Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Hindu
The Hindu
National
The Hindu Bureau

IBC to invest ₹8,000 crore in Karnataka to make batteries

IBC Karnataka lithium

The leadership team of International Battery Company (IBC), an American firm, that is planning to invest ₹8,000 crore in setting up a proprietary Lithium Nickle Manganese Cobalt prismatic cell manufacturing plant in Karnataka on Monday met M.B. Patil, Minister for Large and Medium Industries.

The company has asked the government to provide 100 acres of land at Information Technology Investment Region (ITIR) in Devanahalli.

“The decision on providing land and extending incentives will be taken after discussing the same with Chief Minister Siddaramaiah,” said the minister. IBC plans to set up a non-captive gigafactory and invest ₹8,000 crore for land, plant and machinery and building.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Kanye West And Bianca Censori Hit With Fierce Backlash Over Her Latest Fishnet Look: “Humiliating His Wife”
Bianca Censori’s latest revealing appearance with Kanye West has revived years of speculation about their relationship, despite her insisting that her provocative outfits are entirely her choice.
Bored Panda
Bored Panda
Man says his fiancée doesn’t think what he did was technically cheating, but she still ended their 4-year relationship
Two calls reportedly ended it all.
We Got This Covered
We Got This Covered
That Dryer Sheet in Your Mailbox Isn’t Trash — Here’s Why It May Be There
A dryer sheet tucked inside a mailbox can look like a piece of laundry that took a wrong turn. Yet someone may have placed it there deliberately, hoping to discourage insects, spiders, or other unwanted visitors. The idea circulates widely among homeowners, but the explanation deserves a closer look.
Clever Dude
Clever Dude
Wisconsin’s House on the Rock is unlike a typical museum. Here are the strange sights waiting inside
House on the Rock in Wisconsin features an unusual collection of giant installations and mechanical displays. Visitors can explore a notable indoor carousel that showcases intricate craftsmanship and detail without the option to ride. The attraction also includes an Infinity Room that stretches dramatically over the valley, enhancing the viewing…
The Economic Times
The Economic Times
Christian Man Has Bizarre Meltdown After Neighbor’s Halloween Decoration Scares Toddler
“Christian conservatives, we gotta get one thing clear. You can do what you want, but you gotta stop demanding everyone else to change,” a netizen said.
Bored Panda
Bored Panda
He Ate, Slept and Hid Inside Disneyland — Here’s How He Got Caught
Disneyland has spent decades selling the fantasy of escaping ordinary life for a day. One man took the idea of staying longer much too far. Stories about people hiding inside the park after closing have fueled a particular kind of Disney legend: empty streets, forbidden corners, and the possibility of…
Clever Dude
Clever Dude
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play