OUR LITHIUM CELL FACILITY
is arriving soon!
COMING UP AT
ELECTRONIC MANUFACTURING CLUSTER 2,
ADJACENT TO TIRUPATI AIRPORT
Munoth Industries Limited (MIL), promoted by Century old Chennai based Munoth group, is setting up India’s maiden lithium cell manufacturing unit at a total investment of Rs 799 crores. The factory is being built on a sprawling 30-acre campus at Electronic Manufacturing cluster 2 [EMC 2] located adjacent to the Tirupati Airport.
MIL has a technology agreement with China based battery manufacturer Better Power Company Limited which is an associate of the conglomerate HNA group. MIL has also tied up for technical advice with Council for scientific & Industrial research (CSIR), a Government of India undertaking. The company is also in talks with leading technical institutions in India conducting research on anode & cathode materials.
MIL’s equity shareholders apart from Munoth Family’s majority stake include promoters of Apollo Hospitals and Intellect design. The company’s board members have vast business international experience and it has roped in senior professionals and is in the process of building a very strong management team for the lithium cell project.
Munoth group apart from telecom has been into capital market operations since 1994. The capital market entity was the first in South India to become depository participant. It is also a SEBI registered Merchant banker, Portfolio Manager and Stock broker.
Munoth family as part of its social corporate responsibilities have contributed in field of education, medical care and religion.
TROTTING ON INDIA’S VIRGIN LITHIUM CELL MANUFACTURING LANDSCAPE
Planning a total capacity of 1.25 GW
MIL is putting up a state of art facility complete with advanced automatic machines sourced from leading companies, and best in class ancillary units for maintaining stringent cleanliness and humidity requirements necessary for producing world class quality cells. The unit will facilitate entire operations of cell making comprising of twelve departments and numerous processes to ensure complete controls on quality.
The company has acquired 30 acres of land from Andhra Pradesh Industrial Investment Corporation required for all the 3 phases of the project. The company has also received building approvals from Tirupati Urban Development Authority for all the phases.
The project is approved by State Government of Andhra Pradesh and MIL has been accorded slew of fiscal benefits. The project is also approved under Modified Special Incentives Package scheme by the Ministry of Electronic & Information Technology, New Delhi.
The phase I of the project at an outlay of Rs 165 crores will comprise of twenty thousand square meters of manufacturing facility. The unit will employ 250 persons. The factory construction is slated for completion by September 2019 and commercial production is targeted by Oct / Nov 2019.
The initial installed capacity in Phase I of the project will be 250MW (which will translate into about 2 million 3AH lithium batteries for mobile phones).
The capacity is planned to be increased five folds over next 3 years.
Targeting 3C digital
OUR PRODUCT RANGE
Our company will produce custom size 3.7V pouch cells based on OEM requirements with capacities ranging from 260 mAh to 6000 mAh and we can achieve volume specific energy up to 400Wh/L & mass specific energy up to 200Wh/Kg.
MIL targets to sell the lithium cells for digital products category like mobile phones, power banks, medical devices, power tools, laptops, Bluetooth devices including earphones, speakers, smart wearables, etc. India has a large base of mobile phone and power bank assemblers.
OUR COMPETITIVE ADVANTAGES
Unbeatable Quality, Competitive Pricing & Locational Advantage
There’s so much happening behind the scenes of Munoth Industries Ltd to ensure our clients receive the most quality, reliable products possible. To bring our exceptional production process to light, we’ve outlined the key features below. Keep reading to learn the benefits you’ll receive when you choose to do business with us.
WORLD CLASS QUALITY & CONSISTENCY
MIL will be able to meet the quality expectations of its customers easily because of
Technology tie-up with BPI, associate of HNA group (Fortune 500 company) – pioneers in lithium cells and owning over 100 patents
Complete end to end operations of cell making process using world class and newest automatic machines
Trained and experienced key manpower from China who will be in-charge for production. China is the World’s No 1 supplier of lithium cells and MIL will hire 5 key staff from China and retain them for initial two years
Good quality of raw materials. MIL will source the raw materials from the respective top 10 factories in China directly
Quality checks. MIL is investing in hi quality test machines for checking raw materials, and cells at varying level of production
COMPETITIVE PRICING & CONVENIENCE ASPECTS
'Just in time' supplies at attractive rates
MIL will easily be able to match or even beat imported rates because of capital & operational incentives provided by Centre and State, and import duties (which is likely to get levied in accordance to Phased Manufacturing Program [PMP] for encouraging ‘Make in India’ initiative of Government of India
Locally produced cells can add to a host of benefits vs imports in terms of hassles of delay in transit and clearances, hassles of imports, hassles of developing samples, checks & approvals, etc. Delays in product development or shipments can affect factories production schedules badly and also hamper sales targets giving upper edge to competitors.
Lithium cells import by air is restricted by IATA and importing by sea takes longer time resulting in higher working capital needs and risks of obsolesce as many models get out of market in very short time.
