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Dec 02, 2022, 05.15 PM

Amara Raja Batteries & Telangana govt sign MoU for lithium-ion battery-making facility

Over the next 10 years, the company intends to invest over Rs. 9500 crores, after necessary approvals. 

The initial facilities would include a firstof-its kind advanced energy research and innovation center in Hyderabad, dubbed the Amara Raja E-hub.

Amara Raja Batteries Limited has signed a memorandum of understanding (MoU) with the Government of Telangana to setup state-of-the-art research and manufacturing facilities for lithium-ion battery-making in Mahbubnagar district, Telangana. 

Over the next 10 years, the company intends to invest over Rs. 9500 crores, after necessary approvals. 

Jayadev Galla, Chairman & Managing Director, Amara Raja Batteries, made the announcement in the presence of  K T Rama Rao, Hon’ble Minister for Ind and Com, IT, E&C, and MA & UD and Sayesh Ranjan, IAS, Principal Secretary, Ind & Com and IT, E&C and other dignitaries from the industry.

As the latest in its pivot to becoming an ‘Energy & Mobility’ enterprise, Amara Raja Batteries has chosen the State of Telangana to house the Amara Raja Giga Corridor. 

The initial facilities would include a firstof-its kind advanced energy research and innovation center in Hyderabad, dubbed the Amara Raja E-hub.

This facility will be equipped with advanced laboratories and testing infrastructure for material research, prototyping, product life cycle analysis and Proof of Concept demonstration. 

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