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Andhra clears Rs 2550 crore cathode plant to supercharge local EV and electronics supply chains
Economy
Published on 24 April 2026
A cathode maker pledge could cut battery dependence fast
Andhra Pradesh has approved a Rs 2,550 crore investment by NSPSL Speciality Chemicals to build a cathode material manufacturing facility in the Chittoor district. The move aims to localize a critical battery component, strengthening supply for electric vehicles and consumer electronics while boosting the state’s electronics and battery manufacturing ecosystem.
- Andhra approved a Rs 2,550 crore NSPSL cathode materials project in Chittoor
- The facility targets localization of a key battery component
- Expected to support growth in EVs and consumer electronics
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times