TDS Lithium-Ion Battery Gujarat Private Limited (TDSG) is India’s first manufacturer of lithium-ion batteries designed specifically for hybrid vehicles. The company represents a strategic partnership between three Japanese industry leaders: Toshiba Corporation, Denso Corporation, and Suzuki Motor Corporation. Founded to address growing demand in India’s electric vehicle sector, TDSG combines Suzuki’s manufacturing expertise, Toshiba’s cell technology, and Denso’s module technology. The company has established itself as a principal supplier to major automotive manufacturers, including Maruti Suzuki India Limited and Suzuki Motor Gujarat.
Battery Technology
TDSG specializes in cell-level localization technology, producing batteries domestically rather than relying on imports. Their manufacturing process integrates advanced safety features, including lithium titanate oxide-based materials that prevent thermal runaway caused by physical stress or short circuits. The batteries are engineered for optimal performance in extreme conditions while maintaining fast-charging capabilities.
The company’s production facility implements stringent quality control measures throughout the manufacturing process. Each battery undergoes extensive testing to ensure reliability and performance. TDSG’s technical capabilities extend to both cell and module development, allowing for customized solutions that meet specific vehicle requirements. Their batteries feature enhanced energy density, improved charging cycles, and extended lifespan compared to conventional alternatives.
Recent Projects
In 2024, TDSG expanded its production capacity to support Maruti Suzuki’s plans to export lithium-ion battery cells and modules worth approximately INR 750 crore. This initiative marks a significant step in establishing India as a global manufacturing hub for electric vehicle components. The company has also strengthened its domestic supply chain network to support increased production demands.
Investors
The joint venture’s ownership structure consists of Suzuki Motor Corporation holding a 50% stake, Toshiba Corporation with 40%, and Denso Corporation maintaining 10%. The partnership represents an investment of approximately $180 million, demonstrating strong financial backing from established industry leaders. This collaboration ensures access to advanced technologies and manufacturing expertise while maintaining strategic alignment with India’s automotive sector goals.
Business Details
Location: Hansalpur, Gujarat, India
Website: https://tds-g.co.in
LinkedIn: https://www.linkedin.com/company/76864815
