Mahanagar Gas dives into battery cell manufacturing with a mega India-based giga factory
Mahanagar Gas Limited (MGL) is making a bold move into India’s lithium-ion cell manufacturing industry, partnering with California-based International Battery Company, Inc. (IBC US). Through a Share Subscription Agreement (SSA) and Shareholding Agreement (SHA) signed on November 7, 2024, MGL will secure a 40% stake in International Battery Company India Private Limited (IBC India), a […]
