MoneyWorks4Me

Amara Raja to augment manufacturing capacities with a capex of Rs 440 crore

29 Jan 2013 Evaluate

Amara Raja Batteries has received an approval to augment manufacturing capacities of Large VRLA and four wheeler batteries at total capacity outlay of Rs 440 crore. The board at its meeting held on January 28, 2013 has considered and approved for the same.

Amara Raja Batteries (ARBL) is engaged in manufacturing of industrial and automotive batteries. It was founded in 1985. ARBL was first to introduce Valve Regulated Lead Acid (VRLA) batteries with three-year warranty in industrial and automotive applications.

Peers