BENGALURU : Log9 Materials, India's first lithium-ion battery manufacturer, warned production at its facility in Bengaluru could take a hit from the late arrival of Chinese experts as the New Delhi government delayed the approval of visa applications. 'If the Chinese engineers don't arrive on time, then o
BENGALURU : Log9 Materials, India's first lithium-ion battery manufacturer, warned production at its facility in Bengaluru could take a hit from the late arrival of Chinese experts as the New Delhi government delayed the approval of visa applications.
Log9 depends on engineers from China to set up imported machinery and upgrade existing ones at its facility. A delay of about four months in the issue of visas would hamper the speed at which its factory reaches peak production levels, Sharma said. The comments come as India tries to position itself as a major manufacturing hub for companies diversifying away from China, which is grappling with slowing economic growth.
Its batteries power the electric fleet of logistics giants Maersk and Blue Dart Express, and electric vehicle makers such as Quantum Energy and Hala Mobility amid a push from the Indian government for cleaner technologies.
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