Battery and UP Manufacturing Business Investment Opportunities

The company has signed an MoU & received G. O from the government to invest INR 290 crore and create 350 jobs. The government has awarded a 20% capital subsidy on the investment and we will receive INR 58 crore & other incentives like an employment pension refund, a land subsidy of up to 50%, a tax rebate, and others. The company has leased 7 acres of land in Avadi Outer Ring Road Chennai & acquired 3.6 acres in Sriperumbudur for the factory & future development. - The company is setting up a 2-gigawatt prismatic module & pack manufacturing facility and scaling it to 20 gigawatts in the existing land parcel with state-of-the-art automated equipment & plant. - Entered a technology partnership & cell supply agreement with global leading cell manufacturing companies. - Team has vast experience in lithium-ion phosphate batteries with the CTO having managed a 30 gigawatt battery manufacturing facility in the UK. The factory will be operational in August next year.

We have developed a prototype that will provide electricity to any e-car battery available worldwide. - It is a generator that produces electricity without using any fossil fuel. It produces 12 V electricity (9 AH) - We have used a sensor which detects whether the battery is empty (turn it on) or full (turn it off). - It will recharge e-car batteries and turn off automatically when the battery is full. - This generator will be placed within e-car trunk. - Alternatively it can also be used to produce electricity for home appliances. - Planning to register the product under a patent pending funding. - Interested to find a partner for this product to take over the product and make of it a worldwide product.

Business manufactures and markets stabilizers (for domestic use and industrial use) and UPS devices. - There are about 400-500 distributors in the company's network for the domestic stabilizers. - Most customers for industrial stabilizers are from the Eastern region.