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The Green Pivot | Opportunities and risks in Amara Raja’s new energy gamble

The dilemma for the auto OEMs and components makers presently is “to do or die” amid the sure shift towards green technologies.

July 06, 2021 / 08:30 AM IST
The Green Pivot | Opportunities and risks in Amara Raja’s new energy gamble

At Amara Raja Batteries Ltd, a new order is set to replace the old. At a recent analysts’ meet, the country’s No.2 lead acid battery (LAB) maker unveiled its intent to transition into new energy and mobility businesses. This includes lithium-ion (Li-ion) cell manufacture along with related businesses such as battery packs, electric vehicle (EV) chargers, energy storage systems and home energy solutions over the next decade. The new vision will also push the pedal on its flourishing LAB business...

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