Amara Raja Energy to Invest ₹5.5 Billion in Subsidiaries

The investment will support its lithium-ion battery gigafactory development and manufacturing requirements

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Battery manufacturer Amara Raja Energy & Mobility has approved additional investments totaling ₹5.5 billion (~$57.64 million) in two of its wholly owned subsidiaries to support its lithium-ion battery gigafactory development and manufacturing requirements.

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