Gujarat Fluorochemicals Secures $50 Million IFC Investment For Battery Materials Facility

Gujarat Fluorochemicals

Gujarat Fluorochemicals (GFL), a fluorochemicals company, announced a partnership with the International Finance Corporation (IFC), a member of the World Bank Group. The IFC is investing approximately USD 50 million in GFL’s subsidiary, GFCL EV Products (GFCL EV), through the subscription of compulsorily convertible instruments.

The investment will be utilised towards what is claimed to be India’s first integrated battery materials facility. The project is intended to drive high-value manufacturing, create jobs, strengthen India’s position in global supply chains and advance national priorities of energy security, transport electrification and local value creation.

GFCL EV aims to reinforce India’s emergence as a competitive player in the global battery-materials value chain. The company has integrated manufacturing capabilities for battery chemicals with backward integration into key raw materials.

GFCL EV’s current product portfolio, catering to both electric vehicle and energy storage sectors, includes:

  • Battery chemicals – electrolyte salt LiPF6, electrolyte formulations, additives for enhanced performance.
  • Cathode active materials (LFP).
  • Binders (both PVDF and PTFE).

Vivek Jain, Chairman, INOXGFL Group, said, “We are delighted to welcome IFC as a partner in GFCL EV. This milestone reinforces our vision for a greener future supported by IFC’s global expertise and commitment to sustainable development, aiding in accelerating India’s energy transition. IFC has a history of investing in sustainable businesses demonstrating long-term value creation. Their investment in GFCL EV is an endorsement of our differentiated model and growth trajectory. This partnership underlines our global leadership in battery materials and shall create long-term sustainable value for existing shareholders.”

Dr. Bir Kapoor, DMD and CEO, Gujarat Fluorochemicals, added, “This is IFC’s first investment in a battery materials company in India, marking a major milestone for India’s battery materials ecosystem. This capital raise enables us to scale up our manufacturing capacity for advanced battery materials strengthening India’s position in the global supply chain. GFCL EV stands among the few large-scale integrated battery materials manufacturers worldwide, with a portfolio that covers more than 50 percent of the LFP battery cell bill of materials”.

Imad N Fakhoury, IFC Regional Division Director for South Asia, said, “We are happy to partner with GFCL EV on this milestone initiative to advance value‑added manufacturing in India. As the country scales its electric vehicle and energy‑storage sectors, India has a clear opportunity to strengthen domestic capacity in key battery materials, set new benchmarks for high‑performance supply chains, and secure its place in the global market for advanced energy technologies. This investment forms part of IFC’s programmatic efforts to strengthen India’s e‑mobility value chain, and is enabled by a One WBG approach that builds the market and localizes global value chains, advancing the Make in India initiative. It will enable first‑of‑its‑kind greenfield battery manufacturing and build the capabilities India needs to play a larger role in high‑value components worldwide.”

Yamaha Motor Opens Robotics Business Support Division In India

Yamaha Motor Co

Yamaha Motor Co, has established the Robotics Business Support Division as a dedicated sales and service facility for its robotics operations in Gurugram, Haryana.

The facility operates within Yamaha Motor India Sales (YMIS), the entity responsible for the company's motorcycle and automotive product sales in the country.

The division was created to reinforce sales and service operations for Yamaha-branded robot products, streamline internal business processes and support further investment. The facility will initially focus on surface mount technology (SMT) assembly systems and industrial robots. Over the longer term, the company plans to build the necessary technical structures to handle semiconductor back-end processing equipment.

The Gurugram facility features a dedicated showroom designed to display Yamaha Motor’s robotics technologies. This space allows clients to view products and technical solutions firsthand, helping them assess application methods for their respective production sites. Through this initiative, the company aims to increase its brand recognition and capture a larger share of the expanding Indian manufacturing and robotics automation markets.

Durr Introduces Qflex Technology For Energy-Flexible Drying

Durr

German automation and technology company Durr has launched Qflex, a system designed to decouple automotive drying ovens from specific heat sources. This development allows manufacturers to change energy sources, such as natural gas, electricity, or hydrogen, without requiring structural modifications to oven systems.

