Amara Raja Advanced Cell Technologies approves capex of Rs 2,320 cr for capacity enhancement and new plant

The board of Amara Raja Energy & Mobility at its meeting held on 02 November 2026 has noted the capex of Rs 2,320 crore approved by Board of Amara Raja Advanced Cell Technologies (a wholly owned subsidiary of the company) for increasing the Pack Manufacturing capacity from 4 Gwh to 9 Gwh and setting up of LFP Cell Manufacturing Plant at the Amara Raja Giga Corridor in Telangana.

The said plants will be established within next 30 months. The capex for these facilities will be financed through a mix of equity and debt.

This investment re-affirms and is in line with the company's 'Energy & Mobility' roadmap and its Giga Corridor initiative aimed at establishing an integrated ecosystem in India for emerging Energy and Mobility technologies.