Epsilon Advanced Materials to up India capacity from 200 TPA to 10, 000
Epsilon Advanced Materials, the home-grown maker of materials used in electric vehicle (EV) batteries, plans to increase its production capacity in the country from the existing 200 tonnes per annum (TPA) to 10,000 TPA by the end of 2025.
“Our goal is to take the India capacity to 100,000 TPA but for now 10,000 is enough as it would be sufficient for a 10-gigawatt capacity,” Vikram Handa, the company’s managing director, said in an interview with Business Standard.
This capacity increase is part of Epsilon’s commitment to invest Rs 9,000 crore in India.
