Munoth Industries Limited (MIL), promoted by Century old Chennai based Munoth group, has set up India’s maiden lithium cell manufacturing unit. The complete project will be set up in three phases at a total investment of Rs 799 crores on a sprawling 30-acre campus at Electronic Manufacturing cluster 2 [EMC 2] located adjacent to the Tirupati Airport.

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MIL has a technology agreement with China based battery manufacturer Tianjin Lishen Battery Joint-Stock Co Ltd, which is co-owned by Government and private investors. MIL has also tied up for technical advice with Council for scientific & Industrial research (CSIR), a Government of India undertaking. The company is also in talks with leading technical institutions in India conducting research on anode & cathode materials.