Naxion Energy to invest Rs 200 cr, grow workforce 50% for Hyderabad plant

• Naxion Energy will invest Rs 200 crore by December 2026 to expand manufacturing capabilities, including a new facility in Hyderabad.
• The company plans to increase its workforce by 50% as part of this expansion.
• Naxion Energy launched India's first sodium-ion-based energy storage systems, developed at its Coimbatore plant.
• The new energy platform integrates a battery, inverter, and solar MPPT, offering a safer, lighter, and more cost-efficient alternative to lead-acid batteries.
• These systems aim to replace diesel generators and provide reliable, maintenance-free energy for residential, commercial, industrial, and defence sectors.

Why It Matters: Investment brings cleaner, cheaper energy storage, replacing old systems.