Amara Raja commits ₹5.5 billion to battery gigafactory and EV charging expansion in India
By Eve
Amara Raja Energy & Mobility has approved ₹5.5 billion (approximately $57.64 million) in additional investments to accelerate its battery manufacturing infrastructure in India. The majority, ₹5 billion, will go to subsidiary Amara Raja Advanced Cell Technologies for its Divitipally, Telangana gigafactory, bringing total approved investment to ₹25 billion and targeting 16 GWh capacity for lithium ion cells and battery packs. A further ₹500 million has been allocated to Amara Raja Power Systems, doubling its approved investment to ₹1 billion, to support EV charging product manufacturing and operations.
Why it matters: The investment signals growing domestic manufacturing capacity for both batteries and charging infrastructure in India, potentially creating new procurement opportunities for CPOs seeking locally produced equipment. With 16 GWh of planned cell production and dedicated funding for charging solutions, Amara Raja is positioning itself as an integrated supplier in the Indian EV ecosystem.