Himadri Speciality Chemical is set to make a strategic pivot towards battery materials and speciality chemicals to spearhead its next growth phase.

CEO & CMD Anurag Choudhary highlighted how Himadri is aligning with India's transformation from a consumer market to a global supply chain hub for electric vehicles (EVs). Notably, Himadri is set to become the first manufacturer of lithium iron phosphate (LFP) cathode material outside China with its upcoming 2,00,000 MTPA plant, underscoring India's climb up the clean-tech value chain.

Further, government initiatives like the PM E-Drive Scheme, EV30@30, and the National Programme on Advanced Chemistry Cell (ACC) have created demand and attracting global investments. With these supportive policies, Himadri aims to transition India from an EV battery assembler to a key exporter of battery components within five years, accelerating its journey in the global clean energy ecosystem. The company’s 16.24 percent stake in International Battery Company (IBC) strengthens its foothold in advanced battery materials.