Tata Group to set up 20 GWh lithium-ion cell plant in Gujarat

Share

Tata Group has signed a memorandum of understanding with the state government of Gujarat to set up a 20 GWh lithium-ion cell manufacturing factory in Gujarat. It will build the proposed facility with an estimated investment of INR 13,000 crore ($1.57 billion) in the initial phase.

According to a government release, the plant is expected to generate direct and indirect employment for more than 13,000 people. 

Building a domestic lithium battery manufacturing base is crucial for India to meet the surging demand arising from the decarbonization of the transport and electricity sectors. While lithium-ion battery manufacturing capacity has been proliferating globally, battery manufacturing in India is yet to take off. As a result, India is dependent on imports to meet its battery requirements.  

According to a CEEW study, India’s lithium-ion battery imports touched $1.8 billion in 2022, which included $1.6 billion (or over 85%) worth of imports from China (including Hong Kong) alone.

 

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.