News Brief
Amara Raja Batteries Limited (ABRL)
Union Minister Electronics and IT Ashwini Vaishnaw on Saturday (8 March) laid the foundation stone for four manufacturing units at the Electronics Manufacturing Cluster (EMC) in Divitipally, Mahabubnagar, Telangana.
The EMC spans 377.65 acres and was approved under the Centre's Modified Electronics Manufacturing Cluster (EMC 2.0) Scheme.
As part of the ceremony, foundation stone was laid for upcoming Giga Factory-1 of Amara Raja company, ground-breaking ceremony was held for critical minerals refining and battery recycling of Lohum company, ground-breaking ceremony was held by Scell Energy for its cell casing manufacturing, and Altmin laid the foundation stone for its first LFP-CAM Giga Factory.
Amara Raja is the anchor investor, setting up a 16 GW cell manufacturing and 5 GW battery pack plant on 262 acres with an investment of Rs 9,500 crore over five years. The facility is expected to create around 9,000 direct and indirect jobs.
Addressing the gathering at the foundation stone laying ceremony, Ashwini Vaishnaw said, "Electric mobility remains a focus area for the government and we are committed to developing the right infrastructure and ecosystem for the promotion and adoption of EVs. We welcome Indian innovation and manufacturing initiatives and look forward to the success of this endeavor.”
The foundation stone-laying event was attended by Telangana IT and Industries Minister D Sridhar Babu, Mahabubnagar MP Aruna D K, MLA Y Srinivas Reddy, and other officials.