No supply chain concerns, 40% biz expected from domestic market: GFL CEO

GFL discusses the company's plans to deploy their existing backend supply chain of flourspar and its Moroccan mines with new age technology to develop modern battery solutions

GFCL EV Products, wholly owned subsidiary of BSE-listed Gujarat Fluorochemicals Limited (GFL), recently announced a Rs 6,000 crore investment to ramp up the production capacity of battery materials for electric vehicles. Bir Kapoor, deputy managing director and chief executive officer, GFL, in a video interview with Nitin Kumar discusses the company’s plans to deploy the existing backend supply chain of flourspar and its Moroccan mines to develop modern battery solutions. Edited excerpts:

What are the growth prospects of your business?

Decarbonisation and transition to renewable energy will boost our market. Our Rs 6,000 crore investment will enable us to supply around 200