📷 Image: Wikimedia Commons / SRF Limited
Business
SRF Ltd to invest ₹600 crore in MP for battery-grade aluminium foil plant
✍️ The Economic Times
🗓 21 Oct 2026, 07:17 PM
👁 9
SRF Ltd has announced a ₹600 crore investment to set up an aluminium foil manufacturing facility in Madhya Pradesh, specifically targeting the growing demand for battery applications.
SRF Ltd, a leading Indian chemical and specialty materials company, has announced plans to invest ₹600 crore to establish a new manufacturing unit in Madhya Pradesh. The facility will be dedicated to the production of high-quality aluminium foil, with a specific focus on meeting the rising industrial demand for battery applications.
The company stated that this strategic expansion is aimed at strengthening its presence in the advanced materials sector. By localizing the production of battery-grade aluminium foil, SRF Ltd intends to support the growing electric vehicle and energy storage ecosystems in India.
The new plant is expected to play a crucial role in reducing dependency on imports for specialized aluminium products. This move aligns with the broader national push to boost domestic manufacturing capabilities in critical technology supply chains.
While specific details regarding the exact location within Madhya Pradesh and the timeline for commissioning were not disclosed in the initial announcement, the company emphasized its commitment to sustainable growth and technological innovation in the region.
The company stated that this strategic expansion is aimed at strengthening its presence in the advanced materials sector. By localizing the production of battery-grade aluminium foil, SRF Ltd intends to support the growing electric vehicle and energy storage ecosystems in India.
The new plant is expected to play a crucial role in reducing dependency on imports for specialized aluminium products. This move aligns with the broader national push to boost domestic manufacturing capabilities in critical technology supply chains.
While specific details regarding the exact location within Madhya Pradesh and the timeline for commissioning were not disclosed in the initial announcement, the company emphasized its commitment to sustainable growth and technological innovation in the region.