Kanna chan at 08:35, 22 February 2026

2026-02-22T08:35:40Z

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{{short description|Indian multinational battery manufacturing company}}
{{other uses|Exide (disambiguation)}}
{{More citations needed|date=February 2026}}
{{Use dmy dates|date=January 2019}}
{{Use Indian English|date=January 2019}}
{{Infobox company
| name = Exide Industries Limited
| logo = Exide.svg
| logo_size = 250px
| type = [[Public company|Public]]
| traded_as = {{plainlist|
*{{BSE|500086}}
*{{NSE|EXIDEIND}}}}
| ISIN = {{ISIN|sl=n|pl=y|INE302A01020}}
| foundation = {{start date and age|1947}}
| location = Exide House
| hq_location_city = [[Kolkata, West Bengal]]
| location_country = India
| area_served = Worldwide
| revenue = {{increase}} {{INRConvert|16588|c}} (2024–25)
| operating_income = {{increase}} {{INRConvert|1893|c}} (2024–25)
| net_income = {{increase}} {{INRConvert|1077|c}} (2024–25)
| key_people = {{plainlist|
*Sridhar Gorthi<br>(Chairman & Independent Director)
*Avik Kumar Roy<br>(MD & CEO)
*Manoj Kumar Agarwal<br>([[Chief financial officer|CFO]])
}}
| industry = {{plainlist|
*[[Battery (electricity)|Battery manufacturing]]}}
| subsid = {{plainlist|
*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)}}
| homepage = {{official URL}}
}}

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

The company operates ten factories across five states in India, eight of which produce lead-acid batteries and two of which manufacture home UPS systems. The factories are located in [[Ahmednagar]], [[Chinchwad]] and [[Taloja]] in Maharashtra, [[Haldia]]<ref>{{Cite web |last=Indiablooms |title=WB Chief Minister inaugurates Exide Industries new plant in Haldia {{!}} Indiablooms – First Portal on Digital News Management |url=https://www.indiablooms.com/finance-details/6236/wb-chief-minister-inaugurates-exide-industries-new-plant-in-haldia.html |access-date=2023-09-04 |website=Indiablooms.com |language=en}}</ref> and [[Shyamnagar, West Bengal|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]],<ref>{{Cite web |title=Exide India’s top brass to join Browns’ 150th anniversary celebrations |url=https://www.dailymirror.lk/print/business-news/Exide-India%E2%80%99s-top-brass-to-join-Browns%E2%80%99-150th-anniversary-celebrations/273-309182 |access-date=2025-06-24 |website=www.dailymirror.lk |language=English}}</ref><ref>{{Cite web |title=Browns’ Exide introduces Sri Lanka’s very first E-Care battery warranty {{!}} Daily FT |url=https://www.ft.lk/motor/Browns-Exide-introduces-Sri-Lanka-s-very-first-E-Care-battery-warranty/55-767767 |access-date=2025-06-24 |website=www.ft.lk |language=English}}</ref> [[UK]] and [[Singapore]] and does business globally through its [[subsidiaries]] and international affiliates.<ref>{{Cite web |last=Weerasooriya |first=Sahan |date=2022-03-09 |title=Browns Introduces Exide Matrix – The Battery that Powers the Future |url=http://island.lk/browns-introduces-exide-matrix-the-battery-that-powers-the-future/ |access-date=2023-09-04 |language=en-US}}</ref>

Exide exports<ref>{{Cite web |last=Dasgupta |first=Mithun |date=2024-07-29 |title=Exide Industries to grow exports to 20% of sales in next few years |url=https://www.thehindubusinessline.com/companies/exide-industries-to-grow-exports-to-20-of-sales-in-next-few-years/article68461255.ece |access-date=2025-06-24 |website=BusinessLine |language=en}}</ref> its batteries to more than 60 countries.<ref>{{Cite news |date=2023-08-09 |title=Exide eyes new mkts to skirt impact |work=The Times of India |url=https://timesofindia.indiatimes.com/city/kolkata/exide-eyes-new-mkts-to-skirt-impact/articleshow/102555864.cms?from=mdr |access-date=2023-09-04 |issn=0971-8257}}</ref><ref>{{Cite web |last=Roy |first=Shobha |date=2022-09-06 |title=Exide Industries to ramp up exports to meet their growing demand |url=https://www.thehindubusinessline.com/companies/exide-industries-to-ramp-up-exports-to-meet-their-growing-demand/article65856742.ece |access-date=2023-09-04 |website=BusinessLine |language=en}}</ref>

