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May 08,2023

Amara Raja to invest Rs 9.5K Cr. for Li-ion batteries manufacturing in Telangana

Amara Raja Batteries Ltd. (ARBL) is ready to set up its first giga factory to produce 16GWh of Li cells and a 5GWh Battery Packs capacity plant in Mahbubnagar, Telangana. In this project, ARBL is investing over INR 9.5K crore to set up R&D and greenfield manufacturing and will create employment for 4500 people by the end of 2033.

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