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India Imports 1.53 Lakh Tonnes of Lead Scrap in FY24 Amid Battery Boom

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India imported approximately 1,53,500 tonnes of lead scrap valued at around Rs 2,486 crore in FY24. The bulk of these imports originated from the United States, the United Kingdom, and Australia. This significant import volume highlights India's growing dependence on foreign scrap to fuel its expanding battery industry. The trend raises questions about who will control the supply chain as domestic battery demand continues to surge.

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