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Battery recycling firm LICO Materials aims to triple revenue to Rs 100 crore in FY26, driven by the growing EV and energy storage demand in India. The company plans to set up its own downstream...

LICO Materials inaugurates a battery recycling facility in Bengaluru, aiming to recycle 17,500 metric tonnes of battery annually. The company plans to invest Rs 250 crore in its hydrometallurgy plant.