Munoth-CosMX joint-venture to ramp up lithium-ion manufacturing in India
The Economic Times·2025-10-02 18:30
Chennai-based lithium-ion (Li-ion) cell manufacturer The venture, subject to regulatory approvals, plans an initial investment of ₹500 crore to expand capacities at Munoth's existing Tirupati campus, where it already produces Li-ion cells for power banks purchased by US-based Anker, among others.Earlier this month, Japan's Contract manufacturer Live EventsIndustry executives said Dixon will invest ₹500-600 crore in a new facility to produce Li-ion cells for captive consumption as well as for supply to othe ...