In a strategic move to accelerate its expansion into the global battery chemicals market, PCBL Chemical Limited’s subsidiary, Nanovace Technologies Ltd, has announced the incorporation of Nanovace Inc, a wholly-owned U.S. entity based in Delaware.
The launch of the American arm marks a significant milestone for the India-based advanced materials firm, aligning with its vision to play a pivotal role in the fast-growing North American energy storage ecosystem. The company disclosed the development in a filing with the National Stock Exchange (NSE) earlier this week.
According to Nanovace, the new entity will serve as a gateway to improve market access in the United States and support its participation in the expanding supply chain for next-generation battery materials. A U.S. presence will also allow the company to navigate local regulations more efficiently and capitalize on government incentives aimed at reshoring and localizing clean energy technologies.
“Establishing a base in Delaware brings us closer to our customers and strengthens our ability to respond to the needs of the U.S. battery ecosystem,” the company said in its statement.
Nanovace has developed proprietary technologies that enable the localization of critical battery materials, including graphite-silicon composites, a key component for high-performance lithium-ion batteries. These materials are viewed as essential for future energy storage systems that power electric vehicles and grid-scale applications.
With this expansion, Nanovace positions itself to become a serious contender in the international battery materials market, leveraging its R&D capabilities and India’s growing manufacturing competitiveness.
The move comes amid increasing global demand for sustainable and secure battery supply chains, as the U.S. and other Western nations ramp up efforts to reduce reliance on imports from dominant Asian suppliers.