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NSE:GUFL 7 December 2025

IFC’s $50 Million Bet on GFCL EV: How India’s First Integrated Battery Materials Plant Could Rewire the EV Supply Chain

IFC’s $50 Million Bet on GFCL EV: How India’s First Integrated Battery Materials Plant Could Rewire the EV Supply Chain

New Delhi/Ahmedabad, December 6, 2025 — The International Finance Corporation, the World Bank Group’s private-sector arm, has committed around US$50 million to GFCL EV Products Limited, a subsidiary of Gujarat Fluorochemicals Limited, to build India’s first fully integrated battery‑materials manufacturing facility at Jolva, near Bharuch in Gujarat.The Times of India+2EQ Mag Pro+2 The greenfield plant will produce a suite of critical lithium‑ion battery ingredients—from lithium hexafluorophosphate electrolyte salt and formulated electrolytes to lithium iron phosphate cathode materials and PVDF/PTFE binders—under one roof, directly serving India’s fast‑growing electric vehicle and energy‑storage markets.The Times of India+2ETAuto.com+2
7 December 2025
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Stock Market Today

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