Expands Operations to Greater Noida with First Strategic Handshake
Greater Noida, India – April 28, 2025 – Addressing the growing demand for recycling energy storage solutions for electric vehicles and the solar industry, Mobec Innovation – mobec.io, today announced its first strategic partner in Greater Noida, a key industrial hub in India, marking the initiation of a pan-India drive. This is a transformative shift in Mobec’s expansion strategy, moving towards strategic partnerships to revolutionise lithium battery recycling.
With this, strategic partners gain access to Mobec’s proprietary technologies, proven processes, and comprehensive and extensive support system, enabling them to efficiently and profitably recycle batteries from a wide range of sources. Mobec’s initiative dovetails with a collaborative and scalable approach to address India’s need for a comprehensive framework for establishing and operating advanced lithium battery recycling facilities.
Sharing his views on the first strategic tie up, Harry Bajaj, Founder and CEO, Mobec Innovation said, “Our strategic partnership model offers a powerful, collaborative approach for organisations looking to capitalise on the burgeoning green economy while making a significant contribution to environmental sustainability. Our first Strategic Partnership is the beginning of a new era in this $13 bn industry opportunity.”
Mobec is also in advanced talks with several other potential strategic partners in key locations, indicating a strong interest in its sustainable business model.
“Together, we can create a cleaner, greener future for India while building thriving, sustainable businesses.” Bajaj added further.
Currently, Mobec is focusing on consumer electronics, electric vehicles (EVs), energy storage systems (ESS), and industrial equipment, as these key sectors are expected to generate significant battery waste. Within this focus, the company is also prioritizing advancements in ESS, lithium battery recycling, and power backup generators—laying the groundwork for upcoming expansion initiatives aimed at scaling plant operations and accelerating the circular economy.