Tata group plans to invest in lithium ion battery manufacturing in Gujarat

Tata group Chairman N Chandrasekaran Friday said the conglomerate plans to invest in lithium ion battery manufacturing in Gujarat.

Speaking here at the Vibrant Gujarat Global Summit, he said group firm Tata Chemicals is also looking to enhance its soda ash capacity to one million tonnes annually.

"Many of our group companies like Tata Chemicals and Tata Motors have very significant presence here. We look forward to continuing our investment in the state," Chandrasekaran said.

Tata Motors' plant at Sanand rolls out Tigor electric car besides manufacturing other models such as hatchback Tiago, compact sedan Tigor and Nano.

"We want to make further investments, not only in manufacturing electric vehicles, but also in lithium ion battery projects here," Chandrasekaran added.

He further said, "We are in discussions with the state government for significantly increasing our capacity of Tata Chemicals to reach one million (10 lakh) tonnes of soda ash."