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Inox GFL Secures $50 Million Funding from International Finance Corporation

The funding will be utilized to develop an integrated battery material facility

December 9, 2025

/ Melvin Mathew
/ Energy Storage, Finance and M&A
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GFCL EV Products, a subsidiary of Gujarat Fluorochemicals (GFL), has secured an investment of ~$50 million (~₹4.5 billion) from the International Finance Corporation (IFC) to develop an integrated battery material facility.

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Melvin Mathew

More articles from Melvin Mathew.
Battery ManufacturingBESSGFCL EV ProductsInox GFLinvestment
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