NATIONAL PROGRAM FOR STORAGE RECEIVED CABINET APPROVAL || LOCAL COMPANIES WILL GET AN INCENTIVE OF RUPEES 18,000 CR - TV

#BreakingNews

#EXIDE
#AMARARAJA

#AmaraRaja analyst meet
Co to focus on two areas 1) New energy solutions 2) Lead acid biz value maximization.

To invest in Li-ion battery tech & related solns like EV charging prod etc,

Lead Acid battery tgt a 15-17% rev CAGR over the next 5 years

GOVT TO SUPPORT SETTING UP OF BATTERY ENERGY STORAGE OF 4,000 MWH: FM SITHARAMAN #EXIDE #AMARARAJA

- INDIA BUDGET: CUSTOM DUTY EXEMPTION BEING EXTENDED TO EV BATTERIES #EXIDE #AMARARAJA #BIGBREAKING

#AmaraRaja arm signs MoU with #AtherEnergy to develop & produce advance chemistry cells