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Tata Chemicals planning to set up factory to make lithium-ion cells: Report

18 Jul 2019 Evaluate

Tata Chemicals is reportedly planning to set up a factory to make lithium-ion cells, in order to capitalize on the emerging electric vehicle (EV) industry in India.

The company is also planning to undertake research and development (R&D) on lithium-ion technology to develop suitable applications for the domestic market, especially the EV industry.

Tata Chemicals is the second-largest producer of soda ash in the world with manufacturing facilities in India, UK, Kenya and USA. It is India’s leading crop nutrients player and a leading player in crop protection business through its subsidiary Rallis India.

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Company Name CMP
Godrej Industries 917.75
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BASF India 3089.60
Pidilite Inds. 1442.80
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