Epsilon’s India anode plan clears ₹145 crore capital-support hurdle
Epsilon Advanced Materials has secured ₹145 crore of MeitY capital support for a graphite-anode project that targets 30,000 tonnes of annual capacity by 2028.
- ₹145 crore
- 30,000 tpa by 2028
- 100,000 tpa
- 43
What Happened
MeitY’s components-manufacturing programme will provide ₹145 crore toward Epsilon’s graphite-anode buildout. That support equals 25% of the planned capital spend, and Epsilon says it was the sole anode-material producer selected in this approval tranche.
30,000 tonnes per year
A second phase is planned to lift the programme to 100,000 tonnes annually.
Epsilon says EAM-ONE, its customer-qualification facility, is already operating in Karnataka’s Vijayanagar industrial area. The programme combines work on the material itself, factory processes and cell-level performance checks using coin, pouch and multilayer pouch formats.
The company says its intellectual-property portfolio contains 43 filings covering materials, manufacturing methods and production equipment, with 50 further assets planned by 2030. Across the broader ECMS, 106 projects in 30 product areas have been cleared, representing proposed investment of ₹69,548 crore.
Why this matters
Graphite anodes are a critical input in lithium-ion cells, so domestic production could reduce one source of import dependence as Indian battery and electric-mobility manufacturing expands. The project also links public capital support with a supplier’s effort to commercialise locally developed materials.
Terms in This Story
- EV
- Electric vehicle, a vehicle powered fully or partly by electricity.
- OTA
- Over-the-air update, a software update delivered remotely to a vehicle.
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