India’s goal of creating a domestic lithium-ion battery supply moved forward this week when Chennai-based Grinntech inaugurated its manufacturing plant.
Constructed on a one-acre plot in Chennai’s Ambattur Industrial Estate at a cost of Rs. 100 Crores ($13.6 million), the facility will have the capacity to produce 400MWh of lithium-ion batteries a year.
The investor-backed start-up specialises in batteries for two and three-wheelers, farm tractors and light vehicles.
The inauguration follows a memorandum of understanding with the Government of Tamil Nadu last October.
Puneet Jain, co-founder of Grinntech, said: “Our state-of-the-art plant is a modern facility that will leverage the infrastructural and supply chain advantages of our strategic location.
“We have installed an optimal level of automation and have deployed contemporary quality control principles keeping in mind the quality expectations of our customers and our own productivity and safety targets.”
The facility will also manufacture Grinntech’s proprietary battery management systems, and include an R&D wing to help Grinntech address the growing demands and anticipated growth of electric vehicles (EVs) in India.