Deal Teaser – A Technology Partner Willing to Collaborate With an Overseas Lithium-ion Energy Solutions Provider – India

Business Description

Established in the year 1980, the Indian Group has been in the paper and packaging business for 40 years and is a leading name in the Indian paper industry. The Indian business has entered the green energy space with the aim of developing cutting-edge technology driven Lithium-ion battery storage solutions, for a greener life and better mobility. The company has a ready manufacturing set-up, in-house world class R&D lab and technical consultants and a strong awareness of the Indian market.

Presently, it imports Li-ion cells and assembles the batteries for EV applications. The company is keen on developing lithium-ion energy storage systems for multiple applications.

The Indian company has the infrastructural capability and machines (for battery production, cell testing and sum- frequency generation) to produce 3000 Li-ion battery packs made from cylindrical cells and 1500 battery packs from prismatic cells for applications in electric vehicles, solar street and LED lights, and telecom.

Reason for Selling

The Company is seeking a technology partner and is willing to collaborate with an overseas Lithium-ion energy solutions provider- looking to expand to the Indian market. At present, they plan to produce energy storage and battery management systems for various applications in EV, solar and telecom.

With the right partner, the company might consider commencing battery manufacturing to avail the benefits under the newly launched ‘Production Linked Incentive’ scheme in India

Key Financials

year sales ebitda net income nfp
2019-20 USD7,000.00 USD0.00 USD0.00 USD0.00

Additional Information

Traction:

1. A fully- equipped manufacturing plant with modern equipment and capacity to produce 4500+ battery packs
2. Excellent response and good demand for products by key players in the industry. All battery packs are customized as per application - with robust design and high cycle life
3. The company is led and managed by a team of innovative experts and has an effective sales team
4. Strong awareness of the Indian market and the potential to become a leader in green energy solutions
5. Government initiatives driving the growth of Lithium-ion battery production in India

**Transaction types considered**
Joint Venture
Technology Licensing

**Main Products**
Lithium-Ion Batteries
Energy Storage System

Gautam Khurana

Founder & Managing Partner
India Law Offices LLP