Project News Detail
| Project No : | 203459 |
|---|---|
| Project Title : | Tata Group Invests Rs 950-cr in Battery Manufacturing Arm, Agratas |
| Company Name : | Tata Group Of Companies |
| Project Detail : | The Tata Group has invested Rs 950 crore into its battery manufacturing subsidiary, Agratas, as part of a plan to expand in the new energy sector. Agratas is focused on developing advanced manufacturing capabilities towards cleaner energy solutions, primarily in the automotive industry. According to Tata Sons' 106th annual report, the company plans to build a 40 GWh gigafactory in the UK and a 20 GWh plant in Sanand, Gujarat, deploying the latest technology. The company is building manufacturing facilities in both India and the UK, including a 40 GWh gigafactory in the UK and a 20 GWh plant in Sanand, Gujarat. Agratas produces batteries for the automotive and energy sectors, and plans to create batteries for two-wheelers, commercial vehicles, and energy storage systems as well. Its first customers include Tata Group firms Jaguar Land Rover (JLR) and Tata Motors. |
| Project Location : | Agartala - Tripura - India |
| Project Estimation : | Refer Document |
| Status : | Announced |