Power | Battery Storage | Innovation and Startups
LOHUM is set to invest over Rs 2,000 crore in establishing India's largest battery recycling plant at Shoolagiri, Krishnagiri district. Spanning 65 acres, the facility aims to produce 20 gigawatt hours of cathode active materials for battery manufacturing. The plant, expected to create 1,000 jobs, will focus on recycling used batteries and rare earth magnets, contributing to sustainable use of critical minerals. The project underscores India's shift towards sustainable energy solutions and resource efficiency.