Amara Raja targets 150% rise in lead acid battery sales, plans expansion

The company is looking to increase the capacity of four-wheeler batteries from 19 million units now to 24 million units in the next three years

At a time when the battery industry is betting big on electric mobility, the Rs 12,000-crore Amara Raja Group is all set to expand presence in the lead-acid battery segment. It is planning to grow by increasing its manufacturing capacity and raising market presence in West Asia, South-East Asia and Africa, through the organic and inorganic routes.

The company has drawn a roadmap to increase sales in the lead acid segment by 150 per cent from around $1.2 billion now to $3 billion in five years.

Amara Raja has the second-largest lead-acid battery brand Amaron in India and holds around 2.5 per