Monday, November 4, 2024

Battery Recycling Plant: LOHUM’s ₹2,000 Crore Investment

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LOHUM to Invest ₹2,000 Crore in India’s Largest Battery Recycling Plant

LOHUM to Invest ₹2,000 Crore in India’s Largest Battery Recycling Plant

LOHUM is not just focusing on India; it has ambitious plans for global expansion. The company is setting up another plant in the United Arab Emirates and has intentions to expand into North America, the European Union, and other regions. Recently, LOHUM raised $54 million in a Series B funding round led by Singularity Growth and other investors, which will fuel this international growth and strengthen their research and development efforts.

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