The company has forayed into the manufacturing of lithium-ion cells along with modules and packs through its subsidiary, Exide Energy Solutions Limited (EESL),<ref>{{Cite news |last=Ray |first=Atmadip |date=2025-05-13 |title=Exide aims to become a Rs 20000-crore company in the next 2-3 years |url=https://economictimes.indiatimes.com/industry/auto/auto-components/exide-aims-to-become-a-rs-20000-crore-company-in-the-next-2-3-years/articleshow/121143566.cms |access-date=2025-06-24 |work=The Economic Times |issn=0013-0389}}</ref><ref>{{Cite news |date=2025-05-14 |title=Exide eyes Rs 20k cr revenue from lead-acid battery biz in 2 yrs |url=https://timesofindia.indiatimes.com/city/kolkata/exide-eyes-rs-20k-cr-revenue-from-lead-acid-battery-biz-in-2-yrs/articleshow/121147164.cms |access-date=2025-06-24 |work=The Times of India |issn=0971-8257}}</ref> 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<ref name=":0">{{Cite web |date=2024-07-31 |title=Exide Industries to grow exports to 20% of sales in next few years - India Shipping News |url=https://indiashippingnews.com/exide-industries-to-grow-exports-to-20-of-sales-in-next-few-years/ |access-date=2025-06-24 |language=en-US}}</ref> is engaged in the production, assembly, and sale of lithium-ion battery modules and packs, through its operating plant based out of [[Prantij]], [[Gujarat]].<ref>{{Cite web |date=2022-03-01 |title=Exide, Chinese firm to make Li-ion EV batteries in India |url=https://www.fortuneindia.com/enterprise/exide-chinese-firm-to-make-li-ion-ev-batteries-in-india/107410 |access-date=2023-09-04 |website=fortuneindia.com |language=en}}</ref><ref>{{Cite web |last=Bureau |first=BL Kolkata |date=2022-09-22 |title=Exide Industries to invest ₹6,000 crore on Lithium ion cell unit |url=https://www.thehindubusinessline.com/companies/exide-industries-to-invest-6000-crore-on-lithium-ion-cell-unit/article65922781.ece |access-date=2023-09-04 |website=BusinessLine |language=en}}</ref><ref>{{Cite web |title=Nexcharge starts making lithium-ion battery packs in Gujarat |url=https://www.autocarpro.in/news-national/nexcharge-starts-making-lithiumion-battery-packs-in-gujarat-81694 |access-date=2023-09-04 |website=Autocar Professional |language=en}}</ref><ref>{{Cite web |last=Livemint |date=2022-05-05 |title=Nexcharge starts Li-ion battery packs and modules production for EV market |url=https://www.livemint.com/auto-news/nexcharge-starts-li-ion-battery-packs-and-modules-production-for-ev-market-11651761625350.html |access-date=2023-09-04 |website=mint |language=en}}</ref><ref>{{Cite web |last=Bureau |first=BW Online |title=Exide Begins Production At India's Largest Lithium-ion Battery Plant With Leclanche |url=http://businessworld.inhttps//www.businessworld.in/article/Exide-Begins-Production-At-India-s-Largest-Lithium-ion-Battery-Plant-With-Leclanche/06-05-2022-427839 |access-date=2023-09-04 |website=BW Businessworld |language=en}}</ref>

