Jayadev Galla, Chairman and Managing Director of Amara Raja Energy & Mobility (formerly Amara Raja Batteries) met Telangana Chief Minister Anumula Revanth Reddy and Minister for ITE&C and Industries D Sridhar Babu in Hyderabad on Wednesday. During the meeting, the Chief Minister and Galla discussed Amara Raja’s ongoing projects in Telangana and explored future areas of collaboration between Telangana and Amara Raja group. Amara Raja Energy & Mobility is one of India’s leading energy storage and mobility enterprises and one of the largest manufacturers of batteries for both industrial and automotive applications. As part of its foray into advanced energy storage technologies to address the growing electric mobility and energy storage markets, Amara Raja is setting up a Giga Corridor that will include one of India’s largest lithium-ion Giga Factories for Advanced Chemistry Cell (ACC) manufacturing and Battery Pack assembly at Telangana’s New Energy Park in Mahbubnagar and an R&D hub called the E-Positive Energy Labs in Shamshabad with a capital investment of Rs 9,500 crore and direct employment generation potential for 4,500 people and almost similar number in indirect employment.
The Chief Minister said that Amara Raja was a key partner in Telangana’s growth story and offered support towards the operationalization of the Advanced Chemistry Cell Giga Factory, Pack Assembly and E-Positive Energy Labs in Telangana. The Chief Minister stated that Telangana was committed towards clean energy and advanced storage technologies like ACCs constituted a priority sector for the state.
Jayadev Galla, Chairman & Managing Director, AR E&M, said: “We appreciate the Government for their continued support towards quick execution of our landmark Giga Corridor project. Amara Raja is set to expand exponentially and we hope the Government of Telangana continues to support industries so as to establish the state as a major force in the growing EV and New Energy sector”. He reiterated Amara Raja’s commitment to further investments in Telangana in different sectors including new energy, lithium ion battery and food processing. Chief Secretary A Santhi Kumari, Principal Secretary ITE&C, I&C Jayesh Ranjan, Principal Secretary to CM V Seshadri, and Special Secretary (Investment Promotion) Dr Vishnu Reddy were present during the meeting .
