Exide Industries

Exide Industries Limited
Company typePublic
ISININE302A01020
Industry
Founded1947; 77 years ago (1947)
HeadquartersExide House, ,
India
Area served
Worldwide
Key people
  • Bharat Dhirajlal Shah
    (Chairman & Independent Director)
  • Avik Kumar Roy
    (MD & CEO)
  • A. K. Mukherjee
    (CFO)
RevenueIncrease 16,029 crore (US$1.9 billion) (2023-24)
Increase 1,871 crore (US$220 million) (2023-24)
Increase 1,053 crore (US$130 million) (2023-24)
Subsidiaries
  • Chloride Metals Ltd. (CML)
  • Chloride International Ltd. (CIL)
  • Chloride Batteries S.E. Asia Pte Ltd (CBSEA)
  • Espex Batteries Ltd (ESPEX)
  • Associated Battery Manufacturers (CEYLON) LTD. (ABML)
  • Exide Energy Solutions Ltd. (EESL)
Websitewww.exideindustries.com

Exide Industries Limited (Exide) is an Indian multinational storage battery manufacturing company, headquartered in Kolkata, India. It is the largest manufacturer of lead-acid storage batteries and power storage solutions provider in India.

The company has ten international standard factories spread across five states in the country, out of which 8 factories are dedicated to lead-acid batteries and two factories manufacture Home UPS Systems. The factories are located in Ahmednagar, Chinchwad and Taloja in Maharashtra, Haldia[1] and Shyamnagar in West Bengal, Roorkee and Haridwar in Uttarakhand, Hosur in Tamil Nadu, Bawal in Haryana, and Prantij in Gujarat.

Exide also has manufacturing facilities in Sri Lanka, UK and Singapore and does business globally through its subsidiaries and international affiliates.[2]

Exide exports its batteries to more than 60 countries across the globe. It has a strong 95,000+ distributor & dealer / sub-dealer network.[3][4]

The Company has forayed into the manufacturing of lithium-ion cells along with modules and packs through its subsidiary, Exide Energy Solutions Limited (EESL), under which it is setting up a plant in Bengaluru, Karnataka to cater to India's EV market as well as stationary applications. EESL is setting up a 12 gigawatt-hour (GWH) green-field cell manufacturing plant in two phases of 6 GWH each. Presently, EESL is engaged in the production, assembly, and sale of lithium-ion battery modules and packs, through its operating plant based out of Prantij, Gujarat.[5][6][7][8][9]

Exide through its wholly owned subsidiary, Chloride Metals Limited, operates 3 modern lead recycling facilities in the state of West Bengal, Maharashtra and Karnataka.[10]

  1. ^ Indiablooms. "WB Chief Minister inaugurates Exide Industries new plant in Haldia | Indiablooms - First Portal on Digital News Management". Indiablooms.com. Retrieved 4 September 2023.
  2. ^ Weerasooriya, Sahan (9 March 2022). "Browns Introduces Exide Matrix – The Battery that Powers the Future". Retrieved 4 September 2023.
  3. ^ "Exide eyes new mkts to skirt impact". The Times of India. 9 August 2023. ISSN 0971-8257. Retrieved 4 September 2023.
  4. ^ Roy, Shobha (6 September 2022). "Exide Industries to ramp up exports to meet their growing demand". BusinessLine. Retrieved 4 September 2023.
  5. ^ "Exide, Chinese firm to make Li-ion EV batteries in India". www.fortuneindia.com. 1 March 2022. Retrieved 4 September 2023.
  6. ^ Bureau, BL Kolkata (22 September 2022). "Exide Industries to invest ₹6,000 crore on Lithium ion cell unit". BusinessLine. Retrieved 4 September 2023. {{cite web}}: |last= has generic name (help)
  7. ^ "Nexcharge starts making lithium-ion battery packs in Gujarat". Autocar Professional. Retrieved 4 September 2023.
  8. ^ Livemint (5 May 2022). "Nexcharge starts Li-ion battery packs and modules production for EV market". mint. Retrieved 4 September 2023.
  9. ^ Bureau, BW Online. "Exide Begins Production At India's Largest Lithium-ion Battery Plant With Leclanche". BW Businessworld. Retrieved 4 September 2023. {{cite web}}: |last= has generic name (help)
  10. ^ "Exide Industries commences production at new facility of battery recycling in West Bengal". indiainfoline.com. Retrieved 4 September 2023.