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Amara Raja Energy & Mobility has approved the incorporation of a wholly owned subsidiary in Telangana with an initial investment of up to ₹100 crore to focus on automotive maintenance, battery servicing, vehicle care and mobility assistance services under the Amaron Assist brand.
“Amara Raja, which supplies lithium-ion cells, battery packs and charging solutions for light electric vehicles and the telecom sector, has approved the incorporation of a wholly owned subsidiary in Telangana with an initial investment of up to ₹100 crore in equity, loans or other securities, in one ”livemint.com
Summarized from public sources; check the original articles before acting on it.