Business Update21 Dec 2023, 08:41 pm
Ami Organics Signs MOU with Global Electrolyte Manufacturer
AI Summary
Ami Organics Limited has signed a non-binding MOU with a global manufacturer of electrolytes for the manufacturing of electrolytes for battery cells and allied materials. The company will also sign an MOU with the Government of Gujarat for investment amounting up to Rs 300 crores for a dedicated manufacturing facility for electrolytes business in the state of Gujarat.,
Key Highlights
- Ami Organics signs MOU with global electrolyte manufacturer
- Investment of Rs 300 crores for dedicated manufacturing facility
- Alignment with Government's Make in India initiative
- Expansion into battery chemicals space
- Commitment to environmental sustainability