StockWatch
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Packaging
Investment11 Aug 2026, 03:00 pm

TCPL Packaging to Invest ₹125 Cr in Lithium-Ion Battery Separator Films

AI Summary

TCPL Packaging Ltd announced its strategic entry into the lithium-ion battery separator films manufacturing business through a proposed subsidiary. The company plans to invest approximately ₹125 crore over the next 18 months, with commercial production targeted for Q4 FY2028. This move leverages TCPL's existing capabilities in polymer processing and precision manufacturing, positioning the group within India's growing new-energy materials ecosystem. The initial capacity will be 70 million square metres per annum, with plans for phased expansion to 500 million square metres over 5-7 years, supporting significant growth in India's battery storage demand.

Key Highlights

  • TCPL Packaging enters lithium-ion battery separator film manufacturing.
  • Investment of ₹125 crore planned over 18 months.
  • Commercial production expected by Q4 FY2028.
  • Leverages existing expertise in specialized films and polymer processing.
  • Aims to scale production to 500 million sq metres in 5-7 years.