Which company has signed an MoU with Panasonic Group company Panasonic Energy Co. to manufacture cylindrical lithium-ion cells in India?

Practice MCQ for SSC, UPSC, RRB Exams

A. Hindustan Petroleum A.
B. Indian Oil Corporation B.
C. Oil and Natural Gas Corporation C.
D. Reliance Petroleum D.

Correct Answer: B সঠিক উত্তর: B

Explanation ব্যাখ্যা

State-owned refiner Indian Oil Corporation and Panasonic Group company Panasonic Energy Co. have signed a binding term sheet to draw framework of their proposed joint venture (JV) to manufacture cylindrical lithium-ion cells in India. This initiative is driven by the anticipated expansion of demand for batteries for two- and three-wheel vehicles and energy storage systems in the Indian market
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