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Exide Industries inks JV agreement with Leclanche

28 Jun 2018 Evaluate

Exide Industries has signed Joint Venture (JV) agreement with Leclanche SA, a company incorporated under the laws of Switzerland. The JV will undertake business in the territory of India for manufacturing, assembly, trade, sale and distribution of lithium ion batteries, module making and associated systems.

The JV to also undertake business for contract manufacturing/ sourcing of modules for third parties in the Territory on a case to case basis for strategic reasons as may be agreed between the Parties.

Exide Industries manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacities, covering the broadest spectrum of applications. It is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.

Exide Inds Share Price

334.90 5.40 (1.64%)
21-Apr-2026 10:59 View Price Chart
Peers
Company Name CMP
Exide Inds 334.90
Amara Raja Energy 780.55
HBL Engineering 787.55
Eveready Inds. India 307.30
Indo-National 328.45
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