· Manufacturing & Investment · Source: m.economictimes.com

Multiple firms get into Li-ion cell production amid rising demand

Indian firms are rapidly expanding lithium-ion cell production to meet soaring electronics demand. Munoth Industries partners with China’s CosMX, TDK opens a 200-million-pack plant in Haryana, and Dixon Technologies sets up a new facility. Supported by the government’s ECMS scheme, these ventures aim to supply smartphones, laptops, and wearables, boosting domestic manufacturing and reducing reliance on imports.

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