Amara Raja Batteries Ltd on Saturday held a grand groundbreaking ceremony for Telangana’s first gigafactory in Mahbubnagar district to produce Lithium Cell and Battery Packs, with an ultimate capacity of upto 16 GWh and 5 GWh respectively. A release from the battery maker said the event was graced by Telangana Minister for Industries KT Rama Rao, Founder, Amara Raja Group Ramachandra N Galla, Chariman and Managing Director, ARBL Jayadev Galla.

ARBL had earlier said it will be investing over Rs 9,500 crore, over a period of 10 years for setting up research and development, and a greenfield manufacturing facility for lithium-ion battery-making in Telangana.

The ground-breaking ceremony officially marked the beginning of ‘Amara Raja Giga Corridor’ that aims to produce Lithium Cell and Battery Packs with an ultimate capacity of up to 16GWh and up to 5 GWh respectively.

The facility also aims to create direct employment for about 4,500 people and a similar number of indirect jobs that will make significant contributions to the socio-economic development in the region.

“The Bhoomi pooja marks a significant milestone in our journey and our strategic step is not just limited to setting up of the Giga Corridor but to provide non-migratory jobs to the local youth.

Source:  Economic Times

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