 "Amara Raja Batteries")
India’s leading battery major Amara Raja Batteries Ltd (ARBL) will strengthen its two-wheeler battery plant with an estimated investment of Rs 700 crore. The company said it had started catering to electric vehicles as a pilot.
The first phase of the new facility was inaugurated on Tuesday at Chittor in Andhra Pradesh. The firm has invested over Rs 400 crore in phase-I, which will have an initial capacity of around 5 million units, while ultimate capacity would be 17 million in the next five years.
With the additional capacity, total two-wheeler battery manufacturing capacity for the company will
The first phase of the new facility was inaugurated on Tuesday at Chittor in Andhra Pradesh. The firm has invested over Rs 400 crore in phase-I, which will have an initial capacity of around 5 million units, while ultimate capacity would be 17 million in the next five years.
With the additional capacity, total two-wheeler battery manufacturing capacity for the company will
