Li-Ion battery manufacturer RCRS Innovations to invest INR 50 cr to scale capacity – ET Auto
Baua Electric
MARCH 20, 2024
New Delhi: Noida-based RCRS Innovations Ltd , which owns lithium-ion battery manufacturer EXEGI , will invest INR 50 crore this year to expand its capacity and introduce new product lines. The market for clean energy storage solutions, powered by Lithium-Ion batteries, is likely to surpass INR 40,000 crore in the next five years, Goyal said.
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