Exide to set up USD773 million Li-ion cell manufacturing plant in India

Strategic Partnerships

The greenfield gigafactory will be set up by Exide under its strategic collaboration with Chinese battery maker SVOLT Energy

Battery maker Exide Industries plans to invest INR 6,000 crore (about USD773 million) in setting up a lithium-ion battery cell manufacturing plant in India, a report filed by news publication ET Auto said on 27 May 2022.

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