India gears up to manufacture lithium-ion cells
POWER & RENEWABLE ENERGY

India gears up to manufacture lithium-ion cells

Hoping to utilise the subsidies worth Rs 18,000 crore announced by the government in the last few months, companies aspiring to produce lithium-ion cells in the country have accelerated their plans.

The production-linked incentive (PLI) scheme announced by the central government could prod these companies to start manufacturing lithium-ion cells, locally, in the next couple of years.

Tata Chemicals has brought land in the Dholera region in Gujarat to set up their lithium-ion manufacturing facility, and may soon start building the infrastructure, two people connected with the development said. The Tata group is likely to pursue the incentives under the PLI scheme and may also start exporting cells from India. One of them said Tata has resuscitated the plans to manufacture the cells after they were put on hold due to the pandemic.

Tata Chemicals, along with other manufacturing companies, could be waiting for the government to come out with the PLI scheme. Tata Chemicals has been revisiting the lithium-ion cell manufacturing projects, and are expected to seek incentives under this scheme like some of the other manufacturers.

China is one of the world’s top lithium-ion cell producers. The lithium-ion cells are the indispensable part of electric vehicles, but India still does not have the necessary infrastructure to start producing them.

The automotive and industrial manufacturers such as Exide batteries and Amara Raja may also diversify into the lithium-ion cells manufacturing sector to be able to reap the benefit of the PLI schemes.

The other person commented that the companies that were eager to break into this new sector were waiting for the government to come up with the PLI scheme. With the advent of the PLI scheme, these firms have started sharing their plans concerning their entry into the lithium-ion manufacturing scene in the country and are further expected to get propelled into the domain of cell manufacturing in the years to follow, he added.

Source- Hindustan Times

Hoping to utilise the subsidies worth Rs 18,000 crore announced by the government in the last few months, companies aspiring to produce lithium-ion cells in the country have accelerated their plans. The production-linked incentive (PLI) scheme announced by the central government could prod these companies to start manufacturing lithium-ion cells, locally, in the next couple of years. Tata Chemicals has brought land in the Dholera region in Gujarat to set up their lithium-ion manufacturing facility, and may soon start building the infrastructure, two people connected with the development said. The Tata group is likely to pursue the incentives under the PLI scheme and may also start exporting cells from India. One of them said Tata has resuscitated the plans to manufacture the cells after they were put on hold due to the pandemic. Tata Chemicals, along with other manufacturing companies, could be waiting for the government to come out with the PLI scheme. Tata Chemicals has been revisiting the lithium-ion cell manufacturing projects, and are expected to seek incentives under this scheme like some of the other manufacturers. China is one of the world’s top lithium-ion cell producers. The lithium-ion cells are the indispensable part of electric vehicles, but India still does not have the necessary infrastructure to start producing them. The automotive and industrial manufacturers such as Exide batteries and Amara Raja may also diversify into the lithium-ion cells manufacturing sector to be able to reap the benefit of the PLI schemes. The other person commented that the companies that were eager to break into this new sector were waiting for the government to come up with the PLI scheme. With the advent of the PLI scheme, these firms have started sharing their plans concerning their entry into the lithium-ion manufacturing scene in the country and are further expected to get propelled into the domain of cell manufacturing in the years to follow, he added. Source- Hindustan Times

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement