Karnataka's Green Energy Revolution: IBC's 'Giga Factory Unit' to Boost Manufacturing

Birth of 'Giga Factory Unit': From Vision to Reality

International Battery Company (IBC) is gearing up to power Karnataka's green energy ambitions with the launch of its 'Giga Factory Unit' in Bengaluru within the next nine months. This groundbreaking project, boasting an investment of Rs 390 crore, promises to create a ripple effect of 300 direct employment opportunities.

Global Demand Drives Karnataka's Manufacturing Prowess

The plant, strategically located in the Information Technology Investment Region (ITIR), aims to export 20% of its production to the US and EU markets, showcasing Karnataka's world-class manufacturing capabilities.

Breaking Barriers: First-Ever Lithium-Ion Cell Manufacture in India

Currently, IBC produces lithium-ion cells in South Korea and assembles them in India. The first phase of investment in the KIADB ITIR unit will transform India's energy landscape by facilitating the local manufacture of lithium-ion cells. These cells will power battery packs designed for small-scale mobility solutions such as two- and three-wheelers.

Minister Patil's Ambitious Vision: Green Energy Hub

Minister M B Patil envisions the project as a cornerstone in Karnataka's transformation into a tech-driven, sustainable, and inclusive economy. He emphasizes the project's alignment with the state's green energy and advanced battery manufacturing goals.

Expert Quote: IBC's Role in India's Renewable Energy Transition

"IBC's focus on lithium-ion battery production is critical to India's transition to renewable energy. It will enhance energy storage capabilities, contribute to a sustainable future, and integrate advanced engineering with clean energy solutions." - Minister M B Patil

Global Expertise Meets Indian Ingenuity

Patil acknowledges the company's founders, educated in India and trained in Silicon Valley, who have prioritized designing and producing batteries that suit Indian conditions.