Archive · 27 Jul 2025
Exide Industries to Invest Over ₹1000 Crore in Battery Businesses
Exide Industries, a battery company, is putting more than a billion rupees into its lithium-ion and lead acid battery businesses.
They've already spent a lot on a new lithium-ion battery factory and plan to start making batteries there soon.
They will spend more on that this year.
The company is also investing in lead-acid batteries and recycling to meet the growing energy demands.
They are seeing opportunities in solar energy storage and for data centers.
Exide Industries to invest over ₹1000 crore in lithium-ion and lead acid battery businesses.
The company aims to begin commercial operations at its lithium-ion cell manufacturing plant in Karnataka this fiscal year.
Exide has already invested over ₹3700 crore in the first phase of its lithium-ion project.
An additional ₹600-700 crore will be invested in the current fiscal year for lithium-ion technology.
The company is also investing ₹500 crore in lead acid and recycling businesses.
- Who
- Exide Industries.
- What
- Exide Industries plans to invest over ₹1000 crore across its lithium-ion and lead acid battery businesses.
- When
- Commercial production at the lithium-ion cell manufacturing plant is slated to commence within the current financial year. The article was published on or after July 26, 2025.
- Where
- Karnataka, India.
- Why
- To meet evolving energy demands and capitalize on growth in solar and data center energy storage.
- Company
- Exide Industries
- Total Investment (FY26)
- Over ₹1000 crore
- Lithium-ion Phase 1 Investment
- Over ₹3700 crore
- Additional Lithium-ion Investment (FY26)
- ₹600-700 crore
- Lead Acid & Recycling Investment
- ₹500 crore
- Lithium-ion Plant Location
- Karnataka
