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Amara Raja Batteries to invest in Europe-based InoBat

Amara Raja Batteries Limited (“Amara Raja” or “the Company”), India’s leading industrial and automotive battery major, today announced plans to invest in InoBat Auto (“InoBat”), a European technology developer and manufacturer of premium innovative batteries for E-mobility. The initial investment will give Amara Raja a key foothold in the thriving European EV ecosystem, where multiple battery gigafactories are being set up to su...