Marking World Environment Day with a strong commitment to sustainability, Maxvolt Energy Industries Limited, one of India’s fastest-growing lithium battery technology firms, has announced plans to significantly scale up its battery recycling operations. The company is in the process of acquiring land in NCR or Western Uttar Pradesh to set up a cutting-edge lithium battery recycling and repurposing facility.
The proposed plant, which will cover an area of 22,000 to 25,000 square metres, is expected to be located near Maxvolt’s existing manufacturing unit in Ghaziabad, enabling streamlined supply chain integration and operational synergy. This initiative is part of Maxvolt’s long-term strategy to reduce India’s reliance on imported lithium and strengthen domestic circular economy efforts in battery lifecycle management.
“On World Environment Day, we reaffirm our commitment to sustainability by investing in a world-class battery recycling infrastructure,” said Mr. Satendra Shukla, Chief Business Officer and CEO of Maxvolt Energy. “This facility will enable large-scale recovery of critical materials, significantly lower environmental impact, and support India’s growing EV and energy storage sectors.”
Maxvolt’s current operations already include a nationwide battery take-back and reuse program, covering more than 85% of India’s pin codes. With its expansion aligned under the company’s Phase 2 growth strategy, Maxvolt is also increasing capacity for energy storage system (ESS) batteries designed for solar and grid-scale projects.
“The future belongs to companies that innovate with responsibility,” added Mr. Vishal Gupta, Chairman and CTO of Maxvolt Energy. “Our upcoming plant will reflect global best practices in battery recycling and contribute meaningfully to India’s energy independence.”
Maxvolt’s operations are backed by advanced technologies such as Active Balancer Systems, Superior Thermal Management, and Smart Battery Control Mechanisms. The company reported ₹107 crore in revenue for FY 2024–25, driven by its integrated approach to production, reuse, and recycling—solidifying its role as a leader in India’s clean energy transition.
