Telangana Would Provide the Essential Assistance to Amara Raja’s Rs 9,500 Crore Project, According to CM Revanth Reddy

The Telangana government would provide the required assistance to Amara Raja Group’s advanced chemistry cell gigafactory and battery pack assembly plant, which is being built in Mahbubnagar district, said Chief Minister Revanth Reddy on Wednesday.

According to an official statement, the Amara Raja team spoke with the CM on their groundbreaking Giga Corridor project and ePositive Energy Labs in Telangana.

“Amara Raja is a key partner in Telangana’s growth story and (we) assured the necessary support towards the operationalization of the Advanced Chemistry Cell (ACC) Gigafactory, Pack Assembly, and ePositive Energy Labs in Telangana. Telangana is committed towards clean energy and advanced storage technologies like ACCs are a priority sector for the state, the release quoted Reddy as saying.”

Amara Raja is an important partner in Telangana’s development narrative, and (we) are committed to providing the required assistance for the operationalization of the Advanced Chemistry Cell (ACC) Gigafactory, Pack Assembly, and ePositive Energy Labs in Telangana. Telangana is dedicated to renewable energy, and advanced storage technologies like as ACCs are a key area for the state, according to the announcement.

Amara Raja Energy & Mobility (previously Amara Raja Batteries) Chairman and Managing Director Jayadev Galla met with CM Reddy and Industries Minister D Sridhar Babu. Amara Raja Energy & Mobility (previously Amara Raja Batteries) Chairman and Managing Director Jayadev Galla met with CM Reddy and Industries Minister D Sridhar Babu.

During the discussion, Reddy and Galla addressed Amara Raja’s present initiatives in Telangana as well as prospective areas of partnership between the state and the corporation.

Amara Raja Energy & Mobility (ARE&M) is one of India’s top energy storage and mobility companies, as well as one of the major makers of industrial and automotive batteries. Amara Raja Energy & Mobility (ARE&M) is one of India’s top energy storage and mobility companies, as well as one of the major makers of industrial and automotive batteries.

Amara Raja is establishing the Giga Corridor as part of its entrance into advanced energy storage technologies to meet the burgeoning electric mobility and energy storage sectors.

With a capital investment of Rs 9,500 crore, the Giga Corridor would contain one of India’s biggest lithium-ion Giga Factories for Advanced Chemistry Cell manufacture and Battery Pack assembly in Mahbubnagar, as well as a Research and development center dubbed E-Positive Energy Labs in Shamshabad close here.

The project has the potential to employ 4,500 people directly and nearly the same number indirectly.

Galla said, “We appreciate the government’s continued support in ensuring the timely completion of our landmark Giga Corridor project.” Amara Raja is expected to develop rapidly, and we hope that the Telangana government will continue to encourage companies to position the state as a significant force in the expanding EV and New Energy industry. Galla said, “We appreciate the government’s continued support in ensuring the timely completion of our landmark Giga Corridor project.” Amara Raja is expected to develop rapidly, and we hope that the Telangana government will continue to encourage companies to position the state as a significant force in the expanding EV and New Energy industry.”

The meeting was also attended by Chief Secretary A Santhi Kumari, Principal Secretary (Industries) Jayesh Ranjan, and Special Secretary (Investment Promotion) Vishnu Vardhan Reddy.