From apparel and garments for the general public, Rajasthan-based $1.2 billion LNJ Bhilwara Group is planning to expand into the electric vehicle sector.
In association with Replus Engitech, the group is reported to be constructing a 1 GWh battery factory in Pune, with plans to touch 5 GWh by 2026.
From textiles, graphite, and energy generation, the group's new firm will be its fourth pillar, looking at generating at least 15 per cent of its income.
LNJ Bhilwara Replus will focus on building high-tech, energy-efficient, smart, secure, and sustainable solutions that enrich the lives and livelihoods of communities, businesses, mobility, and utilities throughout the world.
LNJ Bhilwara Group
LNJ Bhilwara Group is one of the country’s diverse business conglomerates, with its roots dating back to 1961. The journey of the Group started then in a small Bhilwara city of Rajasthan when L. N. Jhunjhunwala established a textile mill there, laying the foundation of what would in due course become one of India’s leading textile companies – RSWM Limited. From one textile mill the group has grown into 17 companies with its 21 manufacturing units and 9 marketing offices spread across textile, power, graphite electrode, info technology sectors.
Replus Engitech
Replus Engitech Private Limited is a technology led manufacturing start-up approved by GoI’s DPIIT (Department for Promotion of Industry and Internal Trade). Since its incorporation, Replus has catered to the Battery Energy Storage System (BESS) segment as per the needs of the market and has deployed various projects to support various power & energy applications.
Replus aspires to be a leading manufacturer and service partner by providing cutting edge and most advance solutions for Battery Energy Storage needs of the industry. Replus offers proven and secure solutions based on Lithium-ion Technology, Advanced Cell Chemistry, In-House BMS & EMS Design, Battery Pack Manufacturing, Monitoring and Tracking Systems. Replus team brings in collective experience of more than 2 decades in renewable energy & energy storage domain to deliver most complex solutions from concept to commissioning to most reliable operation & maintenance service needs.