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Tag: cell manufacturing

Indigenous EV battery manufacturing to make India a global export hub

September 29, 2022September 29, 2022News Desk

“Indigenous EV battery manufacturing, will increase local EV adoption and make India a large export hub in the world. However, the nation needs to invest over $10 billion to boost cell manufacturing and raw material refining, just to serve the local demand of Li-ion batteries by 2030, and to create 1 million new jobs,” says […]

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Exide announces Rs. 6000-crore investment in Karnataka

April 4, 2022April 4, 2022News Desk

Exide Industries has announced an investment of Rs. 6000 crores in Karnataka as part of its plans to set up a Lithium-ion cell manufacturing giga factory in the state. Subir Chakraborty, MD & CEO, Exide Industries, met with Basavaraj Bommai, Karnataka CM, and his team to confirm the investment. Exide has requested 80 acres of land in the Haraluru Industrial Area near […]

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