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]
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]
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.. 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.Amara Raja has partnerships with Piaggio Vehicles Private Limited and Ather Energy to develop and supply cells and battery pack.
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.
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]
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]
Bharat Heavy Electricals Limited (BHEL) is an Indian central public sector undertaking and the largest government-owned electrical/ industrial technology company. It is owned by the Government of India, with administrative control by the Ministry of Heavy Industries. Established in 1956 with the help of Soviet technology, BHEL is based in New Delhi.
GS Yuasa Corporation is a Kyoto-based Japanese company specializing in the development and production of lead acid and lithium-ion batteries, used in automobiles, motorcycles and other areas including aerospace and defense applications.
Johnson Controls International plc is an American, Irish-domiciled multinational conglomerate headquartered in Cork, Ireland, that produces fire, HVAC, and security equipment for buildings. As of mid-2019, it employed 105,000 people in around 2,000 locations across six continents. In 2017 it was listed as 389th in the Fortune Global 500. It became ineligible for the Fortune 500 in subsequent years since it relocated its headquarters outside the U.S.
Toyota Tsusho Corporation is a sōgō shōsha, a member of the Toyota Group. Toyota Tsusho has a worldwide presence through its many subsidiaries and operating divisions, including over 150 offices, and 900 subsidiaries and affiliates around the world. Its main business is supporting Toyota Motor's automobile business and other Toyota Group companies, but Toyota Tsusho's business is very diverse, spanning industrial, commercial, and consumer sectors. Business areas run the gamut, including industrial raw materials, agricultural products, and high technology.
Exide was originally a brand name for batteries produced by The Electric Storage Battery Company and later became Exide Holdings, Inc. doing business as Exide Technologies, an American lead-acid batteries manufacturing company. Exide Holdings manufactured automotive batteries and industrial batteries. Exide Holdings is based in Milton, Georgia, United States.
A123 Systems, LLC, a subsidiary of the Chinese Wanxiang Group Holdings, is a developer and manufacturer of lithium iron phosphate batteries and energy storage systems.
Exide Industries Limited (Exide) is an Indian multinational storage battery manufacturing company, headquartered in Kolkata, India. It is the largest manufacturer of lead-acid storage batteries and power storage solutions provider in India.
LG Chem Ltd., often referred to as LG Chemical, is the largest Korean chemical company and is headquartered in Seoul, South Korea. It was the 9th largest chemical company in the world by sales in 2021. It was first established as the Lucky Chemical Industrial Corporation, which manufactured cosmetics. It is now solely a business-to-business company.
Valence Technology, Inc. was a company that developed and manufactured lithium iron phosphate cathode material as well as lithium ion battery modules and packs. The modules come in 12 V, 18 V, 24 V, and 36 V configurations. Valence's products are used in electric vehicle and plug-in hybrid electric vehicles (PHEVs) such as cars, scooters, motorbikes, and commercial vehicles such as buses, delivery vans and trucks. Valence batteries are also used in wheelchairs, medical carts, robotics, marine, rail, as well as stationary applications such as remote power, uninterruptible power supply (UPS), energy storage systems, frequency regulation and switching gear.
An electric vehicle battery is a rechargeable battery used to power the electric motors of a battery electric vehicle (BEV) or hybrid electric vehicle (HEV).
SB LiMotive was a 50:50 joint company of Bosch and Samsung SDI founded in June 2008. The joint venture developed and manufactured lithium-ion batteries for use in hybrid-, plug-in hybrid vehicles and electric vehicles. It was officially ended in September 2012 with both companies focusing on automotive batteries alone.
Johnson Matthey Battery Systems, part of the Johnson Matthey group and formerly called Axeon, designs and manufactures advanced lithium-ion battery systems for electric vehicles and processes over 70 million cells per year. Headquartered in Dundee, Scotland and with operations in Poland and sales offices in Coventry, England, Johnson Matthey Battery Systems produces batteries for all types of electric vehicles including urban delivery vehicles and high performance sports cars.
The electric vehicle industry in China is the largest in the world, accounting for around 58% of global production of electric vehicles (EVs) and more than 1.5 million exports in 2023. In 2023, CAAM reported China had sold 9.05 million passenger electric vehicles, consisting 6.26 million BEVs and 2.79 million PHEV. China also dominates the plug-in electric bus and light commercial vehicle market, reaching over 500,000 buses and 247,500 electric commercial vehicles in 2019, and recording new sales of 447,000 commercial EVs in 2023.
Galla Jayadev, also known as Jay Galla, is an industrialist in India. He is a former Indian politician. He is the managing director of Amara Raja Group and TDP Parliamentary Party Leader. Jayadev was a member of 16th and 17th Lok Sabha of India. He represented Guntur Lok Sabha constituency and been as a member of Telugu Desam Party.
Saft is a French company involved in the design, the development and the manufacturing of batteries used in transport, industry and defense. Headquartered in France, it has an international presence.
Automotive Energy Supply Corporation (AESC) is a manufacturer of lithium ion batteries for electric vehicles established 2007 as a joint venture between Nissan, and Tokin Corporation. Since 2018 Chinese company Envision is a strong partner in the joint venture.
AMCO Batteries Limited, headquartered in Chennai, Tamil Nadu, is an automobile and commercial battery manufacturing company. Founded in 1932, it is a part of Rs. 15,000-crore Amalgamations Group, one of India's largest light engineering groups. Today, AMCO is the leading supplier of two-wheeler batteries to companies like Honda, Hero Motor Corp, Bajaj Auto, TVS, Yamaha, Royal Enfield, Mahindra Two Wheelers etc. It also supplies four-wheeler batteries to TAFE Tractors, Eicher Tractors, Sonalika Tractors etc.
EVE Energy Co., Ltd. is a Chinese battery manufacturing company founded in 2001 that specializes in the manufacturing of lithium-ion batteries for energy storage systems and electric vehicles. Its headquarters are located in Huizhou, Guangdong, and it was first listed on the Shenzhen Stock Exchange's ChiNext subsidiary in 2009. It is considered to be a Tier-1 battery supplier, and is the third largest energy storage battery cell maker in the world as of 2023. According to a study done by SNE Research in 2023, Eve Energy was the 9th largest electric vehicle battery maker worldwide with 2.3% market share; in a mid-2024 study, market share rose to 2.6%.
Beijing WeLion New Energy Technology Co., Ltd., known simply as WeLion New Energy or WeLion, is a Chinese battery manufacturer specializing in semi-solid and solid state batteries for use in electric vehicles and energy storage systems. The company is headquartered in the Beijing's Fangshan District, and is a spinoff from the Labratory of Renewable Energy of the Institute of Physics of the Chinese Academy of Sciences. It is best known for supplying the world's first mass produced semi-solid state battery cells for an automotive traction battery application, in the form of Nio's 150 kWh swappable battery pack.