Amara Raja Doubles Down on Battery Tech with ₹2,320 Cr Boost

Amara Raja Energy & Mobility's Board has approved a major capital expenditure program of ₹2,320 crore to accelerate its advanced energy storage strategy. Executed through its wholly-owned subsidiary, Amara Raja Advanced Cell Technologies, the investment will fund a new Lithium Iron Phosphate (LFP) cell manufacturing unit in Telangana. Furthermore, the plan will expand the company's existing battery-pack capacity from 4 GWh to 9 GWh within 30 months. This move builds on the company's total investment of ₹2,100.01 crore in its advanced-cell subsidiary as of September 30, 2026, significantly strengthening India's domestic battery production ecosystem.

News by Rahul Yelligetti.