Andhra Pradesh Approves ₹2,500 Crore Cathode Plant in Chittoor
Andhra Government clears Rs 2,500 crore NSPSL cathode plant in Chittoor
The Economic Times
Image: The Economic Times
The Andhra Pradesh government has approved an investment of over ₹2,500 crore (approximately $300 million USD) by NSPSL Speciality Chemicals Pvt Ltd to establish a cathode material manufacturing facility in Chittoor district. This project aims to bolster local production of critical components for lithium-ion batteries, supporting the state's electronics and electric vehicle sectors.
- 01The Andhra Pradesh government approved a ₹2,500 crore investment for a cathode material plant.
- 02The facility will be located in Gudupalle mandal, Chittoor district.
- 03Cathode materials are essential for lithium-ion batteries used in electric vehicles and electronics.
- 04The project aims to reduce India's dependence on imported battery components.
- 05It aligns with the Andhra Pradesh Electronics Component Manufacturing Policy (2025-30).
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The Andhra Pradesh government has greenlit an investment of ₹2,500 crore (approximately $300 million USD) by NSPSL Speciality Chemicals Pvt Ltd to construct a cathode material manufacturing facility in Chittoor district. Spanning 105 acres in Gudupalle mandal, this project is pivotal for localizing cathode materials, which are crucial for lithium-ion batteries that power electric vehicles and consumer electronics. The establishment of this facility is expected to enhance India's manufacturing capabilities, reduce reliance on imports, and support the country's transition towards electrification and renewable energy. The project falls under the Andhra Pradesh Electronics Component Manufacturing Policy (2025-30), emphasizing the state's commitment to scaling up its electronics manufacturing sector and strengthening its position in the global supply chain.
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The establishment of the cathode plant will create jobs and boost local economic activity in Chittoor district. It will also support the growth of the electric vehicle and electronics sectors in India.
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