Epsilon Advanced Materials, a manufacturer of advanced battery materials, has received approval for its Epsilon C2GR anode material project under the Electronics Components Manufacturing Scheme (ECMS) of the Ministry of Electronics and Information Technology, Government of India. The project has been approved for INR 145 crore in capex support, equivalent to 25 percent of the project's capital investment, implying a total project outlay of approximately INR 580 crore. The company is the only one to receive ECMS approval in this tranche for anode material manufacturing, a critical component of lithium-ion cells, positioning it as part of India's effort to build a domestic supply chain for critical battery materials. The company has already commissioned India's first graphite anode material customer qualification plant, EAM-ONE, at Vijayanagar, Karnataka, and is now progressing towards commercial-scale manufacturing following the ECMS approval. It plans to scale graphite anode capacity to 30,000 tons per annum by 2028, with a second phase expanding capacity to 100,000 tons per annum. The company's roadmap is built on indigenous technology development supported by in-house R&D, with capabilities spanning material development, process optimisation and electrochemical validation across coin-cell, pouch-cell and multi-layer pouch-cell formats. It holds 43 patents filed across process, product and equipment technologies, with 50 more planned through 2030. Graphite anode material is a critical component in lithium-ion battery manufacturing, and setting up commercial-scale production capability typically requires equipment such as graphitization furnaces, spheronization and micronization units, coating and surface modification systems, calcination kilns, particle sizing and classification equipment, and quality testing/electrochemical validation lines including coin-cell and pouch-cell assembly and testing stations.