India’s Amara Raja Batteries (Amara) is to expand into the solar and motive power markets and plans to open a second manufacturing plant in Chitoor, India.
Amara aims to target the solar storage market with its lead-acid batteries. Its motive power batteries are aimed to be supplied to a wide variety of electric powered transportation systems, including the railway market.
The battery manufacturer has commissioned an additional manufacturing plant in January in Chitoor, India and is to open another battery factory in the same region in December this year in order to increase its exports.
Amara is currently supplying lead-acid batteries to the industrial and automotive market. Amara’s focus has been on Indian Ocean rim countries, especially in the African continent. Its batteries are now marketed in Nigeria, Uganda, Tanzania and Egypt.
“We will also continue to explore the possibilities for forging strategic alliances in the industrial batteries business and cater to dynamic technology changes in the storage power sector globally,” said Jaydev Galla, managing director at Amara.
In 2013, Amara and Exide Industries dominated the Indian lead-acid battery market with a 90% market share.
