Schedule a Call Back
TACC Secures Rs 6.095 billion Incentive for Battery Materials Plant in Dewas
Industry News- Nov 12,26
TACC has secured Rs 6.095 billion incentive approval for its Dewas graphite anode plant, targeting 20,000 tonnes of annual capacity by June 2027.
Bhopal (Madhya Pradesh)
TACC Limited, a wholly owned subsidiary of HEG Advanced Materials Limited (HEGAM), has received approval for a Rs 6.095 billion incentive under the Government of India's Electronics Component Manufacturing Scheme (ECMS) to develop a synthetic graphite anode material manufacturing facility in Dewas, Madhya Pradesh.
Announced on 11 November 2026, the approval from the Ministry of Electronics and Information Technology (MeitY) marks a significant development in India's efforts to establish a domestic battery materials supply chain and reduce dependence on imported components for electric vehicles (EVs) and energy storage systems.
The proposed facility, located in the Sirsoda Industrial Area of Dewas, will span more than 100 acres and manufacture synthetic graphite anode material, a critical component of lithium-ion batteries used in EVs and battery energy storage systems (BESS).
The first phase, with an annual production capacity of 20,000 metric tonnes, is scheduled for commissioning by June 2027. The facility is planned to exceed 30,000 metric tonnes per annum (MTPA) by FY2028-29, supporting the growing requirements of domestic and international battery cell manufacturers.
The Rs 6.095 billion incentive, subject to ECMS guidelines and prescribed conditions, will support TACC's plans to establish large-scale manufacturing capabilities in advanced battery materials. The project forms part of HEG Advanced Materials' broader strategy to develop a competitive and resilient energy storage materials ecosystem in India.
Riju Jhunjhunwala, Chairman, Managing Director and CEO, HEG Advanced Materials Limited, said, “We are grateful to the Government of India and the Ministry of Electronics and Information Technology for this support, and for their vision of building a strong electronics component manufacturing base in the country. The approval under ECMS is a strong endorsement of TACC’s technology and of our belief that India can build a globally competitive battery materials value chain at home. Anode material sits at the heart of every battery cell, and producing it at scale in India is central to a secure and resilient energy storage supply chain.”
Synthetic graphite anode material plays an essential role in lithium-ion battery performance, influencing charging efficiency, energy storage capacity and battery lifespan. Establishing domestic production at scale is expected to strengthen India's battery manufacturing capabilities and support the expansion of the EV and renewable energy storage sectors.
The Dewas project will leverage HEG's more than five decades of expertise in graphitisation, advanced carbon materials and industrial manufacturing. Through TACC, the group aims to integrate research, technology development and large-scale production to serve the expanding global battery materials market.
Ankur Khaitan, Managing Director and CEO, TACC Limited, said, “The support under ECMS strengthens our ability to execute at scale. Our Dewas facility is designed to deliver high-performance synthetic graphite anode material that meets the standards of global cell manufacturers. Our focus now is on timely execution, consistent quality and close collaboration with customers to ensure supply reliability. We thank the Ministry of Electronics and Information Technology for its support.”
Beyond the initial 20,000-tonne annual capacity, TACC has outlined further expansion plans, including a stated commitment to expand anode active material (AAM) production by 44,000 tonnes to cater to international battery cell manufacturers. The company is also advancing commercial graphene production, targeting an annual capacity of 500 tonnes.
These developments reflect TACC's ambition to establish a diversified advanced materials portfolio covering synthetic graphite, graphene and other next-generation carbon-based technologies.
HEG Advanced Materials, part of the LNJ Bhilwara Group, operates across advanced battery materials, graphene, battery energy solutions and green power. The company is also pursuing research and development in emerging technologies, including silicon-based anodes, to address evolving performance requirements in energy storage applications.
The investment in Dewas comes as India seeks to strengthen domestic manufacturing across the EV and battery value chains, with growing emphasis on advanced materials, energy security and localisation of critical components.
By establishing large-scale synthetic graphite anode production, TACC aims to position itself as a supplier to global battery manufacturers while supporting India's transition towards cleaner mobility and energy storage technologies.
The ECMS approval provides policy-backed support for the project, with the company's immediate priorities centred on commissioning the first phase by June 2027, achieving consistent product quality and developing long-term relationships with battery cell manufacturers.
With its planned manufacturing capacity and expanding advanced materials portfolio, TACC is positioning itself to contribute to India's emerging battery manufacturing ecosystem and the global transition towards electric mobility and sustainable energy storage.
TACC Limited
HEG Advanced Materials Limited
LNJ Bhilwara Group
Riju Jhunjhunwala
Ankur Khaitan
Synthetic Graphite Anode Materials
Electric Vehicle Battery Manufacturing
Madhya Pradesh
Related Stories
Auto & Auto Components
TACC Signs MoU for Supply of 40,000 Tonnes of EV Battery Anode Material
TACC signs a non-binding MoU with a global battery manufacturer for up to 40,000 tonnes of synthetic graphite anode material and joint R&D.
Read moreAuto & Auto Components
TACC Secures Rs 6.095 billion Incentive for Battery Materials Plant in Dewas
TACC has secured Rs 6.095 billion incentive approval for its Dewas graphite anode plant, targeting 20,000 tonnes of annual capacity by June 2027.
Read moreElectrical & Electronics
IEEMA Takes ELECRAMA 2027 Roadshow to Bhopal
The Bhopal roadshow builds regional momentum for ELECRAMA 2027, which is scheduled to bring together more than 1,100 exhibitors and 500,000 footfalls.
Read moreRelated Products
Automotive Oil Pump
AUTO COMPONENTS & ACCESSORIES
Kalpak Auto Pvt Ltd offers a wide range of
automotive oil pump.
Tata Motors unveils facilities for development of Hydrogen propulsion tech
AUTO COMPONENTS & ACCESSORIES
Tata Motors, India?s largest automobile company, unveiled two state-of-the-art & new-age R&D facilities for meeting its mission of offering sustainable mobility solutions. The unveilings constitute of Read more
Tata Motors plans petrol powertrain for Harrier and Safari SUVs
AUTO COMPONENTS & ACCESSORIES
Tata Motors is in the process of developing a new petrol powertrain for its premium sports utility vehicles, the Harrier and Safari, as confirmed by a senior company official. Currently, these models Read more
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
