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Amara Raja invests Rs 700 cr in new two-wheeler battery facility

The company manufactures lead-acid batteries for both industrial and automotive applications

Amara Raja Batteries
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 ...