Exide through its wholly owned subsidiary, Chloride Metals Limited,<ref name=":1">{{Cite news |last=Market |first=Capital |date=2022-03-25 |title=Exide Industries subsidiary starts commercial production at its new plant in Haldia, West Bengal |url=https://www.business-standard.com/article/news-cm/exide-industries-subsidiary-starts-commercial-production-at-its-new-plant-in-haldia-west-bengal-122032500348_1.html |archive-url=https://web.archive.org/web/20230320081524/https://www.business-standard.com/article/news-cm/exide-industries-subsidiary-starts-commercial-production-at-its-new-plant-in-haldia-west-bengal-122032500348_1.html |archive-date=2023-03-20 |access-date=2025-06-24 |language=en}}</ref><ref name=":2">{{Cite news |date=2024-07-30 |title=Exide invests over ₹2.7k crore towards sustainability |url=https://timesofindia.indiatimes.com/city/kolkata/exide-industries-invests-in-sustainability-with-focus-on-lithium-ion-cells-and-lead-recycling/articleshow/112120790.cms |access-date=2025-06-24 |work=The Times of India |issn=0971-8257}}</ref><ref name=":3">{{Cite web |last=India |first=T&D |date=2022-03-25 |title=Exide commissions greenfield battery recycling plant |url=https://www.tndindia.com/exide-commissions-greenfield-battery-recycling-plant/ |access-date=2025-06-24 |website=Your Gateway to Power Transmission & Distribution |language=en-US}}</ref> operates 3 lead recycling facilities in the state of [[West Bengal]], [[Maharashtra]] and [[Karnataka]].<ref>{{Cite web |title=Exide Industries commences production at new facility of battery recycling in West Bengal |url=https://indiainfoline.com/article/news-top-story/exide-industries-commences-production-at-new-facility-of-battery-recycling-in-west-bengal-122032500194_1.html |access-date=2023-09-04 |website=indiainfoline.com |language=en}}</ref>

== History ==
In India, as in many other erstwhile colonies of Great Britain, Exide batteries were imported for many years before the [[Chloride Electrical Storage Company|Chloride Electrical Storage Company (CESCO)]] was finally set up in 1920. It started only as an assembling and manufacturing facility and the first manufacturing unit was set up in Shyamnagar, West Bengal in 1947. This marked the momentous entry of Associated Battery Makers Eastern Limited (ABMEL) in the Indian industrial scenario.{{Citation needed|date=August 2025}}

For road vehicles, ABMEL's principal brands were Exide and Dagenite (used by [[Rolls-Royce|Rolls Royce]]) but the company was changing its course on other tracks too. Exide "Iron Clad" batteries powered the Railways and in 1963, following the Chinese aggression, the company doubled its production of special defence batteries. The same year saw the manufacture of large stationary batteries for railway track electrification.{{Citation needed|date=August 2025}}

The rapid rate of expansion was seen with the establishment of a second factory in 1969 at Chinchwad, Maharashtra to cater to the growing demand for automobile batteries and was strategically established near automobile Original Equipment Manufacturers (OEMs).{{cn|date=May 2024}}

== Products ==

Exide's product range includes batteries<ref>{{Cite web |title=Exide Industries in advanced talks with 2Ws, 3W player for battery manufacturing |url=https://www.moneycontrol.com/news/business/companies/exide-industries-in-advanced-talks-with-2ws-3w-player-for-battery-manufacturing-13014439.html |archive-url=https://web.archive.org/web/20250521194648/https://www.moneycontrol.com/news/business/companies/exide-industries-in-advanced-talks-with-2ws-3w-player-for-battery-manufacturing-13014439.html |archive-date=2025-05-21 |access-date=2025-06-24 |website=Moneycontrol |language=en-US}}</ref> that are used in automotive, industrial, inverter, and home UPS applications. Automotive batteries are used for SLI application across 2-wheelers, 3-wheelers, and 4-wheelers (Cars, Jeeps, Buses & Trucks) as well as for primary power sources in E-rickshaws. Its industrial usage includes segments such as power (both conventional and renewable), telecom, infrastructure projects, IT/ITES industries, railways, mining, and defence sectors. Exide is also present in the battery energy storage business where it designs and integrates power generated through renewables for use in remote areas of the country. Also, Exide supplies submarine<ref name=":0" /> batteries to the Indian Navy.<ref>{{Cite web |title=10 finest Exide tubular batteries to boost your inverters |url=https://shopnow.hindustantimes.com/home-kitchen/other-electronic-appliances/10-finest-exide-tubular-batteries-to-boost-your-inverters-201679822128414.html |access-date=2023-09-04 |website=HT Affiliate}}</ref><ref>{{Cite web |last=Editorial |date=2023-01-20 |title=WT Kolkata creates series of films for Exide on how everyday can be a sunday |url=https://www.medianews4u.com/wt-kolkata-creates-series-of-films-for-exide-on-how-everyday-can-be-a-sunday/ |access-date=2023-09-04 |website=MediaNews4U |language=en-US}}</ref><ref>{{Cite web |title=Exide enters EV business in India |url=https://www.autocarpro.in/news-national/exide-enters-india-ev-market-with-a-threewheeler-44387 |access-date=2023-09-04 |website=Autocar Professional |language=en}}</ref><ref>{{Cite web |date=2019-10-17 |title=Exide Industries forays into e-rickshaws, launches 'Exide Neo' |url=https://www.thenewsminute.com/article/exide-industries-forays-e-rickshaws-launches-exide-nido-110666 |access-date=2023-09-04 |website=The News Minute |language=en}}</ref>

