Current Date: 22 Nov, 2024

Kabra Extrusiontechnik Announces ₹101 Crore Battery Packs Project

Kabra Extrusiontechnik Limited is embarking on a transformative expansion with its Battery Packs Project in Chakan, Pune, Maharashtra. With an investment of 101 crores INR, this venture aims to significantly enhance the production capacity of battery packs, reaching an impressive 600,000 units annually.

The expansion underscores Kabra Extrusiontechnik's commitment to innovation and diversification. By entering the burgeoning battery packs market, the company is poised to capitalize on the growing demand for energy storage solutions in various sectors, including automotive, renewable energy, and consumer electronics.

Located in Chakan, Pune, Maharashtra, the project benefits from the region's strategic position in the heart of India's manufacturing hub. This prime location offers access to skilled labor, infrastructure, and market opportunities, facilitating the efficient production and distribution of battery packs across the country.

Sustainability is a key focus of Kabra Extrusiontechnik's expansion project. The company plans to implement eco-friendly manufacturing practices, such as energy-efficient production processes and recyclable materials, to minimize environmental impact and promote a greener future.

Upon completion, the Battery Packs Project is expected to create employment opportunities, stimulate economic growth, and contribute to the advancement of Maharashtra's industrial sector. Kabra Extrusiontechnik's expansion marks a significant milestone in its journey towards becoming a leader in the battery packs market, driving innovation and progress in the energy storage industry.

News by Rahul Yelligetti

Source : Projxnews