![\"Tata](\"https:\/\/c.ndtvimg.com\/2023-06\/61t6r5ro_ev-bloomberg_625x300_05_June_23.jpg\"\/ "\\"Tata")
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The Tata plant would make Gujarat a leader in lithium-battery manufacturing. (Representational)<\/p>\n<\/div>\n
Salt-to-software conglomerate Tata Group signed an agreement with the Gujarat government to set up a giga-factory for manufacturing lithium-ion cells, with an estimated initial investment of around Rs 13,000 crore.<\/p>\n
Tata Agaratas Energy Storage Solutions Pvt., a subsidiary of Tata Group, signed a memorandum of understanding on Friday to establish an electric-vehicle battery plant that will have a production capacity of 20 gigawatt hours, generating direct and indirect employment for more than 13,000 people, according to a state government document posted on its website.<\/p>\n
Prime Minister Narendra Modi is working toward making the world’s most-populous nation carbon net zero by 2070. Still, India is lagging behind nations like China and the US in adopting electric transport.<\/p>\n
The Tata plant would make Gujarat a leader in lithium-battery manufacturing and the group will receive assistance in setting up a production eco-system in the state, the state government said. A Tata Group representative declined to comment.<\/p>\n
Tata Group’s decision comes at a time when its unit Jaguar Land Rover is considering setting up a major EV battery plant in the Britain. Tata favors a factory in England over Spain after the UK government offered a support package, Bloomberg reported in May.<\/p>\n
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)<\/i><\/p>\n<\/div>\n
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