CapEx News

Himadri Invests $4.43 million in IBC for Battery Materials Growth

Manufacturing May 23,2025

Himadri Speciality Chemical invested USD 4.43 million for a 16.24% stake in International Battery Company (IBC), gaining a board seat. IBC operates a 50 MWh lithium-ion battery facility in South Korea

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North American companies such as Lam Research, IBC and Qualcomm sign MoUs at Karnataka Investors Summit

Manufacturing Feb 11,2025

Several North American companies signed MoUs with the Karnataka Government during the Karnataka Investors Summit to invest in India. Lam Research pledged Rs 236 crore, while the International Battery

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IBC to establish Rs 390 crore giga factory unit in Bengaluru

Manufacturing Jan 16,2025

International Battery Company (IBC) plans to set up a Rs 390 crore lithium-ion gigafactory in Karnataka, generating 300 jobs. The facility, in partnership with Mahanagar Gas Limited, will produce ba

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Karnataka govt approves 64 projects worth Rs 3,587.67 crore

Manufacturing Jun 25,2024

Karnataka's 146th State-Level Single Window Clearance Committee approved 64 projects totaling Rs 3,587.67 crore, set to generate 13,896 jobs. Significant investments include Rs 390 crore by Inter

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Exide Energy seeks additional forty acresof land in Devanahalli Industrial area

Manufacturing Aug 22,2023

Exide Energy, a prominent automotive and industrial battery manufacturer, has requested an additional forty acres of land from the Karnataka government for the second phase of their ambitious project.

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Karnataka govt & IBC sign MoU to establish recyclable Lithium-ion battery plant

Manufacturing Aug 02,2023

The Karnataka government and the US-based International Battery Company (IBC) signed an MoU to set up a recyclable lithium-ion battery manufacturing facility in the state for a Rs 8,000 crore (USD 1 B

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