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TDS Lithium-Ion Battery Gujarat Private Limited (TDSG)

TDSG is the India’s first Lithium-ion Battery manufacturing plant in Gujarat which is being set up jointly between TOSHIBA Corporation, DENSO Corporation and Suzuki Motor Corporation to manufacture and supply Lithium-ion battery to Maruti Suzuki and Suzuki Motor Gujarat. The manufacturing operation will be derived by Suzuki's expertize with contribution of TOSHIBA's cell technology and Denso's module technology.

The Lithium-ion battery joint venture sees the equity stake split between Suzuki (50 percent), TOSHIBA (40 percent) and Denso (10 percent). 180 MILLION USD (Investment amount) has been invested between all three Japanese ventures for the lithium-ion battery manufacturing plant slated to be ready by 2020.