JLNPhenix Plans To Invest Over 200 Crore Towards Make In India Manufacturing

Green Energy Solutions provider, JLNPhenix Energy is planning to expand its product portfolio. The company plans to enter into manufacturing of EV Powertrain components at its new 3rd manufacturing unit at Hyderabad. 

The company will manufacture e-mobility powertrain components at the Hyderabad plant, such as hub-motors, mid-drive motors, motor controllers, DC-DC converters, wiring harnesses, and vehicle display units. The company already has two lithium-ion battery manufacturing plants at Noida and Pune, and now the Hyderabad plant will complete the EV Powertrain component portfolio.  

The company is at the forefront of the "Make in India" initiative. Hyderabad manufacturing facility, which has an expected investment outlay of approximately Rs. 200 Crores further cements its commitment to the Indian market and enhancing the footprint in the EV component space. The company caters to major EV OEMs and the Hyderabad facility will further expand its market reach pan India.

"Hyderabad manufacturing plant marks the dawn of a new era for JLNPhenix Energy as we gear up to introduce new products and features and integration of  EV Batteries, and Powertrain components for the EV industry. Last year, we clocked a revenue of Rs 122 cr, on the back of our exponential growth, we’re now well-equipped to launch a new plant in Hyderabad. Acting on our mission to provide adequate support and deliver on the Atmanirbhar & Green Energy Initiative in India, we are also coming up with new business-use cases and innovations to support the changing needs of brands," said Sunil Gandhi, CEO of JLNPhenix Energy.

The Company boasts of a strong as well as dependable supply chain and offers EV components that are specifically tailored to the customer's needs. The Company has exclusive agreements with overseas supplier partners, and their technology has evolved from cylindrical to pouch cells.