Hyderabad-based Godi India said on Tuesday it will set up a giga factory for lithium-ion cell manufacturing in India by 2024, referring to a facility used for producing electric batteries at a huge scale, primarily for use in electric vehicles (EV).
The company is the first in the country to have certification from the Bureau of Indian Standards' for lithium-ion cells made using its home-grown technology. As per BIS requirements, the Godi-designed cells were tested and qualified by a third-party testing agency (TUV).
"Electric Vehicle penetration in India is expected to become a reality in the near future. As a