Building the industrial backbone
of India's clean energy future

A technology-led business at the intersection of advanced manufacturing, EV supply chain, and battery materials.

Navin Agarwal
"India's role in the global energy transition will be defined not by what it buys, but by what it builds. N.A.N. GreenMet is being built to do exactly that — across advanced manufacturing, EV supply chain, and battery materials."
Navin Agarwal · Founder & Chairman, N.A.N. GREENMET PVT. LTD.

Vice Chairman of Vedanta and architect of its transformation into a USD 25 billion+ leader across commodities and energy — four decades spent at the intersection of capital, technology, and industrial scale.

Built for industries
defining the next decade and beyond

We manufacture the materials and components powering electric vehicles, AI infrastructure, and energy storage systems — the demand centres of the global energy transition.

Electric Vehicles Artificial Intelligence Energy Storage Systems
Electric vehicle on a forest highway
Electric Vehicles
AI-driven computing
AI Infrastructure
Grid-scale battery energy storage
Energy Storage Systems

Three Businesses. One mission.

Each independently significant — together an integrated clean energy and critical minerals ecosystem.

Battery Materials
European JV
Battery Materials
JV with European Partner
Powering electric vehicles and AI-scale energy storage
Li-ion recycling from EVs, electronics & storage
Materials powering electric vehicles & EV supply chains
Energy storage solutions for AI data centres & the grid
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Rare Earth Magnets
Global Tech
Rare Earth Magnets
Global Technology
Ending India's dependence on imported EV magnets
Sintered NdFeB magnets for EV traction motors
Integrated oxide-to-magnet value chain
EV traction motors, wind turbines & power generation
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Precision Blasting
American JV
Precision Blasting Solutions
JV with American Partner
Every critical mineral begins with a blast
Precision blasting enabling critical mineral extraction
Electronic detonators & initiation systems
Critical Infrastructure and Mining projects
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Our Businesses

Three Businesses at the frontier of India's clean energy economy

Each business is independently significant. Together, they form an integrated value chain across critical minerals, battery materials, and industrial enablement.

Battery Materials
01
European JV
Battery Materials
Li-ion Battery Recycling
JV with European Partner · Andhra Pradesh
Powering electric vehicles and AI-scale energy storage
Li-ion recycling from EVs, electronics & storage
Materials powering electric vehicles & EV supply chains
Energy storage solutions for AI data centres & the grid

India imports nearly all battery-grade critical minerals. This business closes that loop domestically — reducing import dependence for every EV made in India.

Rare Earth Magnets
02
Japanese Tech
Rare Earth Magnets
N.A.N. MagneTech
Global Technology Partnership
Ending India's dependence on imported EV magnets
Sintered NdFeB magnets for EV traction motors
Integrated oxide-to-magnet value chain
EV traction motors, wind turbines & power generation

Global rare earth magnet supply is concentrated in one country. N.A.N. MagneTech builds India's first sovereign oxide-to-magnet facility.

Precision Blasting
03
American JV
Precision Blasting
Precision Blasting Solutions
JV with American Partner · 100+ years partner experience
Every critical mineral begins with a blast
Precision blasting enabling critical mineral extraction
Electronic detonators & initiation systems
Critical Infrastructure and Mining projects

There is no battery without mining. Precision matters at every step of the clean energy chain — NAN delivers it at the very first one.

01 · Battery Materials

Li-ion Battery Recycling

Closing the battery loop for India's EV economy

As EV adoption accelerates, end-of-life battery volumes will multiply. We are transforming this waste stream into a domestic, circular, sovereign supply of battery-grade materials.

Our European JV Partner is a European leader in battery material processing with proprietary hydrometallurgical technology. This JV combines their world-class IP with our industrial execution capability and local market depth.

Strategic Context

India imports nearly all of its battery-grade critical metals. We are building the domestic circular economy infrastructure that India's EV and energy-storage future requires.

What We Produce & Who We Serve

Key Outputs & End Markets

Key Outputs

Black Mass processing intermediates

Battery-grade metal salts — Li, Co, Ni, Mn

pCAM — Precursor Cathode Active Material

CAM — Cathode Active Material

End Markets

EV battery cell manufacturers — India & globally

AI data centre energy storage (BESS)

Grid-scale energy storage systems

Consumer electronics supply chains

Get in Touch

Interested in Battery Materials?

For partnership, supplier, or offtake enquiries, we would be pleased to connect.

02 · Rare Earth Magnets

N.A.N. MagneTech

The magnet inside every electric motor — made in India

Global rare earth magnet supply is overwhelmingly concentrated in China. We are building India's answer — a fully integrated oxide-to-magnet facility using cutting-edge global manufacturing technology.

