Amara Raja Group
 | |
| Company type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 1985 |
| Founder | Ramachandra Naidu Galla |
| Headquarters | , India |
Area served | Worldwide |
Key people |
|
| Products | |
| Revenue |  ₹17,000 crore (US$2.0 billion) (2024) |
Number of employees | 15850 (2023) |
| Subsidiaries |
|
| Website | www |
Amara Raja Group is an Indian multinational conglomerate, headquartered in Tirupati. The group has a presence in the automotive battery business, packaged foods and beverages, electronics products manufacturing, infrastructure sector, power system production and fabrication of sheet metal products and fasteners.[1] The Amara Raja Group is known for its automotive battery brand Amaron, the second largest selling automotive battery brand in India after Exide Industries.[2]
Amara Raja Group employs a workforce of more than 15,216 employees. Amara Raja Batteries was named on Asia's 'Best Under A Billion' 2010 list of companies compiled by Forbes magazine.[3]
History
[edit]A first generation entrepreneur, Ramachandra Naidu Galla, founded the Amara Raja Group of companies in 1985 and became the first CEO. The automotive batteries business unit commenced operations in 2001 with a joint technology venture with Johnson Controls, the world's largest manufacturer of automotive batteries. It pioneered the introduction of zero maintenance technology in India's automotive battery segment, the key differentiator in the Indian electric storage market.
The group was named after Jaydev's grandparents Amaravati and Rajagopal Naidu.[4]
Timeline
[edit]- 1985 Power systems Ltd founded
- 1989 Industrial battery division (IBD) ISBU
- 1992 Designed and Implemented battery manufacturing facility in India
- 1997 Received ISO 9001 Certification & signed JV with Johnson Controls
- 1998 Automotive battery division (ABD) ASBU
- 1999 Received QS9000 Certification
- 2008 Small battery division (SBD) Two wheeler battery plant ASBU
- 2012 MVRLA (ISBU) UPS Battery
- 2013 ARGC Amararaja Growth Corridor
- 2014 Automotive Battery division (ABD-2)
- 2015 Tubular battery division (TBD)
- 2019 Bipolar battery division[5][6]
Johnson Controls Inc.
[edit]- Amara Raja Batteries of India signed a joint venture with Johnson Controls Inc. in December 1997 to manufacture Amaron automotive batteries in India.[5]
- The group terminated their partnership with Johnson Controls on 1 April 2019.[7]
Amara Raja Giga Corridor
[edit]Amara Raja's first giga factory is a lithium-ion cell and battery pack manufacturing facility in Mahbubnagar, Telangana. The factory will have a initial capacity of 16 GWh for lithium cells and 5 GWh for battery packs.[1]. The first phase of the battery pack plant was inaugurated with a current capacity of 1.5 GWh and will be scaled up to 5GW once completed.[2]Amara Raja has partnerships with Piaggio Vehicles Private Limited and Ather Energy to develop and supply cells and battery pack.[3]
Amara Raja Advanced Cell Technologies Pvt. Ltd (ARACT), a wholly owned subsidiary of Amara Raja Energy & Mobility Ltd (ARE&M) has signed a technical licensing agreement with GIB EnergyX Slovakia s.r.o., a subsidiary of Gotion High-Tech Co Ltd. As part of the agreement GIB EnergyX will license Gotion’s world class LFP technology for lithium-ion cells to ARACT.[4]
Amara Raja Group of companies
[edit]- Amara Raja Energy & Mobility Ltd
- Amara Raja Electronics Ltd
- Amara Raja Infra (P) Ltd
- Mangal Industries Ltd
- Amara Raja Media and Entertainment Pvt Ltd
- Galla Foods Pvt Ltd
Brands
[edit]- Amaron
- PowerZone
- Amaron Quanta
- Galla
- Silver Lining Storage Solutions
Awards
[edit]Amara Raja Batteries Limited Won Innovative Product/Service (GPIPSA) 2020 award in Engineering sector for the innovation Motor Cycle Valve Regulated Lead Acid Battery punched grid with state of art manufacturing facility.[8]
Philanthropy
[edit]The Amara Raja Group has philanthropic operations focused on the upliftment of rural populations, and has committed itself to social activities in the areas of rural employment, learning & education, social rehabilitation, and rural upliftment. Specific schemes that benefit the local rural community include the supply and availability of safe drinking water by coordination and in participation with the rural community.[9]
See also
[edit]References
[edit]- ^ "Official website". Retrieved 11 November 2020.
- ^ "4 Companies that Make and Recycle Lead-acid Batteries | INN". Archived from the original on 14 September 2019. Retrieved 11 April 2019.
- ^ "39 Indian cos in Forbes 'Best Under A Billion' Asia list". The Economic Times. 3 September 2010. Archived from the original on 2 February 2014. Retrieved 22 June 2017.
- ^ "Instead of looking for clues, stay clued in". Outlook Business. 23 January 2015. Archived from the original on 27 June 2018. Retrieved 27 June 2018.
- ^ a b "amarar.co.in". quanta.co.in. Archived from the original on 24 February 2012. Retrieved 17 February 2012.
- ^ "Amara Raja Batteries > Company History > Auto Ancillaries > Company History of Amara Raja Batteries – BSE: 500008, NSE: AMARAJABAT". Moneycontrol.com. Retrieved 17 February 2012.
- ^ "Amara Raja Batteries falls 5% on ending partnership with Johnson Controls". Business Standard India. 3 April 2019.
- ^ "Innovative Product/Service (GPIPSA)". Archived from the original on 8 May 2021. Retrieved 2 August 2020.
- ^ "Amara Raja Electronics > About Us > CSR". amararajaelectronics.com. Archived from the original on 7 February 2011. Retrieved 23 February 2012.
External links
[edit]
  | This article about an Indian company is a stub. You can help Wikipedia by expanding it. |