Epsilon Group to invest Rs 15,350 crore in Karnataka for EV battery and materials development.

Epsilon Group plans to invest Rs 15,350 crore over a decade in Karnataka to build a facility for EV battery testing and advanced materials manufacturing. This investment aims to enhance India's EV ecosystem, create thousands of jobs, and decrease reliance on imports. The project includes building manufacturing plants for battery materials and a research center for testing and training, aligning with India's goal of self-reliance in battery technology.

5 weeks ago
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