Shyam Metalics & Energy Ltd to make aluminum foil for lithium-ion cell manufacturing
India spent USD 1.8bn to import 5,486.18 kWh lithium-ion batteries during April-November 2022 period as against the import of 6,167.68 lakh units of lithium-ion batteries for USD 1.83bn in 2021-22, indicating a growth in imports consequently to rising demand for electric vehicles and green energy solutions.
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