Himadri Speciality Chemicals plans to establish a 100 GWh battery materials manufacturing facility, which is expected to generate an additional 30,000 crore in revenue over the next five years. The company is also expanding its Lithium Iron Phosphate cathode active material plant, which is projected to significantly boost revenue and is the first such facility globally outside China. Analyst Ambareesh Baliga highlighted the potential of this expansion to add another 30,000 crore in revenue, driven by rising demand for EV battery materials.