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Amara Raja targets 150% rise in lead acid battery sales, plans expansion.

At a time when the battery industry is betting big electric mobility, Rs. 12,000-crore Amara Raja Group is all set to expand its presence in lead-acid battery through increasing its... Full Story

Tata Group signs Rs. 13,000-crore EV battery plant deal with Gujarat.

The Tata group signed an outline deal with the Gujarat government recently on building a lithium-ion cell factory with an investment... Full Story

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Neuron Energy to invest more in lithium-ion battery pack business.

Neuron Energy, which manufactures lithium-ion for electric 2-wheelers and 3-wheelers in India,recently said it plans to invest ₹50 crore in the... Full Story

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LATEST HEADLINES FROM MIDDLE EAST AND NORTH AFRICA

Karnataka will emerge as leading hub for semiconductor ecosystem: Priyank Kharge.
Priyank Kharge, Karnataka IT Minister, believes the southern State will emerge to lead India’s budding semiconductor industry even as other States such as Gujarat are... Full Story
Amara Raja launches gigafactory in Telangana to produce lithium ion battery.
Amara Raja Batteries Limited recently launched the first Gigafactory in Telangana. Considered to be one of India's largest gigafactory, it will manufacture lithium-ion batteries, with a... Full Story
BPCL, VoltUp to set up 650 battery swapping stations across 50 cities.
State-run Bharat Petroleum Corporation (BPCL) has partnered with battery-as-a-service (BaaS) start-up, VoltUp, to set up 650 swapping stations with over 7,800 charging docks across 50 cities in... Full Story
Exide Industries gains on commencing work on lithium-ion cell manufacturing facility.
Exide Industries advanced 2.23% to Rs. 157.95 after the company announced the bhoomi poojan ceremony for its first lithium-ion cell manufacturing facility at the Hi-Tech... Full Story
Govt to provide Rs. 120 crore incentives for drone manufacturing.
The government will provide Rs. 120 crore as incentives for the manufacturing of drones and drone components over the next three years under the production-linked... Full Story
Defence ministry extends clearance with one-year validity to telcos for laying, maintaining undersea cables.
The defence ministry has extended clearance with one-year validity to telecom companies for laying and maintaining undersea cables, the Department of Telecom said recently. Earlier, telecom operators were required to seek... Full Story
Exide to build INR 6,000 cr gigawatt-scale li-ion plant with SVOLT knowhow.
India's largest automotive battery maker Exide Industries is all set to invest INR 6,000 crore to establish a lithium-ion cell manufacturing plant in the country in collaboration... Full Story
Anand Group plans $150-million electric push.
The $1.5-billion diversified auto component major Anand Group is planning to invest over $100-150 million in future mobility business led by ventures in electric vehicle space. The group that runs over... Full Story