Carbon Cosmo Advanced Materials Private Limited, a joint venture between Kolkata-based Carbon Resources Pvt. Ltd. and South Korea’s COSMO AM&T Co. Ltd., planning to establish an integrated battery materials manufacturing complex with an investment of ₹4,000 crore at Naidupeta in Andhra Pradesh’s Tirupati district. The proposed facility will span approximately 230 acres and manufacture ferric phosphate (FP) precursors and lithium iron phosphate (LFP) cathode materials. These materials are essential for manufacturing batteries used in electric vehicles (EVs) and energy storage systems.
Three-Phase Development Plan
The company will develop the manufacturing complex in three phases to progressively expand production capacity. During the initial phase, the facility will target an annual production capacity of 30,000 tonnes each of ferric phosphate and lithium iron phosphate. The company aims to commence initial production by mid-2028, while full-scale operations are expected by 2031.
Strengthening India’s Battery Materials Supply Chain
The ₹4,000 crore investment will strengthen India’s domestic battery materials manufacturing capabilities and support the growing demand for electric vehicle and energy storage technologies. The integrated manufacturing complex is expected to create business opportunities for chemical processing equipment manufacturers, industrial construction companies, utility providers, automation solution suppliers and Engineering, Procurement and Construction (EPC) contractors. As reported by newsonprojects.com, the project marks another significant development in India’s efforts to build a domestic battery manufacturing ecosystem and reduce dependence on imported battery materials.
