Endurance Technologies Commences Commercial Production of Lithium Ion Battery Packs in Pune
Endurance Technologies Limited has announced that its manufacturing facility in Mindewadi, District Pune, Maharashtra, has begun commercial production of Lithium Ion Battery packs. The operational commencement was reported effective from June 17, 2026.The greenfield plant is strategically located to support the growing demand for energy storage and mobility applications. The company's initial installed capacity stands at approximately 26,000 Lithium Ion Battery packs per month. This current setup allows for future expansion up to an estimated 35,000 packs monthly.
The facility was established following a planned capital expenditure of approximately Rs. 473 million, which will be financed through internal accruals. The company designed the plant structure with provisions for balance equipment installation to ensure seamless capacity scaling. Any planned capacity increase beyond the current limit is dependent upon the securing of further orders from Original Equipment Manufacturer (OEM) customers.
Details regarding the project and operational status are summarized below:
| Particulars | Details |
|---|---|
| Product | Lithium Ion Battery Packs |
| Operational Status | Commercial production commenced on June 17, 2026 |
| Current Monthly Capacity | Approximately 26,000 packs |
| Maximum Potential Capacity | Up to approximately 35,000 packs per month |
| Total Investment Outlay | Approximately Rs. 473 million |
The new battery pack line is intended for both mobility applications and general battery energy storage systems. The launch of these products represents a strategic move by the company to expand its portfolio in response to the growing market need for sustainable solutions in various sectors.
PRAVEG Stock Price Movement
On Wednesday, shares of Praveg Limited edged higher to close at ₹235.35, having gained 0.88% from the previous close. The stock traded during the session within a range of ₹231.65 to ₹236.30 and saw 24,404 shares change hands.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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