Amara Raja Batteries aims to be Rs.10,000 crore firm in 3 years – Feedback

Amara Raja Batteries LtdBSE 4.10 % (ARBL) is aiming to be a Rs 10,000-crore entity in the next 2-3 years as the Hyderabad-based company clocks a solid double-digit growth in its automotive segment, said a top company official.

ARBL expects that its automotive segment will contribute around two-thirds of its overall sales in the next 2-3 years as the vehicle sector grows and the rest will come from the industrial segment, ARBL CEO S Vijayanand told .Besides, the company sees potential in the solar segment, which requires clean batteries for energy storage, as thrust on green energy is on the rise.

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