States » SouthPosted at: Apr 18 2026 12:33AM


NPSPL to set up Rs 2,550 Cr. cathode material project in AP

Vijayawada, Apr 17 (UNI) In a strategic move to strengthen India’s electronics and advanced materials ecosystem, the Government of Andhra Pradesh has approved a Rs 2,550 crore investment by NPSPL Speciality Chemicals Private Limited to establish a cathode material manufacturing facility in Chittoor district.
The project, spread across 105 acres in Gudupalle Mandal, is a significant step towards localizing one of the most critical components in the electronics and battery value chain. Cathode materials are the core functional component of lithium-ion batteries, determining battery performance, energy density, lifecycle, and safety.
Cathode materials account for a significant share of battery cost and technology differentiation. By building domestic capacity, India reduces dependence on imports—particularly from concentrated global supply chains—and strengthens its position in EVs, renewables, and electronics manufacturing.
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Tags: #NPSPL to set up Rs 2#550 Cr. cathode material project in AP
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