Exide Energy, which has undertaken the work of setting up a lithium battery cell plant at Devanahalli Industrial Area 2nd phase, has intended to double up its production capacity and sought additional 40 acres of land in this connection, said the company in a statement.
The company leadership team led by Managing Director and CEO Mandar V. Deo met large and medium industries minister MB Patil on Monday and submitted a proposal in this regard.
“The company has already taken up the work of setting up a plant of 6,000 gigawatts production capacity in Devanahalli Industrial Area 2nd phase.
