New Delhi, Nov. 4 -- Amara Raja Energy & Mobility's Rs.100-crore push into automotive services, along with partnerships by Belrise Industries and Motherson, is charting a new path of growth across India's automotive supply chain.

The development comes as component makers seek new revenue streams and manufacturing efficiencies while automakers grapple with rising production costs and pressure to improve fuel efficiency, The Hindu Businessline reported.

Amara Raja, which offers Li-ion cells, battery packs and charging solutions for Light Electric Vehicles and telecom industry, reportedly approved setting up a wholly owned subsidiary in Telangana with an initial investment of up to Rs.100 crore in equity, loans or other securities, in one ...