Business
Munoth Industries' Lithium Cell Facility at Tirupati
Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar will launch the pre-production run of India's first Lithium cell manufacturing facility in Tirupati, Andhra Pradesh today (16 September).
This state-of-the-art facility has been set up by the Chennai based Munoth Industries Limited with an outlay of Rs 165 crore.
The facility is located in one of the two Electronics Manufacturing Clusters (EMCs) set up in the temple town, by Prime Minister Narendra Modi in 2015, the Ministry of Electronics and IT said in a release on Thursday (15 September).
The installed capacity of the plant at present is 270 Mwh and can produce 20,000 cells of 10Ah capacity daily.
Cells for other consumer electronics like mobile phones, hearable and wearable devices will also be produced, it added.
At present, India imports complete requirements of lithium-ion cells primarily from China, South Korea, Vietnam and Hong Kong.
The inauguration of this plant will be a step in the direction for realising Prime Minister Modi’s vision of making India the global hub of electronic manufacturing, Chandrasekhar said before leaving for Tirupati.
Chandrasekhar will also visit the Dixon Technologies and United Telelinks facilities located in the two EMCs.