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Amara Raja Batteries Limited is now Amara Raja Energy & Mobility Limited equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
This strategic change underscores the company s commitment to its new role as a comprehensive solutions provider in the energy and mobility sector, the battery maker said in a press release. Company Chairman and Managing Director Jayadev Galla said, "Over the past three years, we have made significant investments in our in-house R&D capabilities and have strategically partnered with companies at the forefront of new energy technologies. ....
The firm cannot afford to take its focus off the lead-acid battery business. Its Amaron brand is well established and has almost caught up with market leader Exide in the replacement market. ....
India s Amara Raja Batteries plans to expand into the two-wheeler electric vehicle market, first through chargers and then batteries, as part of an expansion to triple its lithium-ion business. -Today at 07:25 am- MarketScreener ....