Exide to Procure 80 Acres of Land in Bengaluru to Set Up Lithium-Ion Gigafactory

The company will invest ₹60 billion (~$789.53 million) in the cell facility

July 29, 2022

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Exide Energy Solutions, a wholly owned subsidiary of Exide Industries, has signed a lease-cum-sale agreement with Karnataka Industrial Area Development Board (KIADB) to procure an 80-acre land parcel at Hitech Defence and Aerospace Park, Phase-2, Bengaluru.

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Gourav Mishra

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Exide to Procure 80 Acres of Land in Bengaluru to Set Up Lithium-Ion Gigafactory

Continue Reading with Premium Access

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