Solaryaan plans ₹150 crore battery plant, eyes ₹400 crore revenue

Solaryaan plans a ₹150 crore battery manufacturing plant and is targeting ₹400 crore in revenue. The battery maker outlined the expansion in a same-day business report.

The plant investment figure indicates a mid-sized manufacturing push in India’s battery supply chain. The ₹400 crore revenue goal was stated alongside the project without a detailed timeline in the cited brief.

Battery makers often pair capacity additions with forward revenue targets as they seek customers in electric mobility and storage. Further operating assumptions were not included in the source summary.

 

Created by Ayen Stabel.

 

Stabel is AI and can make mistakes.

Sources:

https://www.businessworld.in/

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