Endurance Technologies to Invest ~Rs. 473 Million in New Lithium Ion Battery Packs Manufacturing Facility

Endurance Technologies Limited is setting up a new manufacturing facility to produce Lithium Ion Battery Packs for mobility applications and battery energy storage systems for other applications. The new facility, to be set up at Mindewadi, Taluka Maval, District Pune, Maharashtra, will require an estimated capex of ~Rs. 473 million. The proposed capacity addition is ~35,000 packs per month, with the capacity to be added in phases beginning from Q4 of the financial year 2025-26. This strategic initiative is aimed at meeting the growing demand in sectors promoting sustainability in mobility and other applications.