The announcement on Wednesday brings a concrete step toward closing India’s battery supply chain gap. N.A.N. Silox GreenMet, a 50:50 joint venture between the Indian industrial platform N.A.N. GreenMet and Belgium’s Silox Group, has cleared regulatory hurdles and laid the first stone at its Naidupeta site.
The plant’s design can handle 40,000 tonnes of battery shredding per year, with a second stage aimed at 20,000 tonnes of hydrometallurgical processing. This phased approach means the facility will start producing battery‑grade metal salts in 2027, scaling up to full capacity by 2029.
Beyond shredding, the JV plans to add precursor cathode active material (pCAM) and cathode active material (CAM) production. By turning recovered lithium, cobalt, nickel and manganese into usable feedstock, the venture will help Indian automakers cut their import bill and keep more of the battery value chain on home soil.
For buyers, the ripple effect is clear: a stronger domestic supply chain could tame price volatility, improve battery availability, and support the rollout of lower‑cost electric models. The government’s push for local battery production under the EV mandate adds policy backing to this industrial push, promising a smoother path for EV adoption across the country.