Thursday 18 April 2024

Lithium battery giant Sieger Tech welcomes new COO

As per IBEF, India's lithium-ion battery industry is poised for exponential growth, with the recycling market estimated at 22-23 GWh by 2030. Predicted to surge from 2.9 GWh in 2018 to about 132 GWh by 2030, this sector shows a remarkable CAGR of 35.5%.

Sieger Tech has long been at the forefront of innovation in India's lithium-ion battery and Battery Energy Storage Systems (BESS) market. The company has recently appointed Kuldeep Magiri, former Head of Operations at Varroc, as its new Chief Operating Officer (COO). Kuldeep's extensive industry experience and strategic vision align perfectly with Sieger's goals of innovation, sustainability, and market dominance. 

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