| |APRIL 20219ous supply of good quality cells for battery packs or securing raw mate-rials for making cells. Lohum's supply chain solution targets exactly those two areas of struggle by delivering cells and rare earth materials that will keep the battery manufacturing supply chain fulfilled. Reusing and recycling results in stabilizing the supply chain, allevi-ating resource constraints and even-tually in creating a circular economy. This results in a huge positive impact on environment by reducing carbon credits and conserving valuable raw materials.As the industry starts assuming scale, there will be a need for greater automation, better OEM and customer service and enhanced standards across the ecosystem. We are still in early days of the market but I do see India becoming a competitive alternative to China for supplying Lithium Ion Battery Packs to the entire world. There certainly are hurdles to overcome, but the potential is immense both in terms of job opportunities as well as bringing much needed export revenues to the country. While it's great that the battery space has generated a lot of interest amongst both early-stage entrepreneurs and large companies, the problems to make an efficient, reliable and safe battery pack are not easy
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