Exide Industries
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.
| Company type | Public |
|---|---|
Traded as | |
| ISIN | INE302A01020 |
| Industry | |
| Founded | 1947 |
| Headquarters | Exide House, , India |
Area served | Worldwide |
Key people | |
| Revenue | ₹14,592 crore (US$1.8 billion) (2022-23) |
| ₹1,568 crore (US$200 million) (2022-23) | |
Net income | ₹904 crore (US$110 million) (2022-23) |
| Subsidiaries |
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| Website | www |
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 2 factories manufacture Home UPS Systems. The factories are located in Ahmednagar, Chinchwad & Taloja in Maharashtra, Haldia & Shyamnagar in West Bengal, Roorkee & 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.
Exide exports its batteries to more than 60 countries across the globe. It has a strong 95,000+ distributor & dealer / sub-dealer network.
The company has forayed into manufacturing of lithium-ion battery modules and packs through its subsidiary Exide Energy Private Limited (under the brand Nexcharge) for India’s electric vehicle market and stationary applications. Further, it has recently set up a wholly-owned subsidiary – Exide Energy Solutions Limited - and is in the process of setting up a plant for multi-giga watt hour lithium-ion cell manufacturing business at Bengaluru, Karnataka.
Exide through its wholly owned subsidiary, Chloride Metals Limited, operates 3 modern lead recycling facilities in the state of West Bengal, Maharashtra & Karnataka.