Establishment of a lithium-ion battery pack manufacturing center in Pune, Maharashtra.

The global lithium-ion battery pack market is entering a new era of rapid expansion, primarily propelled by the escalating demand for electric vehicles, the growing need for renewable energy storage solutions, and a widening spectrum of other applications.

Endurance Technologies is embarking on a strategic expansion into the sustainable energy sector by establishing a new lithium-ion battery pack manufacturing center in Pune, Maharashtra.

With a planned investment of approximately ₹47.3 crore, this facility underscores the company's commitment to diversifying its business and meeting the increasing market demand for sustainable energy solutions. Production at the new unit is slated to begin in January 2026, with a phased rollout commencing in the fourth quarter of the fiscal year 2026.

Upon reaching full operational capacity, the Pune plant will boast a monthly production capability of 35,000 battery packs, primarily targeting the domestic market. The entire investment for this venture is being funded through the company's internal accruals.