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AKYCHA
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PROMOTERS
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Dr. Arvind N Sinha
Arvind is a business management graduate from FMS, BHU. His
professional career includes a decade of extensive experience in
professional grade electronic manufacturing, marketing and exports
of multilayer PCBs, SMT, assemblies and components. He was also
instrumental in capacity expansion projects for PCBs and PCB
assemblies. This exposure has provided him an in-depth
understanding of function and management of hi-tech industrial
scale production units.
His entrepreneurial experience includes setting up a unit to
manufacture and supply wireline product requirements to telecom
industry. Since last ten years, he has been teaching management at
prestigious institutions. He holds a PhD in the area of corporate
strategy and CSR.
AKYCHA
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CA Shashi Sawhney
She was working as Assistant Professor with Amity University. She has a
rich exposure in the areas of international taxation, direct taxation and
related matters.
She has handled and assisted in all kinds of Income-tax assessments and
litigation proceedings before the High court and the Supreme Court.
AKYCHA
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WHY Lithium ion CELLS?
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Global Market Overview
A study by Gartner predicts that countries such as India will help generate
new mobile phone user growth. Sales of smartphones in India are on pace
and will continue to exhibit double-digit growth in the next two years.
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Indian Market Overview
By 2020, almost 96 per cent of mobile phones sold in India will be locally
manufactured, according to a research report titled 'Indian Mobile Phone market:
Emerging Opportunities for fulfilling India's Digital Economy Dream', released by
Enixta, an artificial intelligence company, and Internet & Mobile Association of India
(IAMAI).
At the Paris Climate Summit in December 2016, India promised to achieve 175GW of
renewable energy capacity by 2022. This includes 60GW from wind power, 100GW
from solar power, 10GW from biomass and 5GW from small hydro projects.
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Indian Market - Statistics
2019 2020
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A Fact
There is no manufacturing facility in India till date to
manufacture and supply necessary Lithium –ion batteries to
this vast and ever growing market.
AKYCHA
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Akycha’s Action Point
Phase 1
Akycha has planned to start its first manufacturing unit
with a capacity of 100 mega watt-hours of advance
technology lithium ion battery cells with multiple
chemistries to serve diverse market.
Phase 2
Akycha to expand its capacity to produce 611 mega watt-
hours of lithium ion battery cells and start manufacturing of
Battery Management Systems for energy storage and
electric vehicles markets.
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Required Start-up Funds
Operating Capital
Working Capital 5,89,33,745
Total Operating Capital (B ) 5,89,33,745
Preliminary expenses (C ) 1,58,07,000
Gross Investment (A) + (B) + (C ) 34,72,29,785
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Financial Ratios
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GOVERNMENT SUPPORT
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Akycha’s project qualifies for a number incentives and tax
benefits from the government.