbai
- E-waste Processing Capacity
- 24,500 MT
- Lithium-ion Battery Waste Capacity
- 10,000 MT
- Rare Earth Processing Capacity Goal
- 20,000 MT
- Facility Size
- Five acres
- Key Personnel
- Rajesh Gupta, Founder and Managing Director