Himadri Bets Big on EV Transition with ₹1,613 Cr Expansion

Himadri Speciality Chemical has unveiled a strategic growth roadmap aimed at becoming a key materials provider for the global energy transition. According to its Q2 investor presentation, the company plans to deploy ₹1,613 crore across greenfield and brownfield projects by Q4 FY26. Key allocations include ₹1,125 crore for lithium iron phosphate (LFP) cathode active materials, ₹248 crore for specialty chemicals, alongside investments in carbon nanotubes (CNT) and super specialty carbon black. Chairman & CEO Anurag Choudhary reaffirmed Himadri’s commitment to sustainable execution, capacity scaling, global expansion in battery materials, and securing a spot among the top three non-China coal tar pitch suppliers globally.

News by Rahul Yelligetti.