Boost to EV Sector: Vaishnaw Inaugurates Electronics Manufacturing Units in Mahabubnagar
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Addressing the gathering, Vaishnaw said electric mobility remains a focus area for the government. The government is committed to developing the right infrastructure and ecosystem for the promotion and adoption of EVs.
“We welcome Indian innovation and manufacturing initiatives and look forward to the success of this endeavor,” the release quoted Vaishnaw as saying.
Under the scheme, it had accorded approval for establishment of the Electronics Manufacturing Cluster (EMC) project over an area of 377.65 acres at Divtipally village, it said.
Earlier in the day, the Union Minister said Prime Minister Narendra Modi has placed a strong emphasis on electronics manufacturing, with the Centre supporting three electronics manufacturing clusters in Telangana.
Ahead of visiting the cluster at Divitipalli, Vaishnaw said, “This facility will primarily focus on battery packs, cell manufacturing and lithium batteries, which are crucial for the rapidly growing electric vehicle industry in our country”.
The Centre in collaboration with the state government is supporting the project, with the Centre providing funds for infrastructure, he added.
Amara Raja Advanced Cell Technologies (ARACT), a wholly owned subsidiary of Amara Raja Energy and Mobility (ARE&M), had signed an MoU with the Telangana government in 2022 to set up Amara Raja Giga Corridor where the company will set up Lithium Cell and Battery Pack Manufacturing facilities with capacities of up to 16 GWh and 5GWh respectively for Indian and International markets.
Once operational, the project is expected to create direct employment for 4,500 people and a similar number of indirect jobs in the state, a release from ARE&M said.
ARE&M, Chairman & Managing Director, Jayadev Galla said his company is looking to be amongst the first companies in India to present an indigenously manufactured Lithium-Ion cell to the nation.
Telangana Minister for IT and Industries D Sridhar Babu, Mahabubnagar MP D K Aruna, and senior officials from the state government were also present.
(This story has been picked from a syndicate wire feed and remains unedited by Times Now)
