Tata Group plans Rs 13,000-crore lithium-ion cell facility in Gujarat

The initial manufacturing capacity of the plant would be 20 gigawatts hours

Tata Group has committed an investment of Rs 13,000 crore to set up a lithium-ion cell manufacturing unit in Gujarat, CNBC-TV18 reported on June 2.

The initial manufacturing capacity of the plant would be 20 gigawatts hours, the channel said.

A Memorandum of Understanding (MoU) was signed between the Government of Gujarat and Agartas Energy Storage Solution, the Tata Group subsidiary, in the presence of Chief Minister Bhupendra Patel.

The manufacturing facility is anticipated to meet the country’s rising demand for lithium-ion batteries. The announcement comes as the government is making a significant push for electric mobility in the country.

Expressing hope that the manufacturing unit will generate large-scale employment, the CM tweeted the project will help in establishing a lithium-ion cell manufacturing ecosystem in the state.

“As the state government commits to a vision to reduce carbon emissions by increasing the production of electric vehicles, reliance on lithium-ion batteries will also increase significantly as EV usage increases,” the CM tweeted in Gujarati.