Godi India to bring out first domestic made lithium-ion cell by August
Hyderabad-based Godi India is set to become the first Indian company to manufacture lithium-ion cells, by this August.
The company has signed a public private partnership deal with CSIR-CECRI (Central Electrochemical Research Institute) to operate and maintain an advanced Lithium-ion cell manufacturing unit in Taramani, Chennai. It is planning to invest about $3 billion over the next five years.
“We are going to start production from the facility on August 1 and will start delivering to original equipment manufacturers (OEM) within 15 days. It will be the first Indian-made cell to be delivered to OEMs,” said Mahesh Godi, Founder and chief executive officer, Godi India. At present, India is mainly dependent on China and South Korea for imports of lithium-ion cells.
