Exide Vitality, which is presently establishing a lithium battery cell plant at Devanahalli Industrial Space 2nd part, close to Bengaluru, has determined to double its manufacturing capability.
The corporate has requested the Karnataka authorities for added 40 acres of land. Exide Vitality management, led by Managing Director and CEO Mandar V. Deo, met Giant and Medium Industries Minister M.B. Patil on August 21 to submit their proposal.
The corporate is within the means of establishing a plant of 6,000 gigawatts (GW) manufacturing capability in Devanahalli Industrial Space 2nd part. The plant is predicted to start operations in 2024, mentioned the Minister. “Along with this, Exide Vitality wishes so as to add one other 6,000 gigawatts of manufacturing capability. The entire funding for the 2 crops can be ₹6,000 crore,” the Minister added.
Mr. Patil mentioned the federal government is eager on rising the electrical car (EV) sector in Karnataka.