Tag: Indian battery industry
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India: Exide Industries invests INR 200 crore in battery subsidiary
Bengaluru plant enters commissioning, customer validation Exide targets revenue contribution from Q3 FY27 Exide Industries has invested INR 200 crore in wholly owned subsidiary Exide Energy Solutions Ltd (EESL), taking its total investment in the battery business to INR 5,102.23 crore. The latest rights-based infusion, completed on 18 August 2026, is part of a broader…