Saft, a century old French battery maker that powers most of ISRO’s satellites, is expanding work in its factory in Bidadi in Karnataka to cater to the growing adoption of metro railways, electric locomotive engines, and the rapid penetration of mobile telephones in India. The expansion includes adding a new line to do lithiumion batteries. The company traditionally made nickel batteries.
Saft is controlled by energy giant Total. India is still a small part of Saft’s operations but the company expects it to be one of the top five contributors to its topline in the next five years. Read more
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