EU and India Launch Major €15.2 Million/~₹169 Crore Joint Initiative to Revolutionize EV Battery Recycling under the India-EU Trade and Technology Council (TTC)

Business

NEW DELHI — May 6, 2026 — Under the framework of the EU-India Trade & Technology Council (TTC)- Working Group 2 on Green and Clean Energy Technologies , the European Union and the Government of India today announced the launch of a third coordinated call for proposals focused on the Recycling of EV Batteries . With a combined funding pool of €15.2 Million (~ ₹ 169 Crore) , this initiative marks a significant leap in bilateral cooperation to secure critical raw materials and drive the global