IFC Invests $50M in GFCL EV for Gujarat Battery Facility
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The International Finance Corporation (IFC) has announced a significant investment in Gujarat Fluorochemicals Limited (GFL) aimed at boosting the electric vehicle (EV) sector in India. The IFC is committing approximately $50 million to GFCL EV Products Ltd. (GFCL EV), enhancing the production of vital battery materials. Investment Overview This investment from IFC will be made …
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