According to a corporate filing, major battery maker Amara Raja has signed a memorandum of undertstanding to invest Rs 9,500 crore in a gigafactory in Telangana.
The company plans to invest the sum over a period of 10 years after getting the required approvals, and open access to facilities for other players in the space.
The deal is part of a strategic partnership with the Telangana government top boost innovation for sustainability.
FPJ Exclusive: ANTF Launches Multi-State Operation To Nab Alleged MD Syndicate Masterminds, Trail Leads From Mumbai To Bengaluru Labs To Rajasthan
CBI Arrests CGST Deputy Commissioner And Four Others In Jhansi Over ₹70 Lakh Bribe, Recovers Cash, Gold And Property Papers
Mumbai Tragedy: 21-Year-Old Biker Dies After Hit-And-Run On Eastern Express Highway
Happy New Year 2026! Mumbaikars Welcome NY26 With Grand Fireworks At Bandra Reclamation, Marine Drive | VIDEOS