Our global technology partner brings the world's most advanced sintered NdFeB magnet manufacturing process — the highest energy density commercial magnet technology available. The partnership combines proven global industrial IP with our execution capability for the Indian market.

Strategic Context

There is no EV industry without rare earth magnets. We are building the domestic capability that makes India's EV future self-reliant.

What We Enable & Where It Goes

Applications & Technology Edge

Applications

EV traction motors — India's automotive OEMs

Defence — radar and drone propulsion systems

Wind turbines and power generation

Industrial motors and automation

Technology Edge

Sintered NdFeB Magnets — world's highest performance

Oxide to finished magnet — fully integrated

Production scrap recycling loop built-in

Dr. Masato Sagawa — inventor of NdFeB magnets

Manufacturing Value Chain

⛬NdPr OxideRaw input
🔥AlloyMelt & cast
💨PowderJet milling
▶Press & SinterAlignment
⚙MachiningPrecision
♾Scrap RecycleProduction loop

Get in Touch

Interested in N.A.N. MagneTech?

For supplier, off-take, or partnership enquiries, we'd be glad to connect.

03 · Precision Blasting

Precision Blasting Solutions

The first step in every battery begins underground

Every critical mineral inside every battery — lithium, cobalt, nickel, manganese — comes out of the ground. Precision blasting is what makes that extraction safe, efficient, and economically viable. We deliver this capability to India.

Our American JV Partner is one of the world's foremost industrial blasting solutions companies, with operating experience across 40+ countries. This JV brings their proven technology and global best practices to India's large and rapidly growing market.

Strategic Context

There is no battery without mining. Precision matters at every step of the clean energy chain — and we deliver it at the very first one.

What We Provide & Who We Serve

Product Portfolio & Target Sectors

Product Portfolio

Bulk emulsions and packaged blasting solutions

Electronic detonators and initiation systems

Blast design and optimisation services

Safety systems and monitoring technology

Target Sectors

Critical mineral mining

Hydropower and renewable energy construction

Roads, tunnels, civil infrastructure

Limestone and cement quarrying

Get in Touch

Interested in Precision Blasting Solutions?

For distribution, or partnership enquiries, we'd be glad to connect.

Leadership & Senior Advisors

Where conviction meets capability. The advantage is in the execution.

Navin Agarwal
Founder & Chairman
Navin Agarwal

Navin Agarwal is an eminent business leader who has been central to building one of India's most consequential industrial enterprises — Vedanta — into a global leader across commodities and energy with global revenues exceeding USD 25 billion.

As Vice Chairman of Vedanta, he has spent four decades at the intersection of capital, technology, and industrial scale — building leadership pipelines, driving large-scale acquisitions, and navigating multi-geography, multi-commodity operations.

N.A.N. GreenMet is his conviction bet on India's next industrial chapter — bringing everything he has experienced to the opportunities in EVs, critical minerals, and clean energy manufacturing.

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Dr. John Ormerod
Dr. John Ormerod
Chairman Technology Board- N.A.N. MagneTech

Dr. John Ormerod leads our magnetics strategy, technology selection, and market positioning across the EV value chain. A global authority in rare earth magnetics with more than 40 years of leadership in the field, he holds a BSc, MSc, and PhD in Metallurgy from the University of Manchester.

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Naivedya Agarwal
Naivedya Agarwal
Co-Founder & Director

Naivedya Agarwal is Co-Founder and Director of N.A.N. GreenMet, and Co-Founder and Managing Director of Runaya, a leading sustainable manufacturing company. An MBA from London Business School, he previously worked at Boston Consulting Group and J.P. Morgan.

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Dr. Gaurav Shukla
Dr. Gaurav Shukla
Deputy CEO, N.A.N. MagneTech

Dr. Gaurav Shukla is Deputy CEO of N.A.N. MagneTech, leading operations, technology, and the greenfield manufacturing build-out. He brings 20+ years across rare earth materials, magnet technologies, advanced batteries, and specialty alloys. A PhD from IIT Guwahati.

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Annanya Agarwal
Annanya Agarwal
Co-Founder & Director

Annanya Agarwal is Co-Founder and Director of N.A.N. GreenMet, and a Co-Founder of Runaya. An alumnus of Emory University, he built his strategic expertise through professional stints at McKinsey & Company, and Standard Chartered Bank.

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S.L. Bajaj
S.L. Bajaj
Finance Director

S.L. Bajaj leads the finance team at N.A.N. GreenMet, drawing on nearly four decades of CFO-level leadership across some of India's largest industrial businesses. A Chartered Accountant, he has served as CFO of Polycab Industries and Hindustan Zinc.

