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Amara Raja to launch LIB assembly plant

Tue, 09/18/2018 - 14:40 -- Hugh Finzel
Amara Raja logo

Indian lead-acid battery maker Amara Raja reportedly plans to build a lithium-ion battery pack assembly plant in Andhra Pradesh in the south-east of India.

The move comes amid an upsurge of battery-related activity as manufacturers look to solidify their share of the domestic market for electric vehicle battery packs, which is expected to be worth around US$300 billion by 2030.

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