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.
Union Budget Suggestion: Growth First, Deficit Second
Apple Sets Revenue Record In India, Will Open Another Store In Mumbai Soon: Tim Cook
CUET UG 2026 Registration Closes Today At 11:50 PM; Last Chance To Apply Now At cuet.nta.nic.in
Karnataka Shocker: Newlywed Man, Matchmaker Die By Suicide After Woman 'Elopes' With Lover 2 Months After Marriage
