Shyam Metalics and Energy Limited has entered the energy storage sector by manufacturing battery-grade aluminum foil. The company believes that with the growing lithium-ion production capacity in India from 2024 to 2030, they will be a key supplier of raw materials to these plants. They are currently in the trial phase with upcoming lithium-ion battery companies and expect commercial orders to start flowing in by the first quarter of next year.
| Subscribe To Our Free Newsletter |
