Hyderabad, Aug 11 : Telangana Information Technology (IT) Minister K T Rama Rao on Friday said that Hyderabad has emerged as the preferred destination for establishing advanced Research and Development (R&D), design, and engineering facilities in various sectors.
Speaking at the foundation stone laying ceremony of “Amara Raja e+ Energy Labs, an Advanced Energy Research & Innovation Centre” at Shamshabad near here, the Minister underlined the significance of the Research & Innovation Centre within Amara Raja Batteries Limited’s Giga-Corridor initiative with an investment of Rs 9,500 crore that will encompass this research facility and a Gigafactory at Divitipalli for manufacturing Li-ion cells and battery packs.
This endeavor is pivotal in steering India’s transition towards sustainable energy and mobility solutions.
KTR said, the emerging landscape of lithium-ion technologies within Giga factories is of paramount importance in India. Consequently, a focus on continual research and innovation becomes imperative to ensure the success of this burgeoning technology.
As India accelerates its move towards embracing electric vehicle (EV) adoption, the establishment of a domestic, advanced self-sustaining supply chain ecosystem is instrumental in realizing the nation’s transition to electric mobility.
The Minister articulated his belief that sustainable and shared mobility represent the future of India, highlighting Amara Raja’s prudent investment in shaping this forward-looking ecosystem.
He said that Amara Raja is playing a pivotal role in fostering research and innovation within the sector.
The new center is anticipated to serve as a pivotal hub for various stakeholders across the ecosystem and supply chain, offering access to essential testing and prototyping facilities.
India’s projected demand for advanced energy storage batteries is set to reach 260 gigawatt-hours by 2030. With a goal of producing 60 percent of this demand domestically, Telangana aims to contribute significantly by hosting about 30 giga watt-hour capacity lithium-ion giga factories by 2030.
To accomplish this, the state government’s support is crucial in planning for both the supply and demand aspects of the value chain, he added.
Sudhendhu Sinha, Advisor for Infrastructure Connectivity & Electric Mobility at Niti Aayog, commended Amaraja for its pivotal contribution to national transformation, drawing parallels between the company’s role and his own responsibilities at the national level.
Speaking on Amaraja’s 35 years of existence, Sinha highlighted the remarkable fact that despite its lengthy tenure, Amaraja’s average age still stands at an impressive 31 years. This dynamism empowers Amaraja with the vigor to drive transformative initiatives, as evidenced by the recent remarkable feat showcased at the event.
Reflecting on India’s landscape, Sinha highlighted the critical role played by institutions such as the Indian Institute of Technology (IIT) in driving innovation and excellence.
On the occasion, Amara Raja Group also held the ‘Evolve’ Conclave on Advanced Battery Technologies. This event brought together the brightest minds from the industry, academia, research, and policy, to engage in insightful discussions about the advancements, challenges, and potential of battery technologies in shaping the future of energy storage and mobility.
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