Exide Industries is trying to reinvent itself beyond traditional car and backup batteries, with a big push into newer battery technology and new overseas markets. The upside hinges on smoothly scaling that new factory and keeping demand steady as customers like telecom shift away from older battery types.Read more
Exide’s main battery business faces slowing demand as the world shifts toward newer battery types, and tougher environmental rules could make its traditional products harder and costlier to sell. The big question is whether its push into newer battery technology can grow fast enough to offset fierce competition and protect profits.Read more
Exide is pushing beyond its well-known car batteries into newer battery types and large energy-storage projects, helped by local manufacturing support and a big existing sales network. The upside could be strong if its new factory ramps smoothly, but the story can break if costs rise, new plants underperform, or tougher rules and new competitors squeeze the old business.Read more
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Exide Industries Limited designs, manufactures, markets, and sells lead acid batteries and accumulators in India and internationally. It offers automotive, infrastructural, genset, solar, inverter, institutional uninterrupted power supply (UPS), and submarine batteries, as well as home UPS systems, integrated power back-up systems, and e-rickshaw vehicles. The company also manufactures and supplies recycled lead and lead alloys; offers lithium-ion batteries; produces and distributes industrial battery chargers and rectifiers; and provides energy storage solutions, as well as engages in the non-conventional energy business. It sells batteries under the Exide, Index, Dynex, SF Sonic, Chloride, Dagenite, Jupiter, Black panther, and CEIL brand names through a distribution network of dealers. The company was formerly known as Chloride Industries Ltd. and changed its name to Exide Industries Limited in August 1995. Exide Industries Limited was founded in 1916 and is headquartered in Kolkata, India.