Navnath Vhatte
Navnath Vhatte
Technical Director

Navnath Vhatte is Technical Director at N.A.N. GreenMet, drawing on 40 years in steel and power to lead operational excellence, safety, and cost management. An Electrical Engineer with an MBA in Finance.

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Shrusti Mehta
Shrusti Mehta
Finance

Shrusti Mehta leads finance for N.A.N. GreenMet. A Qualified Chartered Accountant with 9+ years of experience, she has previously worked at Innergize Solutions, Deloitte, and GBCA & Associates.

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Shrutika Patil
Shrutika Patil
Business Development

Shrutika Patil leads business development at N.A.N. GreenMet, evaluating growth opportunities, strategic partnerships, and new corporate-strategy initiatives. She previously held roles at Tata Communications and GEP Worldwide.

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Shalki Khanna
Shalki Khanna
PR

Shalki Khanna leads Communications, Marketing, and Branding at N.A.N. GreenMet. With 10+ years of experience, including roles at Travel Food Services Ltd and MouthShut.com, she has pursued Strategic Management at IIM Kozhikode and holds an MBA from K.J. Somaiya Institute of Management.

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Kedar Kailaje
Kedar Kailaje
Senior Analyst

Kedar Kailaje supports portfolio strategy, research, and investment analysis at N.A.N. GreenMet. A former Morgan Stanley analyst covering Indian equities, he holds an MBA from Institute of Management Technology and has cleared CFA Level III.

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Pooja Sharma
Pooja Sharma
Analyst

Pooja Sharma supports finance, accounts, and compliance execution at N.A.N. GreenMet. She previously worked at Reliance Jio and holds an MBA from ICFAI Business School.

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Senior Advisors
Dr. Deependra Singh
Dr. Deependra Singh
Rare Earth & Critical Minerals

Dr. Deependra Singh shapes N.A.N. GreenMet's rare earth strategy and critical minerals approach, working hands-on to build our capability. As Former CMD of Indian Rare Earths Limited, he built India's indigenous rare earth upstream eco-system and magnet capabilities over a 37+ year career spanning rare earths, critical minerals, strategic materials, and relevant industrial policy.

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Krishnamohan Narayan
Krishnamohan Narayan
Industrial Strategy & Chemicals

Krishnamohan Narayan drives N.A.N. GreenMet's specialty chemicals, battery materials, and manufacturing strategy. As Former CEO of BASF India, he led one of the country's most significant industrial chemicals businesses.

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Farokh Pandole
Farokh Pandole
Capital Markets & Investments

Farokh Pandole leads N.A.N. GreenMet's approach to capital markets, investments, and long-term value creation. Founder of Avestha Fund Management PMS (₹1,500+ Cr AUM). Previously Alliance Capital, Citigroup, Bank of America, Merrill Lynch, and HDFC Life. Harvard and Wharton alumnus.

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Sachidanand Mavinkurve
Sachidanand Mavinkurve
EV & Battery Ecosystem

Sachidanand Mavinkurve drives N.A.N. GreenMet's OEM off-take strategy and its position across the EV and battery ecosystem. He brings 30+ years across EV operations, R&D, and strategic sourcing, including senior roles at Exide Industries and Okaya Power, and was CEO of a lithium-ion JV with Kinetic Green.

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Shamik Basuray
Shamik Basuray
Mining Services & Blasting

Shamik Basuray steers N.A.N. GreenMet's commercial strategy and multi-market growth. He brings 30+ years in value-added mining services at Orica, 3M, and GE Plastics, including as MD of Orica India & SAARC.

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Sunil Shah
Sunil Shah
Finance & Operations

Sunil Shah embeds financial rigour, operating discipline, and sustainable industrial performance into how N.A.N. GreenMet runs. He brings 25+ years of finance leadership, including as Director and CFO of Orica India.

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News & Media

In the press

Coverage, announcements, and commentary on N.A.N. GreenMet and India's critical minerals and clean energy ecosystem.

Press releases and media coverage will appear here.

Media Enquiries

For press and media requests

For interviews, press releases, background information, or media partnerships, please reach out to our team directly.

N.A.N. GreenMet Pvt. Ltd.
Unit 2002, 20th Floor, Altimus
P Budhkar Marg, Worli
Mumbai, Maharashtra 400018

media@nangreenmet.com

Connect

Let's build something significant

Whether you are an investor, strategic partner, customer, or supplier — we would be glad to hear from you.

Send Us a Message

N.A.N. GreenMet Pvt. Ltd.
Unit 2002, 20th Floor, Altimus
P Budhkar Marg, Worli
Mumbai, Maharashtra 400018

info@nangreenmet.com