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Exide Industries to foray into Li-ion cell manufacturing

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Capital Market
Exide Industries, at its board meeting held today, has decided to set up a multi-gigawatt lithium-ion cell manufacturing plant. It also plans to apply for and participate in the Production-Linked Incentive Scheme for National Programme on Advanced Chemistry Cell (ACC) battery Storage, issued by the Ministry of Heavy Industries.

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First Published: Dec 21 2021 | 1:32 PM IST

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