Business EconomyPosted at: Apr 15 2025 4:42PM


Atul Greentech and Amara Raja announce strategic partnership agreement

Hyderabad, Apr 15 (UNI) Atul Greentech Private Limited (AGPL), a subsidiary of Atul Auto Limited and Amara Raja Group, a US$ 2 Billion Global conglomerate with a presence in various industries, on Tuesday announced a strategic partnership agreement for collaboration in development and supply of LFP (Lithium Iron Phosphate) Battery packs and chargers for electric vehicles (EVs).
The collaboration will extend to development of cells, including advanced chemistry cells for Atul Greentech‘s upcoming offerings in line with India’s vision of “Atma Nirbhar Bharat, the company said in a release here.
As part of this agreement, the battery packs for Atul Greentech’s three wheelers will be manufactured at Amara Raja’s Giga Corridor in Divitipalli, Telangana.
India’s focus on clean energy transition has seen the Indian automotive industry transition towards EVs, particularly in the two-wheeler and three-wheeler segments.
Both Amara Raja and Atul Greentech have chartered ambitious plans to tap into this growing market potential.
Vijay Kedia, Director at Atul Auto Limited, said “Atul Greentech has always been at the forefront of innovation that benefits and empowers our customers. Together with Amara Raja we are confident of advancing our successful EV journey as India adapts to electric mobility.”
Speaking about the partnership, Vijayanand Samudrala, President, New Energy, Amara Raja Energy and Mobility (ARE&M) said, "We believe that a domestic ecosystem of cells, packs, chargers along with research and development is critical as India embraces electric vehicles and are working with like minded partners to offer them best in class products for their needs.
We have immense respect for their contribution to electrify mobility in India and we are hopeful that this new agreement will further enhance their product portfolio.”
UNI KNR CS
Please log in to get detailed story.
Tags: #Atul Greentech and Amara Raja announce strategic partnership agreement
More News

RSP’s New Plate Mill registers significant operational milestones

23 Apr 2025 | 7:29 PM

Bhubaneswar, Apr 23 (UNI) The New Plate Mill (NPM) of Rourkela Steel Plant (RSP) demonstrated remarkable operational excellence in the financial year 2024–25, achieving several key milestones.

see more..
Sensex gains 520 90 pts

Sensex gains 520 90 pts

23 Apr 2025 | 6:04 PM

Mumbai, Apr 23 (UNI) Maintaining a winning streak intact for the seventh straight session, the BSE Sensex on Wednesday rallied 520.90 pts, breaching 80K level to close at 80,116.49 as buying was seen across the board along with firm global cues.

see more..
Daifuku intralogistics unveils advanced manufacturing and innovation facility

Daifuku intralogistics unveils advanced manufacturing and innovation facility

23 Apr 2025 | 6:03 PM

Mumbai, Apr 22 (UNI) Daifuku Intralogistics India Pvt. Ltd, a subsidiary of Japan-based Daifuku Co., Ltd has announced the opening of its new landmark Rs 227 crores state-of-the-art manufacturing facility, according to a statement here on Tuesday.

see more..

UP govt to transform urban areas with Rs 25K cr investment

23 Apr 2025 | 6:03 PM

Lucknow, Apr 23 (UNI) Urban areas across Uttar Pradesh are set for a major overhaul, with the state government preparing a blueprint to implement schemes worth over Rs 25,000 crore aimed at their rejuvenation, official sources said here on Wednesday.

see more..

Kottayam-Kochi rubber market rates

23 Apr 2025 | 5:57 PM

Kottayam, Apr 23 (UNI) Following were the rubber market rates per quintal announced by the Rubber Board here on Wednesday.

see more..