Amara Raja Batteries is planning to increase the supply cost of automotive batteries, considering the falling rupee impacts on its price patterns. But the company already has long-term contracts with some of its customers such as automobile manufacturers, so it will have to consider renegotiation. It imports nearly 50% of the lead requirement, which impacted by rupee depreciation.
Amara Raja Batteries 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.
