Follow us
INTERVIEW: Chairman Jayadev Galla on Amara Raja's future plans
Amara Raja Energy & Mobility aims to lead India's EV battery market, investing in lithium-ion technology while maintaining growth in the lead-acid business. With plans for a 30 gigawatt-hour Giga factory and expansion into various EV segments, Chairman Jayadev Galla is targeting a 50-50 revenue split between new energy and traditional business.
22 Sep 2024
18003 Views
Share -
INDIA'S SECOND-LARGEST AUTOMOTIVE battery maker, Amara Raja Energy & Mobility, which, along with Exide, controls nearly 80% of the domestic automotive battery market, is now setting its sights on the lithium-ion segment. This move is a strategic leap, aimed at capitalising on the fast-growing electric vehicle market while also hedging against the vulnerabilities in its core lead-acid battery business.
In Q1Y25, revenue from its lead-acid battery business saw a 15% year-on-year growth. Meanwhile, its li-ion-based new energy segment — focussed primarily on mobility and energy storage — outpaced expectations with a 20% year-on-year increase in revenue.
Autocar Professional ...
RELATED ARTICLES
"What Is Needed to Succeed Globally is Quality and Performance": Neeraj Kanwar, Apollo Tyres
Shahkar Abidi
09 Oct 2026
Apollo Tyres nearly doubled capex to ₹1,403 crore in FY26 and has begun a new expansion cycle in FY27, with investments ...
"India Must Be an Innovation Hub, Not Just an Engineering Centre": Krishna Kumar G, Harman India
Kiran Murali
30 Sep 2026
Harman India is expanding manufacturing, engineering and connectivity capabilities as it targets business growth and see...
CCO, VECV: Intercity Travel Has Picked Up Like Never Before
Kiran Murali
14 Jun 2026
SS Gill of VECV on why India's bus market is crossing 100,000 units — and where it goes from here.
