India Launches ₹1,500 Crore Critical Mineral Recycling Scheme with Capex & Opex Incentives to Boost Domestic Supply and Sustainability – EQ
In Short : The Indian Electronics and Semiconductor Association (IESA) highlighted a ₹1,500 crore critical mineral recycling scheme designed to transform India’s recycling sector. The initiative offers both capital expenditure (Capex) and operational expenditure (Opex) subsidies to promote efficient recovery of critical minerals. It aims to boost domestic supply, reduce import dependence, and strengthen the country’s clean energy and electronics manufacturing ecosystem.
In Detail : The Indian Electronics and Semiconductor Association (IESA) has announced a ₹1,500 crore critical mineral recycling scheme aimed at transforming India’s recycling sector. The initiative targets the recovery and reuse of key minerals essential for electronics and clean energy industries.
The scheme offers both capital expenditure (Capex) and operational expenditure (Opex) subsidies to incentivize private and public sector participation. This financial support reduces initial investment burdens and operational costs for recycling facilities.
By providing subsidies, the program encourages the establishment of state-of-the-art recycling plants equipped with advanced technologies. These facilities are expected to efficiently extract critical minerals from electronic waste and industrial scrap.
The initiative aims to boost domestic supply of critical minerals, reducing India’s reliance on imports. This is particularly important for minerals used in semiconductors, batteries, and renewable energy applications.
IESA emphasized that the scheme will support sustainable manufacturing practices. By promoting circular economy principles, it helps minimize resource wastage and environmental impacts associated with mineral extraction.
The program is expected to create employment opportunities in recycling, logistics, and plant operations. This aligns with India’s broader goals of industrial growth, skill development, and green job creation.
Collaboration with industry stakeholders, research institutions, and technology providers will be key to the scheme’s success. Sharing expertise and innovations can enhance recovery efficiency and expand the scope of recyclable materials.
The recycling scheme also supports India’s clean energy transition. By ensuring a steady domestic supply of critical minerals for batteries, solar panels, and electronics, the country can accelerate renewable energy deployment and technology adoption.
Overall, the ₹1,500 crore initiative represents a major step toward a robust, self-reliant, and sustainable recycling ecosystem. It strengthens India’s position in the global critical minerals supply chain while promoting environmental stewardship and economic growth.
