Graphite India’s Board of Directors has given the green light to investments totaling ₹4,330 crores. These investments will primarily focus on synthetic graphite anode materials (SGAM) crucial for lithium-ion battery cells, a vital component in the EV ecosystem. The company aims to diversify its product portfolio and establish new revenue streams with this strategic move into renewable energy. The meeting concluded at 12:15 p.m. on January 28, 2026.
Strategic Investment in New Technologies
Graphite India has announced a significant investment to expand its business into emerging sectors. The Board of Directors approved investments of ₹4,330 crores, signaling a strong commitment to diversification and growth.
Focus on Synthetic Graphite Anode Materials
The primary focus of this investment is in synthetic graphite anode materials (SGAM), a key component in lithium-ion batteries for electric vehicles (EVs). This move positions Graphite India to capitalize on the rapidly growing EV market.
Diversification and Revenue Generation
This strategic investment will enable Graphite India to diversify its product offerings and create new revenue streams. By venturing into the EV battery component market, the company aims to enhance its long-term growth prospects.
Funding Strategy
The ₹4,330 crore investment will be funded through a combination of debt and internal accruals. The investments will be rolled out in phases, specifically for the SGAM project and investments in other areas including renewable energy.
Source: BSE