IANSAutomotive battery maker Amara Raja Batteries Ltd on Wednesday said its first giga factory will start operating before the end of 2025. The company also said that giga factories require an integrated approach that marries high technology, large capex, giga scale factories with an ecosystem. In May last year, the company laid the foundation stone for its first giga factory in Mahbubnagar district in Telangana. It is for producing Lithium Cell and Battery Packs, with an ultimate capacity of up to 16 GWh and 5 GWh, respectively. “We will have 3-4 inpidual factory buildings, dealing with two chemistries, both NMC as well as LFP, and two formats, cylindrical as well as prismatic,” Vijayanand Samudrala, President of Amara Raja, said in a statement. He was speaking at the third annual India Battery Manufacturing and Supply Chain Summit (IBMSCS) of India Energy Storage Alliance (IESA) in Hyderabad. Amara Raja is aiming for 16 GWh of lithium-ion battery cell capacity and up t...

Last month, Steel Strips Wheels, on the basis of current orders, is on track to surpass a turnover of over Rs 3,25,100 crore and sales of over 10 million sets of alloy wheels in the current fiscal. This is a growth of more than 300% as compared to the previous financial year. NEW DELHI:Auto component maker Steelelellel Strips Wheels on Monday said it has received orders worth over 46,000 US dollars (about Rs 3.4 lakh crore) will supply about 3,700 orders of individual wheels for the US RV trailer market. Steel Strips Wheels Ltd (SSWL) in a regulatory filing, these new export orders will be for 9 This month at the Chennai plant for execution. The company said it expects to receive more similar orders from the same customer base as business growth accelerates. Last week, SSWL received orders worth 253,0000 euros (approx. Rs. 2.21 crore) is the European Union’s order (EU) for supply of around 370,000 wheels to the caravan trailer market. Last month, Steel Strips Wheels sai...