Andhra Government clears Rs 2,500 crore NSPSL cathode plant in Chittoor

Amaravati: The Andhra Pradesh government on Friday approved an investment of over Rs 2,500-crore by NSPSL Speciality Chemicals Pvt Ltd to establish a cathode material manufacturing facility in Chittoor district.

Spread across 105 acres in Gudupalle mandal, the project is a significant step towards localising one of the most critical components in the electronics and battery value chain.

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