Tata Group invests INR 950 cr in battery manufacturing subsidiary Agratas

PAWAN KUMAR PAWAN KUMAR | 09-09 16:20

Tata Group has invested INR 950 crore into its battery manufacturing subsidiary, Agratas.
The Tata Group has invested INR 950 crore into its battery manufacturing subsidiary, Agratas, as part of its plan to expand in the new energy sector. Agratas is focused on developing advanced manufacturing capabilities to support the shift to cleaner energy solutions, especially in the automotive industry.

Agratas is working on setting up modern battery manufacturing plants in India and the UK. According to Tata Sons' 106th annual report, the company plans to build a 40 GWh gigafactory in the UK and a 20 GWh plant in Sanand, Gujarat.

According to the annual report, these plants will use the latest technology and are key to the company's goal of becoming a leader in the energy sector. "The company is building state-of-the-art manufacturing facilities in both India and the UK, including a 40 GWh gigafactory in the UK and a 20 GWh plant in Sanand, Gujarat," the report stated.

The name Agratas is a combination of the Sanskrit word "agra," which means "leader," and "gravitas," symbolizing seriousness and forward-thinking. Agratas designs and produces batteries for the automotive and energy sectors. Its first customers include Tata Group firms Jaguar Land Rover (JLR) and Tata Motors. The company also plans to create batteries for two-wheelers, commercial vehicles, and energy storage systems.

In the UK, Agratas is working with local partners such as Somerset Council, Bridgwater and Taunton College, and the Gravity Smart Campus. Together, they are offering education and training programs tailored to the local community, aiming to involve residents in the project.

The gigafactory, to be built on the Gravity Smart Campus near Bridgwater in Somerset, will focus on including the local community in the development. The company said this 40 GWh plant will provide almost half of the battery manufacturing capacity needed for the UK's automotive sector by the early 2030s.

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