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.
| 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 |
| View more.. | |
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