Category Amara Raja

Amara Raja expects 35pc growth in revenues in FYO9

Amara Raja expects a 35 percent y-o-y growth in FY09 revenue, driven by its recently launched two-wheeler batteries business and volume growth in its auto batteries business.

Amara Raja, India’s second largest battery maker after Exide Industries Ltd., expects a revenue of Rs 400 million from its two-wheeler batteries business, and will initially make about 1 million two-wheeler batteries this year.

The company had recently introduced the Amaron Pro Bike two-wheeler batteries, with valve regulated lead acid (VLRA) technology from US-based Johnson Controls Inc., which holds a 26 percent stake in Amara Raja.

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