Japanese Firms Suzuki, Toshiba And Denso To Turn Their Li-Ion Battery Manufacturing Plant In Gujarat Into An Export Hub

In a big win for the government's Make in India programme and Prime Minister (PM) Narendra Modi's clarion call for the building of an Atmanirbhar Bharat, Japenese companies Suzuki Motor Corporation, Toshiba Corporation and Denso Corporation plan to turn their under construction joint Lithium (Li)-ion battery manufacturing unit in Gujarat into a global export hub, reports Livemint.

The first such facility in India for manufacturing of Li-ion cells, the unit called TDS Lithium-ion Battery Private Limited is set to open up in April with the assembling of battery packs. Eventually, the factory will graduate to domestic production of the Li-ion cells around 2024-25.

According to M K Das, Gujarat's additional chief secretary for Industries and Mines, the three firms have big expansion plans in the coming year in a phased manner.

"They not only want to cater to the domestic market but, given that Gujarat also has port facilities, they also will be able to have market access in other countries as well," Das was quoted as saying.