Exide Industries Limited is a major Indian manufacturer of lead-acid storage batteries and inverters, with extensive operations across multiple sectors, including automotive, industrial, and submarine batteries.

The company is significantly expanding into lithium-ion battery production, with substantial investments and infrastructure nearing completion, aiming to tap into electric vehicles and renewable energy storage markets.

Exide has capitalized on regulatory changes, such as the GST rate reductions, to align with market demand, enhancing its competitive advantage by effectively managing supply chain and pricing strategies.

The firm is leveraging its long-standing brand reputation and extensive distribution network to expand its solar business, aiming to achieve significant growth through government incentives and increased penetration in rural and industrial segments.

By integrating advanced manufacturing technologies and strategic partnerships, Exide seeks to enhance operational efficiencies and product offerings, consolidating its market position amidst evolving industrial demands.