<?xml version="1.0" encoding="UTF-8"?>
<root>
    <author>ENA</author>
    <category>Sectors</category>
    <date>2025-03-10 15:25:31</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;Hyderabad, Mar 10 (KNN)&lt;/strong&gt; Union Minister Ashwini Vaishnaw has laid the foundation stone for four manufacturing units at the Electronics Manufacturing Cluster in Divitipally, Mahabubnagar District, Telangana. &lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The ceremony marked the beginning of construction for Amara Raja company's GigaFactory-1, Lohum company's critical minerals refining and battery recycling unit, Scell Energy's cell casing manufacturing facility, and Altmin's first LFP-CAM GigaFactory.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;During the event, Minister Vaishnaw emphasised the government's commitment to electric mobility, stating,  Electric mobility remains a focus area for the government and we are committed to developing the right infrastructure and ecosystem for the promotion and adoption of EVs. &lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;We welcome Indian innovation and manufacturing initiatives and look forward to the success of this endeavour. &lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The development is part of the Ministry of Electronics' Modified Electronics Manufacturing Cluster (EMC 2.0) Scheme. &lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The government had previously approved the establishment of this Electronics Manufacturing Cluster project spanning 377.65 acres at Divitipally Village, with the aim of strengthening India's electronics manufacturing ecosystem and boosting EV manufacturing and its supply chain.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Amara Raja Advanced Cell Technologies (ARACT) is serving as the anchor unit for the project, establishing its Giga factory across 262 acres. &lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The facility will feature 16 GW cell manufacturing capacity and a 5 GW battery pack plant, with a projected investment of Rs 9,500 crores over five years. &lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Once operational, the Amara Raja Giga Corridor is expected to generate employment for approximately 9,000 people, including 4,500 direct positions.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The Electronics Manufacturing Cluster is now fully occupied, with 307.47 acres allocated to four companies that have collectively projected an investment of Rs 10,574 crore. &lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;These companies have committed to employing 19,164 people in total, including 5,864 direct positions and 13,300 indirect roles.&lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Jayadev Galla, Chairman and Managing Director of Amara Raja Energy and Mobility Limited, expressed his enthusiasm about the development, stating,  The Foundation Stone laying ceremony is a big step forward for our Company and the Group. &lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;We are grateful to the Government of India under the leadership of Prime Minister Narendra Modi and to Union Minister Aswini Vaishnaw for being proactive and pro-industry. &lt;/span&gt;&lt;/p&gt;&#13;
&#13;
&lt;p&gt;&lt;em&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>41347</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/divitipally-electronics-cluster-in-telengana-eyes-rs-10574-cr-investment</link>
    <pubDate>2025-03-10 15:25:31</pubDate>
    <source>knnindia.co.in</source>
    <title>Divitipally Electronics Cluster In Telengana Eyes Rs 10,574 Cr Investment</title>
</root>