The factories in the surrounding EMC and closer by Sri City (<100 kilometers distance) can have the added advantage of ‘Just in Time’ supplies facilitating efficiency in their production.
Our lithium cell project was announced in a joint press conference by Centre for development of Electronics System Design & Manufacturing (CESDM) and Indian Cellular Association (ICA) on June 13th 2018 in New Delhi which was covered by press across India & China
Meeting with Prime Minister
Our Director, Sri Pankaj Mohindroo, met Honb'le Prime Minister on 28th December 2019 along with leaders of Digital Industry.
Mr Pankaj Mohindroo is also the Chairman of the India Cellular & Electronics Association (ICEA), the apex industry body representing the entire electronics sector in India.
CHENNAI BIZMAN TO BE PART OF EXPERT REVIEW PANEL
December 17, 2019
Published in Chennai edition
Jaswant Munoth, director of the Chennai-based Munoth Industries Ltd, has been roped in to be part of the Expert Review Committee (ERC) of Centre of Excellence (CoE) on ‘Rechargeable Battery Technology’ being established at C-MET, Pune, under the aegis of Union ministry of electronics and information technology, (MeitY).
Munoth happens to be the lone representative from the private sector in the eight-member ERC to be chaired by Prof V K Aatre, former scientific advisor to the defence minister and visiting professor at IISc, Bengaluru. Munoth Industries is in the process of establishing a lithium cell manufacturing facility, at an investment of close to ₹800 crore, near Tirupathi. The CoE on ‘Rechargeable Battery Technology’ (Pre-Cell) is being established with an outlay of ₹2,087.67 crore with financial participation from industry. The project is for a duration of five years. The ERC would provide requisite direction, steering and close monitoring of the objectives, goals and targeted deliverables in a time bound manner.
The CoE is focused toward Lion and Na-ion battery manufacturing machinery design and transfer of end-to-end indigenous technology for cell manufacturing in India, a communication from MeitY said.
Besides Aatre and Munoth, the other members of ERC include K Balasubramanian, director, NFTDC; Shantanu Das, scientist, BARC Mumbai; Ajit R Kulkarni, Department of Metallurgical Engineering and Material Science, IIT Mumbai; Rajiv Jain, senior advisor, IESA; Sandip Chatterjee, director and Scientist, MeitY and Sanka Dip Das, scientist, MeitY.
The ERC will review the technical and financial progress and steer it from initiation to completion towards achieving specific output leading to useful outcome as per project objectives. The ERC should also define the roadmap for translation of the proposed output for commercialization, leading to commercial production, the communication from the ministry said.
TIANJIN BATTERY CO TO BUY CELLS FROM MUNOTH INDUSTRIES
September 27, 2019
Published in Chennai and online edition
China’s $2 billion Tianjin Lishen Battery Joint-Stock Co has entered in to an agreement with Munoth Industries to buy polymer and prismatic cells. Tianjin Lishen will buy at least 50% of the cells produced by Munoth Industries, which is setting up a lithium cell manufacturing facility near Tirupati, for supplies to its India customers. “We have intended to work together and help them set up the factory over there. We will buy cells from our partner’s factory, which will start production by next June or July, for our local customer demand in India,” said Kevin Wang, president, Tianjin Lishen, speaking to TOI over phone from China. Tianjin Lishen, with installed capacity of 10 GWH, produces cells and battery pack for communication devices, energy storage and electric vehicles and its customers include Apple, Foxconn, Daimier, Volkswagen and Hyundai. It will offer technology to produce polymer and prismatic cells and help Munoth Industries to run the assembly line as well. This is agreement assure Munoth of a firm market supply and Lishen will avoid paying up 5% import duty, which is now slapped on cell imports into India. “As a new entrant, established mobile brands may not be as keen to source from us, as they do from existing manufacturers, globally. Through Lishen, our products will reach these brands and help establish ourselves in the long run,” says Jaswant Munoth, director, Munoth Industries. Munoth Industries is investing close to Rs 800 crore for setting up lithium cell manufacturing plant in EMC 2 in Tirupati. The plant will have a capacity of 1.25 GWH after all three phases are completed.
ANNOUNCING INDIA'S FIRST LITHIUM CELL PROJECT
INDIA'S FIRST LITHIUM ION CELL FACTORY TO COME UP IN ANDHRA PRADESH
June 11, 2018
Article published in New Delhi, Bengaluru and online edition
MUNOTH INDUSTRIES TO SET UP LITHIUM-ION CELL PLANT IN A.P.
June 14, 2018
Article published in Hyderabad, Chennai & online editions
INDIA’S FIRST LITHIUM-ION CELL MANUFACTURING PLANT WILL BE READY BY 2019
June 14, 2018
Article published in New Delhi and online edition
MUNOTH'S LI-ION FACILITY SOON IN TIRUPATI
June 14, 2018
Times of India
Article published in Hyderabad & Chennai edition
Interested in placing an order or learning more? Simply reach out today.
Munoth Centre, Suite No 44 & 45, 343 Triplicane, Chennai, Tamil Nadu 600005, India
044 2852 5699