The Economic Times

Waaree Energies shares in focus as company holds talks with Andhra Pradesh government to set up a gigafactory

Shares of Waaree Energies are in focus after the company confirmed talks with Andhra Pradesh and other states to set up a 1620 GWh lithium-ion battery gigafactory. The Rs 8,0008,175 crore project, approved by the state, aims to create 3,000 jobs and strengthen Indias clean-energy and storage capabilities.