India approves 58 entities for critical-mineral recycling incentives
→Approved recyclers must move projects to production before incentive support flows
Change
India's Ministry of Mines approved 58 entities as eligible participants under the Incentive Scheme for Promotion of Critical Mineral Recycling.
Why it matters
Eligibility assessment is now closed under the scheme notified October 2, 2025. Approved entities still need capacity build and production commencement before financial support is considered. The Project Management Agency cleared 20 entities on March 30 and 38 on April 29.
Implications
- → Approved recycling entities must move eligible projects into execution and production — incentive support is tied to capacity development, not approval alone.
- → Battery, e-waste and industrial-scrap recyclers must align project documentation with scheme eligibility — unsupported capacity may not qualify for financial support.
- → Project finance teams at approved entities must schedule capex and commissioning around production readiness — delayed execution can defer incentive consideration.
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Source
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