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Himadri Chemical to Establish INR48 Billion Li-ion Battery Components Plant in Odisha

Chemicals & Petrochemicals | Battery Storage | Investments

Himadri Speciality Chemical plans to invest INR48 billion (~$575.87 million) over five to six years to set up a Lithium Iron Phosphate (LFP) Cathode Active Material manufacturing facility in Odisha. The plant will have an annual production capacity of 200,000 MT, with the first phase set at 40,000 MT. Operations are expected to start within 27 to 36 months.

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