Amara Raja Energy and Mobility Ltd plans to increase the production capacity of lithium-ion cells at its greenfield gigafactory to over 25 GWh annually, surpassing the initial target of 16 GWh. The strategic increase aims to enhance the competitive edge of the company globally.
The ₹9,500 crore gigafactory located in Telangana will also produce battery packs. Over the next decade, the company targets 16 GWh of cell capacity and 5 GWh of battery pack capacity. The first phase of the project, with a capacity of 2 GWh, is expected to be completed in the upcoming fiscal year.
India’s battery manufacturing capacity is projected to reach 150 GWh by 2030, with companies like Ola Electric, Exide Industries, Reliance Industries, and GODI India also planning their own gigafactories.
As reported by manufacturingtodayindia.com, the gigafactory will initially produce NMC cells for two-wheelers and has partnered with a Chinese company for NMC-based 2170 cylindrical cells. Amara Raja is also a contender for the government’s PLI scheme, aiming to secure 10 GWh of advanced chemistry cell manufacturing.