Exide Industries

Exide Industries is one of India's largest and oldest energy storage companies, manufacturing lead-acid batteries for automotive, industrial, and infrastructure segments. It is actively transitioning into lithium-ion technology through its subsidiary Exide Energy Solutions, positioning itself as a full-spectrum energy storage player serving both conventional and clean energy markets.

Exide's core strength lies in advanced lead-acid battery manufacturing, including VRLA, tubular, and AGM variants. Its lithium-ion pivot via Exide Energy Solutions targets EV and stationary storage applications. The company is investing in cell-level manufacturing capabilities, aiming to localise lithium-ion cell production within India — a significant technological leap.

Exide operates a large, multi-location manufacturing network across India with significant installed capacity for lead-acid batteries serving diverse segments. Its new lithium-ion gigafactory in Bengaluru marks a qualitative shift toward advanced cell manufacturing at scale, substantially expanding its clean energy production footprint.

Exide commands a pan-India distribution network with thousands of dealers and service points, making it one of the most widely accessible battery brands in the country. Internationally, it exports to select markets in Asia, the Middle East, and Africa, though its primary revenue base remains strongly domestic.

Exide is progressively integrating automated assembly lines, robotic material handling, and quality-control vision systems across its lead-acid plants to improve throughput and consistency. For its lithium-ion gigafactory, it is adopting advanced cell formation, electrode coating, and testing automation benchmarked to global standards, supporting cost reduction and yield improvement at scale.

Exide holds a leadership position in India's organised battery market, co-leading alongside Amara Raja. Its early and substantial commitment to lithium-ion cell manufacturing differentiates it from most domestic peers, though it faces intensifying competition from global cell manufacturers and well-funded new entrants.