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IFC to invest about US$50 million into GFCL EV – Telematics Wire
News, 8 December 2025 The International Finance Corporation (IFC) has committed roughly US$50 million to GFCL EV Products Ltd. (a subsidiary of Gujarat Fluorochemicals Ltd., or GFL) to build what will become India’s first fully integrated battery-materials manufacturing facility. The project is located in Jolva near Bharuch in Gujarat. The greenfield facility aims to produce essential battery-grade materials at scale including electrolyte salt (…
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IFC to invest about US$50 million into GFCL EV – Telematics Wire
News, 8 December 2025 The International Finance Corporation (IFC) has committed roughly US$50 million to GFCL EV Products Ltd. (a subsidiary of Gujarat Fluorochemicals Ltd., or GFL) to build what will become India’s first fully integrated battery-materials manufacturing facility. The project is located in Jolva near Bharuch in Gujarat. The greenfield facility aims to produce essential battery-grade materials at scale including electrolyte salt (…
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