Assurance Intl, a prominent name in automotive products and energy solutions, has announced its upcoming battery manufacturing facility in Haryana. The facility has already secured substantial orders from renowned global brands, including STP, Goodyear, ACDelco, and Duracell, solidifying its reputation as a trusted partner in the battery industry.
With an annual production capacity of 1 million two-wheeler batteries, 0.3 million automotive batteries, 0.25 million tubular batteries, and 0.10 million solar batteries, the facility is designed to meet high-volume demands efficiently. Equipped with advanced technologies, it will produce a versatile range of battery types, such as SLA (Sealed Lead-Acid), AGM (Absorbent Glass Mat), VRLA (Valve-Regulated Lead-Acid), lithium-ion, tubular, and gel-based solutions, catering to diverse industrial needs with a focus on durability and performance.
Strategic Investment to Propel Growth
Assurance Intl plans to invest ₹300 crores over the next three years to bring this facility to life. The manufacturing plant is expected to create approximately 1,000 jobs, contributing to regional economic growth. Commercial production is slated to begin by March 2025, marking a significant step in Assurance Intl’s expansion strategy.
Leadership Perspective
Rakesh Sharma, Managing Director of Assurance Intl, expressed enthusiasm about the venture: “We are planning to invest ₹300 crores 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 1000 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.”
This initiative highlights Assurance Intl’s vision to be a global leader in energy solutions while fostering local economic development and advancing manufacturing capabilities.
