Telangana is getting its first gigafactory in Mahbubnagar district. The factory will produce lithium cell and battery packs up to 16 GWh and 5 GWh respectively. The factory will also create jobs for around 4,500 people and a similar number of indirect jobs. Amara Raja Batteries held a ground-breaking ceremony for the project on Saturday which was attended by Minister for Industries K T Rama Rao.
The Amara Raja Group will invest over Rs 9,500 crore over 10 years for setting up research and development, and a greenfield manufacturing facility for lithium-ion battery-making in Telangana.
K T Rama Rao said that more than eight states competed for the lithium-ion battery factory, but the company chose to set up the company in Divitipalli in Telangana. The minister also assured that the Amara Raja facility at Divitipalli involved zero pollution as was the case with their facility at Chittoor district in Andhra Pradesh.
KTR said that the success of Telangana experiment has disproved all its critics, with the state becoming the most favored destination for big investors like Amara Raja Batteries.
