EM&I Visits Hyderabad, India... "Discussing Collaboration with State Government and Local Companies"

EM&I announced on the 23rd that it visited Hyderabad, known as the IT capital of India, to discuss collaboration on new business ventures with state government officials and local companies.

Go Chang-hoon, CEO of EM&I, along with key executives, visited Hyderabad in the southern Indian state of Telangana from the 16th to the 20th. During the visit, they held business meetings with the Telangana state government and partner companies such as Laxai and BriskEV.

First, EM&I met with Telangana state government officials to purchase land for a battery logistics center. Invited by Jeyesh Ranjan, Principal Secretary for IT and Industries, they met with Sujai Karanmpurl, Director of Electric Vehicles (EV), Energy Storage Systems (ESS), Electronics, and Semiconductors. The company explained that the battery logistics center to be established by the local subsidiary EMEV would become a standard model for the Telangana state government, with support from the Indian government.

Discussions with Laxai focused on the development and supply of materials such as D2O (heavy water) and Benzene D6, used in OLED (organic light-emitting diode) processes. Additionally, lithium carbonate and high-purity lithium hydroxide, for which EM&I holds exclusive domestic distribution rights, showed satisfactory results in the recent third round of sample testing. During this visit, they reviewed the sample refining process and agreed to strengthen cooperation to achieve mass production quality through additional testing.

EM&I also stated that it possesses experience in developing lithium complexes for OLEDs and holds patented technology, providing continuous consulting for Laxai’s material development. Furthermore, with BriskEV, a manufacturer of electric two-wheelers, they discussed specific terms regarding building a production plant near the battery logistics center that EM&I plans to establish, as well as the supply of batteries and displays.

An EM&I representative said, “We plan to build a 5,300-pyeong (approximately 17,500 square meters) logistics center for battery supply and used battery recycling within the Telangana state industrial complex,” adding, “At the same time, with the full support of the Telangana state government, we are providing consulting to establish institutional regulations for the battery logistics center.”

This content was produced with the assistance of AI translation services.