Durr plans to equip its oven range with centralised heating technology, focusing on two systems: EcoInCure and EcoSmartCure. The variable heating circuit enables operators to switch energy sources based on availability or cost.

The system uses a heating module that supplies heat to zones through a circuit. Operators can modify the heating module to change energy sources or integrate high-temperature storage units.

Dr. Heiko Dieter, Product Manager at Durr, said, “It is impossible for anyone to predict today what source of energy will be available in plentiful supply and at a reasonable cost tomorrow. If, for example, the gas supply is interrupted at short notice, there is a risk of costs increasing and even production being interrupted. Energy-flexible ovens guarantee an alternative supply in this case. If a source of energy is no longer economical, operators can switch to another source with minimal effort – without having to interfere with the oven’s structural fabric. Choosing a hybrid system also makes it possible to automatically switch to the cheapest energy source depending on the time of day.”

The EcoInCure oven uses a transverse design. The EcoSmartCure uses a longitudinal mode of operation with a stop-and-go principle. This allows for temperature control by heating bodies in phases, which reduces thermal stress on parts. Both systems are single-level designs intended for integration into new builds or existing plants.

The EcoSmartCure is undergoing tests for industrial use.

“The strong customer interest and two projects already underway confirm to us that we have hit the mark with this new development. Energy flexibility is no longer a distant vision. The Qflex technology in our ovens now offers a solution for responding flexibly to volatile energy markets and changing conditions in automotive production,” concluded Dr. Dieter.

Maruti Suzuki India’s 2nd Kharkhoda Manufacturing Facility Commences Production

Maruti Suzuki Kharkhoda

Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has commenced production at its second manufacturing plant at Kharkhoda.

With this, the company has expanded its production capacity to 2.65 million units per annum across Gurugram, Manesar and Kharkhoda in Haryana and Hansalpur in Gujarat.

The new facility can manufacture 250,000 units, which takes the total production at Kharkhoda to 500,000 units per annum combined. It will produce the company’s popular Brezza and Victoris SUVs.

The expansion is part of Maruti Suzuki India’s expansion strategy to meet customer needs, and once fully operational the Kharkhoda facility will produce a million units per annum, making it the biggest four-wheeler manufacturing location for Suzuki globally.

For FY2027, Maruti Suzuki India aims to add 500,000 units capacity.

Uno Minda To Invest INR 5.5 Billion For 2nd Four-Wheeler EV Powertrain Plant In Maharashtra

Uno Minda

Tier 1 automotive supplier Uno Minda has announced that its Board of Directors has approved the establishment of a greenfield manufacturing facility in Chhatrapati Sambhajinagar, Maharashtra.

The facility, managed through its subsidiary Uno Minda Auto Innovations (UMAIPL), will focus on high-voltage electric powertrain products for four-wheeler passenger vehicles.

The plant will manufacture and assemble Electric Drive Units (EDU) and Dedicated Hybrid Transmission (DHT) systems. The expansion is supported by orders for these systems from an anchor customer. The project involves an estimated investment of INR 5.5 billion, funded through a combination of debt and equity. Capital expenditure will be phased over the next two years, with commissioning expected by Q2 FY2028.

This represents the second electric vehicle (EV) powertrain facility announced by UMAIPL, following the ongoing construction of its plant in Khed City, Pune, which is scheduled to start operations in H2 FY2027.

The expansion comes as the automotive market increases the adoption of advanced powertrains, including battery electric vehicles, hybrid electric vehicles, plug-in hybrids and range-extended electric vehicles.

Ravi Mehra, Managing Director, Uno Minda, said, "The Indian automotive landscape is undergoing a structural shift toward sustainable mobility, and Uno Minda is at the forefront of this transition. By establishing our second dedicated EV powertrain plant in Maharashtra, we are not only expanding our capacity but also advancing our product offerings with Electric Drive Unit and DHT. Our commitment remains firm: to lead the localization of high-voltage powertrain technologies in India, ensuring that our partners have access to global-standard innovation right at their doorstep."