Amara Raja Group, one of India’s leading energy storage companies will commence commercial production of lithium-ion batteries in the next 2 years.
The announcement was made by Vijayanand Samudrala, President, Amara Raja at the India Energy Storage Alliance’s (IESA) 3rd annual India Battery Manufacturing and Supply Chain Summit (IBMSCS) in Hyderabad.
Samudrala said that Amara Raja will have the first giga factory up and running before the end of next year. “We will have 3-4 individual factory buildings, dealing with two chemistries, both NMC as well as LFP, and two formats,