Indian battery firm Amara Raja Batteries is set to double its manufacturing capacity of valve regulated lead-acid batteries to meet demand for OEM and aftermarket applications.
The company is expected to increase capacity from 11 million units a year to 25 million, reports The Hindu newspaper.
The company’s board of directors has decided to implement a four-phase expansion over the next four years to expand production for the two- and four-wheel battery market, the report said.
The first phase of expansion plans will see three additional lines set up to boost two-wheel battery capacity from 11million a year to 15 million.
Earlier this year, the company approved expansion of four-wheel battery-making capacity from 8.25million a year to 11million.
It is believed the expansion projects will be built alongside the company’s existing facility in Chittoor.
Amara Raja has OEM supply relationships with Ashok Leyland, Ford India, Honda, Hyundai, M&M, Maruti Suzuki and Tata Motors.