ChemVolt Global to Set up 5 GWh Lithium-Ion Cell Gigafactory in Andhra Pradesh; INR 2,500 Crore Investment Planned
Jan 20, 2026
New Delhi [India], January 20: ChemVolt Global has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to set up a 5 GWh lithium-ion cell manufacturing gigafactory in the state with a planned investment of INR 2,500 crore. The project is aimed at strengthening India's domestic cell manufacturing capacity to support grid-scale energy storage (BESS), clean mobility and commercial & industrial energy storage needs, while building a wider supplier and services ecosystem around advanced battery manufacturing.