TCPL Packaging enters lithium-ion battery separator films biz, eyes ₹2,000 cr revenue at full scale
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓TCPL Packaging is entering the lithium-ion battery separator films business through a new subsidiary.
- ✓Executive Director Akshay Kanoria said, "We are making progress in the initial stages of the project." The firm incorporated TCPL Energy Materials Limited on September 24, 2026, and eyes ₹2,000 crore revenue at full scale.
Story at a Glance
- Category
- Indian Markets
- Reported By
- cnbctv18
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The packaging major is diversifying into lithium-ion battery separator films through a new subsidiary to capture massive multi-fold revenue growth over the next half-decade, backed by a strong surge in quarterly profit margins. Check how fast the domestic battery ecosystem is expected to scale.
Folding cartons manufacturer TCPL Packaging Ltd is targeting revenue of up to ₹2,000 crore from its lithium-ion battery separator films business at full scale, with the company planning to expand the new venture over the next five to six years.
The initial investment is expected to generate revenue of up to ₹200 crore, Executive Director Akshay Kanoria said during the company's second-quarter (Q2) FY27 earnings conference call on November 6.
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