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Amara Raja Batteries, India to invest INR 95 billion for battery manufacturing in Telangana

On December 2, Amara Raja Batteries Limited (ARBL) signed a memorandum of understanding (MoU) with the Government of Telangana to set up state-of-the-art research and manufacturing facilities for lithium-ion battery-making in Mahbubnagar district, Telangana. Over the next 10 years, the company intends to invest over ....

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