The Economic Times

Waaree Energies set to develop Rs 8,000 crore lithium-ion battery gigafactory in Andhra

Waaree Energies will establish India's largest integrated lithium-ion battery gigafactory in Andhra Pradesh. The project, costing Rs 8,175 crore, will be located in Rambilli, Anakapalli district. This facility will manufacture battery cells, packs, and large-scale Battery Energy Storage Systems. It is expected to create 3,000 direct jobs.