Amara Raja in battery deal with Hyundai India

Newswire

BOMBAY, June 23 (Reuters) - Amara Raja Batteries Ltd. said on Thursday it had signed an agreement with Hyundai Motor India Ltd. under which it expects to supply 60,000 batteries over the next 12 months. Amara Raja, supplier of automotive batteries to several Indian companies, is in the process of scaling up its capacity at its plant in South India to 2.4 million units from 1.5 million, to meet growing demand.

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