In a bid to offset rising lead costs, Exide Industries has hiked battery prices by 3-4% from February this year.
The company has hiked battery prices by 8-9% Since December 2013. However, earlier in November 2013, the company cut battery prices by 2-5%.
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. EIL is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.