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GFCL EV Secures $80M for Battery Materials Growth, Total Funding Hits $130M
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GFCL EV Secures $80M for Battery Materials Growth, Total Funding Hits $130M
02 April 2026
Gujarat Fluorochemicals' subsidiary, GFCL EV, has secured an additional USD 80 million from a global investor. This brings the total capital for its battery materials division to USD 130 million, including prior funding from IFC, to drive high-value manufacturing and strengthen India's global supply chain role.
Gujarat Fluorochemicals' subsidiary, GFCL EV, has secured an additional USD 80 million from a global investor. This brings the total capital for its battery materials division to USD 130 million, including prior funding from IFC, to drive high-value manufacturing and strengthen India's global supply chain role.
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