Andhra Pradesh approves NSPSL cathode facility
Analysis based on 9 articles · First reported Apr 17, 2026 · Last updated Apr 17, 2026
The approval of NSPSL Speciality Chemicals Private Limited's investment in India===Andhra Pradesh is expected to positively impact the electronics and EV sectors in India by localizing battery component manufacturing. This move will reduce import dependence and strengthen India's position in global supply chains, leading to potential growth for related industries.
The Government of India===Andhra Pradesh has approved a ₹2,550 crore investment by NSPSL Speciality Chemicals Private Limited to establish a cathode material manufacturing facility in the Chittoor district. This project, spread across 105 acres in Gudupalle mandal, is a strategic step towards localizing critical components for lithium-ion batteries, which are essential for electric vehicles, consumer electronics, and energy storage systems. The facility will help India reduce its reliance on imports for key battery materials and strengthen its domestic manufacturing capabilities. Approved under the India===Andhra Pradesh Electronics Component Manufacturing Policy (4.0) 2025-30, the project will receive incentives such as capital subsidies, electricity duty exemptions, and power cost reimbursement. It is expected to create around 400 direct jobs and foster a broader ecosystem for battery manufacturing, EV supply chains, and electronics hardware production, positioning India===Andhra Pradesh as a key player in the global electronics and energy economy.
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