== Research and Development ==
The company's Research and Development Centre in Kolkata, West Bengal was established in 1976.

Also, Exide's R&D has partnerships with entities such as Moura Batteries in Brazil, Furukawa Battery in Japan, East Penn in the USA, Advance Battery Concepts in the USA, and SVOLT Energy Solutions Company Ltd in China (for Lithium-ion Cell Manufacturing).<ref>{{Cite web |last=Ravichandran |first=Dhiyanesh |title=Exide Industries to collaborate with SVOLT for lithium-ion cell manufacturing |url=https://etn.news/iesa-contacts-menu/4765-exide-industries-svolt-partnership-lithium-ion-cell-manufacturing |access-date=2025-06-24 |website=Emerging Technology News |language=en-gb}}</ref>

== Recycling ==
Chloride Metals Limited (CML) is a wholly owned subsidiary of Exide Industries Limited, engaged in the recycling<ref name=":3" /><ref name=":1" /> of lead-acid batteries. CML operates three secondary smelting and refining facilities in India. These plants recover lead and lead alloys from end-of-life batteries, which are then reused in the manufacturing of new batteries.{{Citation needed|date=August 2025}}

== 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)

== Relationship with Exide Technologies ==

Chloride Electric Storage Co. Ltd. (CESCO) was the [[United Kingdom]]–based division of the United States–based Electric Storage Battery Company (ESBC), a predecessor to today's [[Exide Technologies]]. In 1947, ESBC was forced to sell off CESCO following the decisions of a United States district court, and CESCO held the "Exide" trademark in the UK, and later sold batteries under the Exide name in India. In 1991, CESCO's successor, Chloride Group plc, fully divested its trademark in India and battery manufacturing operations to its current management.<ref>{{cite web |title=Exide Technologies vs Exide Industries Ltd. And Ors. on 2 August, 2016 |url=https://indiankanoon.org/doc/169218930/ |access-date=9 July 2019}}</ref> In 1997, Exide Industries filed a lawsuit against Exide Technologies of the United States when the latter tried entering the Indian market, and both companies entered a prolonged legal battle that was heard by the [[Delhi High Court]], which led to a 2012 verdict that Exide Industries was the legal owner of the Exide trademark in India.

An appeal was filed and in 2017, it was ruled that while Exide Industries was the trademark owner in India, Exide Technologies held the goodwill of the "Exide" name and both companies had a legitimate claim to use of the name in the Indian market. A further appeal from the Indian company that went to the [[Supreme Court of India]] led to a stay of the verdict, however, there was a restraining order on the use of the "Exide" name from the American company until the final verdict. Both parties settled in 2017, with an out of court settlement from Exide Industries to Exide Technologies, terms being that Exide Technologies waives any rights to the "Exide" trademark in India in perpetuity.<ref>{{Cite web|url=https://www.khuranaandkhurana.com/2017/12/18/exide-industries-limited-vs-exide-corporation-u-s-a-ors/|title=Exide Industries Limited vs. Exide Corporation, U.S.A. & Ors. | Khurana and Khurana}}</ref>

==References==
{{reflist}}

{{Nifty 200 companies}}

[[Category:Motor vehicle battery manufacturers]]
[[Category:Consumer battery manufacturers]]
[[Category:Manufacturing companies based in Kolkata]]
[[Category:Indian brands]]
[[Category:Indian companies established in 1947]]
[[Category:1947 establishments in West Bengal]]
[[Category:Manufacturing companies established in 1947]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Exide Industries - Revision history

Kanna chan at 08:35, 22 February 2026