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#405 Daily Money Show | Money Purse Stock Market News
Original: # 405 Daily Money Show | Money Purse Stock Market News
Takeaway
India's push into lithium-ion cell manufacturing is starting - a multi-GWh first phase taking 27-30 months sets the timeline for domestic EV battery supply.
Summary
- Nifty up 8 points to ~17,007; awaiting Friday's US Fed interest rate decision.
- Coverage of an optical fiber cable manufacturer with polythene compound expansion and a lithium-ion cell plant - 35.30 million USD investment.
- Plans for first multi-gigawatt-hour lithium-ion cell manufacturing facility in 27-30 months phase one.
- Large investor commitments around $6 million for October 2022 timeframe noted.
lithium-ionfed-ratedaily-money-show
Original description
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