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.
Mumbai: Borivali School Authority Makes Obscene Comment When Parent Asks About Fee Hike, ‘Wife Ko Humare Paas Bhej Dena…’ | Watch
Kyunki Saas Bhi Kabhi Bahu Thi 2 Written Update, December 22: Pari's Birthday Turns Into A Family Feud
'We Love Shilpa Shinde As Angoori': Bhabiji Ghar Par Hain Fans Celebrate Actress's Grand Comeback After Nearly 10 Years
Anupamaa Written Update, December 22: Ishani Steals Bharti's Jewelry Before The Wedding
