Chemvolt Global to set up a lithium-ion battery facility in Ratlam
Gurugram-based clean-energy and lithium-ion cell manufacturing firm, Chemvolt Global Private Ltd, has plans to develop a lithium-ion battery cell manufacturing facility at Ratlam's Smart Industrial Township in Madhya Pradesh.
The firm will develop the project in 2-phases and will invest Rs 2,500 crore. According to The Economic Times, the firm has applied for 23.90 hectares of land for the project with the Madhya Pradesh Industrial Development Corporation (MPIDC).
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