Exide Industries is planning to make its Haldia unit as one of the largest and integrated self-sufficient battery-making centers in South-East Asia, where the company can manufacture everything from recycled lead to finished battery.
The company embarked on this mission by laying the foundation stone for two greenfield projects in Haldia, which are likely to entail an investment of close to Rs 550 crore.
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.