Amara Raja subsidiary Mangal Industries to set up Rs 250-cr new plant in AP

TIRUPATI: Mangal Industries Limited (MIL), the second largest subsidiary of the $1.5 billion Amara Raja Group, on Monday announced the setting up of a new plant in Tenepalli of Chittoor District.

In a press release, MIL said that the new plant reinforced Amara Raja's commitment in Andhra Pradesh where it has been in existence for more than three decades. With over 15,000 employees, Amara Raja Group is the largest employment provider in the region, the release said.

The new facility, with an overall investment of about Rs 250 crore, will be spread across 2.15 lakh sqft. A design-led manufacturing company, Mangal Industries serves a broad spectrum of industries with deep-domain expertise in auto components, metal fabrication, battery components, tool works, storage solutions and custom fabrication. It is a multi-product company that lists some of the largest brands in the country as its customers. Currently, the company employs over 3,000 people spread across its nine manufacturing facilities.

Amara Raja Group Co-Founder Jayadev Galla said, "We are committed to increasing our manufacturing footprint in this region and, in turn, providing employment opportunities to the local population. This reinforces our commitment to creating non-migratory jobs for more people. Through this new facility in Tenepalli, we are looking at creating 1,000 additional jobs in the region."

Harshavardhana Gourineni, Director, Mangal Industries, said, "Continuing with our focus on sustainable energy, this plant will manufacture components for the renewable energy sector like solar power as well as other custom fabrication products. It will also support our entry into new segments and product lines."

The work on the new plant will start immediately subject to receiving necessary approvals from the Government of Andhra Pradesh, the MIL release said.