Amara Raja Batteries (ARBL) is aiming to be an Rs 10,000-crore entity in the next 2-3 years as the company clocks a solid double-digit growth in its automotive segment. The company expects that its automotive segment will contribute around two-thirds of its overall sales in the next 2-3 years and the rest will come from the industrial segment. Besides, the company sees potential in the solar segment, which requires clean batteries for energy storage, as thrust on green energy is on the rise.
Amara Raja Batteries is the flagship company of the group and is engaged in manufacturing of industrial and automotive batteries. The company was first to introduce Valve Regulated Lead Acid (VRLA) batteries with three-year warranty in industrial and automotive applications.
