openPR Logo
Press release

Exide industries: Assumed Li-ion Battery Business Shines with Rs1700 Crore Revenue - Ken Research

06-27-2023 07:17 PM CET | Energy & Environment

Press release from: Ken Research Pvt .Ltd

Exide industries: Assumed Li-ion Battery Business Shines with

Exide Industries, a prominent player in the storage battery market, confidently asserts its substantial lead over competitors in the lithium-ion battery business. To solidify its position, the company established a wholly-owned subsidiary called Exide Energy Solutions in 2022, anticipated to commence operations by the end of FY25, the cell manufacturing factory represents a significant investment of ~Rs4000 crore in its initial phase.

The current order book for the Exide industries module and pack making facility amounts to ~600-700 crore. These orders are expected to be fulfilled within the next 12-15 months. The company is geared up to execute these orders efficiently, ensuring timely delivery and meeting customer requirements.

1. Joint Venture: A Game-Changing Move?

Interested to Know More about this Report, Request a Free Sample Report @ https://www.kenresearch.com/energy-and-utilities/power/india-lithium-ion-cell-battery-market/174404-103.html

In a strategic move to enter the lithium-ion battery systems and energy solutions sector and tap into India's electric vehicle market, the company established a joint venture with Leclanché SA, headquartered in Switzerland. The joint venture has come into market in June 2018, the joint venture has been actively involved in manufacturing lithium-ion battery modules and packs in Gujarat. Nexcharge has so far invested INR~2.5 Bn in building and setting up the plant which has also have cell testing lab.

2. Will Exide Industries Benefit from Governmental Reforms?

Visit this Link:- Request for custom report @ https://www.kenresearch.com/ask-customization.php?Frmdetails=MTc0NDA0

The Central Government recently approved a PLI scheme on such batteries. The scheme outlay of Rs 18,100 crore is intended to establish 50 Giga Watt Hour (GWh) of advanced cell chemistry and 5 GWh of niche advanced cell chemistry. Exide is currently rising the game by setting-up a green-field multi-gigawatt lithium-ion cell manufacturing unit in Karnataka. The total estimated cost for the project is INR 6000 Cr.

For more insights on market intelligence, refer to the link below: -

https://www.kenresearch.com/energy-and-utilities/power/india-lithium-ion-cell-battery-market/174404-103.html

Ken Research

Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Exide industries: Assumed Li-ion Battery Business Shines with Rs1700 Crore Revenue - Ken Research here

News-ID: 3105082 • Views:

More Releases from Ken Research Pvt .Ltd

Ken Research Stated Malaysia's Automotive Aftermarket Service Market to Reach MYR 35 billion
Ken Research Stated Malaysia's Automotive Aftermarket Service Market to Reach MY …
Comprehensive market analysis highlights demand surge from aging vehicles, digital adoption, and multi-brand dominance reshaping Malaysia's aftersales ecosystem. Delhi, India - September 30, 2025 - Ken Research released its strategic market analysis titled "Malaysia Automotive Aftermarket Service Market Outlook to 2028," revealing that Malaysia's automotive aftermarket service industry valued at MYR 35 billion based on a five-year historical analysis. The report extends forecasts through 2028, detailing how growth will be driven
Malaysia Ophthalmology Surgery Market - Ken Research Stated the Sector Valued at ~RM 1150 million with Strong Growth Potential
Malaysia Ophthalmology Surgery Market - Ken Research Stated the Sector Valued at …
Comprehensive market analysis maps demographic demand shifts, technological adoption, and strategic imperatives for providers in Malaysia's evolving surgical eye-care ecosystem. Delhi, India - September 30, 2025 - Ken Research released its strategic market analysis titled "Malaysia Ophthalmology Surgery Market Outlook to 2029," revealing that Malaysia's ophthalmology surgery market is valued at RM 1150 million. The comprehensive analysis details how cataract procedures, refractive surgeries, and micro-invasive glaucoma surgeries (MIGS) are expected to
Philippines Medical Devices Market Crosses USD 1550 million Milestone - Latest Insights by Ken Research
Philippines Medical Devices Market Crosses USD 1550 million Milestone - Latest I …
Comprehensive market analysis maps demand acceleration, regulatory clarity, and capital allocation priorities across a high-growth, import-reliant ecosystem. Delhi, India - September 30, 2025 - Ken Research released its strategic market analysis titled "Philippines Medical Devices Market Outlook to 2028," revealing that the Philippines medical devices market has reached ~USD 1550 million. The analysis details how Universal Health Care (UHC) rollout, hospital infrastructure upgrades, and Metro Manila's concentration of premium providers are
Vietnam Used Car Market Crosses VND 1,60,000 billion Milestone - Latest Insights by Ken Research
Vietnam Used Car Market Crosses VND 1,60,000 billion Milestone - Latest Insights …
Comprehensive market analysis maps demand shifts, digital disruption, and strategic imperatives shaping Vietnam's secondary auto ecosystem through 2028. Delhi, India - September 26, 2025 - Ken Research released its strategic market analysis titled "Vietnam Used Car Market Outlook to 2028," revealing that Vietnam's used car market is valued at VND 1,60,000 billion. The comprehensive analysis details how transaction volumes are set to accelerate as organized dealers, OEM-certified programs, and digital-first marketplaces

All 5 Releases


More Releases for Exide

Industrial and Commercial Battery Market to Witness Huge Growth by 2029 | Narada …
The Industrial and Commercial Battery market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The Industrial and Commercial Battery report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period. The Industrial and Commercial Battery research report also provides
Two Wheeler Battery Market Analysis and Global Outlook 2022 to 2030 -Exide Indus …
The Global Two Wheeler Battery Market research report 2022 provides a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The Two Wheeler Battery market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunities, capacity, revenue, and forecast for 2030. The report delivers a comprehensive overview of the crucial elements of the market and elements such
Sport Bike SLI Battery Market Is Booming Worldwide | Johnson Controls, GS Yuasa, …
Sport Bike SLI Battery Market: The extensive research on Sport Bike SLI Battery Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Sport Bike SLI Battery Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the
Global Battery For Railways Market Research Report 2019 | EnerSys, Exide India L …
Lead acid batteries start and power trains and rapid rail systems. The features and benefits of these specially designed batteries for the railway industry include the Low antimony alloys for reduced maintenance and longer life. Request for discount@ https://www.researchtrades.com/discount/1670847 The recent years have witnessed a constant focus on reducing fuel import which has resulted in the rise in railway electrification projects. Also, diesel engines are not economical, they have high maintenance costs,
What's driving the Railway battery Market growth? Key Players are: EnerSys, Exid …
Railway battery Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Railway battery industry with a focus on the Chinese market. The report provides key statistics on the market status of the Railway battery manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Overall, the report provides an in-depth insight
Global Submarine Battery Market 2019 - Exide Technologies, , Zibo Torch Energy C …
This new report by Eon Market Research, titled “Global Submarine Battery Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Submarine Battery industry at a global as well as regional and country level. Key facts analyzed in this report include the Submarine Battery market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study