Amara Raja, GMR to jointly set up E-Hub

GMR Group said that Amara Raja Batteries has inked a land lease agreement to set up an advanced energy research and innovation centre E-Hub at the GMR Aerospace & Industrial Park at AeroCity Hyderabad.

The E-Hub is being set up by Amara Raja group as part of its 9,500 crore giga corridor project and will also support start-ups through incubation, lab spaces and a collaborative ecosystem.

Amara Raja Batteries executive director Vikramadithya Gourineni said the unique facility, which would be open to all players, would hasten the development of viable technologies in the new energy space.