Amara Raja Batteries Limited (ARBL), India’s leading Industrial and Automotive Battery major, today laid the Foundation Stone for its third Automotive Battery plant at Amara Raja Growth Corridor Chittoor, Andhra Pradesh. The ceremony comes in line with the ARBL board approval for the project in August 2018.
Sri Amaranatha Reddy, Hon’ble Minister of Industries, Food Processing, Agri-Business, Commerce and Public Enterprises, Government of Andhra Pradesh laid the Foundation Stone, Dr. Ramachandra N Galla, Chairman, Amara Raja Group and Mr Vijayanand S, CEO- Amara Raja Batteries Limited, were present along with the senior management team of Amara Raja.
In the first phase, the new facility will have a capacity of 6.5 million units. The estimated investment for the first phase is INR 700 Crores and it will employ 1300 people at it’s full capacity. The plant is designed to eventually scale up to 10.8 million units, making it one of the largest facilities of its kind in the country.
Buoyed by the industry’s overall growth potential and demand expectations, ARBL announced the new automotive battery plant last year. Recently, the company signed a technology collaboration agreement with long-time partner, Johnson Controls to introduce advanced battery technologies to India. As per the agreement, the two companies will share best practices and improve product design and manufacturing technologies, enabling higher performance across Starting, Lighting and Ignition (SLI), Enhanced Flooded Batteries (EFB) and Absorbent Glass Mat (AGM) batteries.
Dr. Ramachandra N Galla, Chairman, Amara Raja Batteries ltd, said,
The country is experiencing a phenomenal rate of growth, which has opened up a plethora of opportunities for increasing production and consumption. We have always set new benchmarks in innovation led manufacturing and consolidated our market leadership in the country by expanding our capacities and adopting advanced technologies, both in automotive, as well as industrial products. We have witnessed significant growth across all our business verticals over the year and we are confident of registering even greater growth rates, in the coming times.