RCRS Innovations to Expand Li-Ion Battery Production

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RCRS Innovations Ltd, the parent company of EXEGI, manufacturer of lithium-ion batteries, announced a significant investment of ₹50 crore for the current fiscal year. The strategic move aims to enhance production capabilities and diversify product offerings to meet the increasing demand for clean energy storage solutions. The company emphasized its dedication to expansion and innovation in a recent statement.

RCRS Innovations operates two manufacturing facilities in the Delhi NCR region, specializing in Li-Ion battery packs and solar panels. The products are primarily used in renewable energy storage and solar lighting, establishing the company as a prominent supplier in these sectors.

As reported by good ₹eturns, in the upcoming period, RCRS Innovations plans to introduce container-sized energy storage solutions tailored for large-scale manufacturing units across various industries. These solutions will feature capacities at the Megawatt-hour level, marking a significant advancement in the company’s product range.