Hindalco Industries Plans to Invest Rs 800 Crore in Construction of a Battery Foil Production Facility

By July 2025, the battery foil facility will be put into operation. Initially, it will generate 25,000 tons of the robust substance that serves as the foundation for sodium- and lithium-ion batteries.

According to a document from Hindalco, the country’s need for battery-grade aluminium foil is predicted to increase dramatically to 40,000 tons by 2030

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The need for battery materials is increasing quickly, which is being fueled by positive predictions for the EV and grid storage industries.

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Localization of raw materials is essential in these kinds of important industries, according to Hindalco Industries Managing Director Satish Pai.

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As a result, Hindalco is investing in a variety of battery technologies and materials in order to construct Atmanirbhar Bharat.

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Another such step in this regard is the investment in this new battery foil plant, according to Pai.

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