Exide Industries Ltd is the country’s largest manufacturer of lead acid storage batteries and power storage solutions provider. With seven international standard factories spread across the nation for producing batteries, the company offers one of the widest ranges of batteries for every conceivable application in automotive as well as industrial segments. Exide also has manufacturing facilities in Sri Lanka and does business globally through its subsidiaries and international affiliates.
Exide’s products are sold globally, particularly in developed markets like Australia, Japan and Western Europe, under its own brand names.
Exide’s strong brand pull, established in India for about a hundred years, is supplemented by its nationwide dealer network and a very strong R&D center. With the help of its collaborators – Shin Kobe and Furukawa of Japan and East Penn of the US – Exide has consistently remained at the cutting edge of international battery technology and introduced various pioneering products and power storage solutions in the Indian and global markets.
Exide’s vast product range, that includes everything from the smallest UPS batteries to the giant submarine batteries, find applications in automotive, two-wheelers, inverters, UPS, power, telecom and railways, among others. Exide is also present in the non-conventional energy business where it designs and integrates solar and wind power solutions for use in remote areas of the country.
Exide’s customer list includes some of the top most international names in industries as diverse as automotive, earth moving equipment, telecom and UPS manufacturers.
Exide has recently branched out into the synergistic business of manufacturing and marketing its own range of home UPS systems thereby offering a total end to end solution to its customers.
With an annual total income of Rs 6823.71 crore (as on 31st March 2016), the company is the largest among the branded lead acid storage battery businesses in India. The company has been consistently profitable and dividend paying ever since its inception.