Assurance Intl to Invest INR 300 Cr in Haryana Battery Facility, Secures Global Brand Orders
Editorial Highlights
- •Assurance Intl will invest INR 300 crore over three years into a new, state-of-the-art battery manufacturing facility in Haryana.
- •The facility will produce a diverse range of batteries, including lithium-ion, AGM, and tubular, with production starting in March 2025.
- •The expansion project aims to create 1,000 new jobs while supporting global orders for brands like Goodyear, Duracell, and ACDelco.
Assurance Intl Ltd, a leader in automotive products and energy solutions, recently
announced its launch of a new battery manufacturing facility in Haryana, securing significant orders from global brands such as STP, Goodyear, ACDelco, Duracell, and other global brands. This milestone underscores the company’s dedication to providing high-quality, innovative battery solutions at scale.
This state-of-the-art manufacturing facility will be engineered to scale up production, with an annual capacity of 1 million two-wheeler batteries, 0.3 million automotive batteries, 0.25 million tubular batteries, and 0.10 million solar batteries, ensuring the ability to deliver high-volume orders with precision and efficiency. Equipped with advanced manufacturing capabilities, this facility produces a comprehensive range of high-performance battery technologies, such as SLA (Sealed Lead-Acid), AGM (Absorbent Glass Mat), VRLA (Valve-Regulated Lead-Acid), lithium-ion, tubular, and gel-based solutions, providing tailored solutions for diverse industries and guaranteeing exceptional reliability & durability.
Rakesh Sharma, Managing Director, Assurance Intl, shared his excitement about this milestone, stating, “We are planning to invest INR 300 crore over the next three years to establish this world-class facility. We are thrilled to embark on this significant expansion, which underscores our unwavering commitment to growth and excellence, thereby creating job opportunities for around 1,000 employees, which will not only propel our strategic initiatives but also play a pivotal role in solidifying Assurance. We are targeting commercial production by March 2025.”
For more information: www.assuranceintl.com
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