Attero to invest Rs 300 cr to boost Li-ion battery recycling capacity

29 Dec 2021 CW Team

Attero, an E-waste recycling firm makes plans for making an investment worth Rs 300 crore for increasing its current lithium-ion battery recycling capacity. According to an official, the capacity will be increased to 11,000 tonne in 2022.

Market estimates state that India is generating over 50,000 tonne of lithium-ion battery waste each year and the growing range is between 40 to 80% which depends on the different models being utilised for computing E- vehicle growth in India, CEO, and co-founder, Attero Recycling, Nitin Gupta.

He further said that by the end of the year 2022, the company will be approximately 22 % of the existing market size. The company is making new investments and will be having a significant amount of investment for building up the given capacity. They have plans to make an investment of Rs 300 crore.

Along with the lithium-ion recycling capacity, the company earlier stated to almost double the complete electronic waste recycling capacity, from 1.44 lakh metric tonne to 3 lakh metric tonne by the end of 2022.

He said that with the transition to electric vehicles, the country will be saving forex spent on petrol import as well as the expenditure for the import of lithium-ion batteries from China.

Ensuring the growth of recycling infrastructure in India, meeting its current local demand, and making the country self-sufficient in battery materials is what the company is working on.

Image Source

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..