.Premium Vikram Handa, Taking Care Of Director, Epsilon Advanced Materials3 min checked out Final Upgraded: Aug 07 2024|11:20 PM IST.Epsilon Advanced Products, a Mumbai-based producer of graphite anodes (and also soon cathodes), which are important elements in power automobile (EV) electric batteries, is pressing the Indian government to negotiate an Important Raw Materials Act with the United States. This will ensure that battery components transported coming from India to the United States comply with the United States Rising Cost Of Living Decrease Process (INDIVIDUAL RETIREMENT ACCOUNT).The IRA offers numerous incentives to accelerate EV fostering in the automobile business. If authorized, the deal could install India as a key center for global electric battery material exports.Vikram Handa, managing supervisor of Epsilon, points out that under the IRA, anFirst Released: Aug 07 2024|11:20 PM IST.