About Exide Industries Ltd
Exide Industries Ltd. is a prominent name in the battery manufacturing sector. It is known for its extensive range of power storage solutions. Established in 1947, the company has a rich history spanning many years. It is headquartered in Kolkata, West Bengal. Exide Industries operates under the leadership of key promoters Bharat Dhirajlal Shah.
The company’s product portfolio is diverse. It includes automotive batteries, industrial batteries, and solar batteries. It also includes submarine batteries, inverter batteries, genset batteries, and home UPS systems. This wide array of products caters to various applications. It is making Exide Industries a versatile player in the market.
Exide Industries Ltd holds the credit of being the largest manufacturer of lead-acid storage batteries in India. This leadership position underscores its dominance in the sector. A promoter shareholding of 45.99% supports it. The company’s strong market presence and extensive product range highlight its competitive edge.
The registered office of Exide Industries Ltd is located at Exide House, 59E, Chowringhee Road, Kolkata - 700020, West Bengal, India. The company’s registrar is KFin Technologies Pvt. Ltd. The management team is led by Chairman Bharat Dhirajlal Shah and Managing Director & CEO Avik Kumar Roy. It also comprises experienced professionals who drive the company’s growth and innovation.
Key managing promoters include:
Exide Industries Ltd’s journey initiated to become a market leader. This progress is a testament to its strategic vision and operational excellence. The company continues to expand its footprint. It is leveraging its robust product portfolio and market expertise to sustain its growth trajectory.
Economic Contributions
Exide Industries Ltd plays a pivotal role in the Indian economy. It is the largest manufacturer of lead-acid storage batteries in India. The company supports various industries, including automotive, industrial, and renewable energy sectors. Its extensive product portfolio includes automotive batteries, industrial batteries, and solar batteries. It also includes submarine batteries, inverter batteries, genset batteries, and home UPS systems. These products ensure a steady supply of essential power storage solutions. This diversity stabilizes the company’s revenue streams and contributes significantly to India’s GDP.
Technological Advancements
Innovation is at the heart of Exide Industries Ltd’s operations. The company invests in research and development to enhance product performance and efficiency. This commitment to innovation has led to the development of advanced battery technologies. These cater to the evolving needs of various sectors. For instance, Exide’s solar batteries support the growing renewable energy market. Its submarine batteries are crucial for defense applications. These technological advancements position Exide Industries Ltd as a leader in the battery manufacturing sector.
Sustainability Initiatives
Exide Industries Ltd is dedicated to sustainable practices. The company has implemented various initiatives to minimize its environmental footprint. These include recycling programs for used batteries and reducing hazardous waste. This has adopted energy-efficient manufacturing processes. Exide’s focus on sustainability extends to its product offerings. It comes with a range of eco-friendly batteries designed to support green energy solutions. By prioritizing sustainability, Exide Industries Ltd meets regulatory requirements. It also contributes to global environmental conservation efforts.
Community Engagement
Exide Industries Ltd’s influence extends beyond its business operations to community development. The company is actively involved in CSR initiatives aimed at improving the quality of life in the communities where it operates. These initiatives cover many areas, including education, healthcare, and environmental conservation. Exide’s efforts are seen in building schools and providing healthcare facilities. It also promotes environmental awareness. This reflects its commitment to social responsibility and community welfare.
Global Presence and Export Capabilities
Exide Industries Ltd’s global presence is a significant contributor to its influence. The company’s products are exported to numerous countries. It is enhancing India’s reputation as a reliable supplier of high-quality batteries. This global reach boosts the company’s revenue. It also strengthens bilateral trade relations between India and other countries. Exide also participates in international trade fairs and exhibitions. This further amplifies its global footprint and market reach.
Future Prospects
Exide Industries Ltd is well-positioned to capitalize on emerging opportunities in the battery manufacturing sector. The company focuses on innovation, sustainability, and market expansion. This will continue to drive its growth. Exide’s plans to diversify its product offerings and explore new markets are expected to enhance its competitive advantage and market share. The company is committed to sustainable practices and community development. This will further solidify its reputation as a responsible and forward-thinking organization.
Exide Industries Ltd.’s influence on the battery manufacturing sector, the economy, and society is profound. The company has established itself as a leader in the industry. Exide Industries Ltd’s journey from its start to becoming a market leader is a testament to its strategic vision. It proves its operational excellence and unwavering commitment to social responsibility. As the company continues to grow and evolve, its positive impact on the industry and society is set to expand even further.
The company’s product portfolio is diverse. It includes automotive batteries, industrial batteries, and solar batteries. It also includes submarine batteries, inverter batteries, genset batteries, and home UPS systems. This wide array of products caters to various applications. It is making Exide Industries a versatile player in the market.
Exide Industries Ltd holds the credit of being the largest manufacturer of lead-acid storage batteries in India. This leadership position underscores its dominance in the sector. A promoter shareholding of 45.99% supports it. The company’s strong market presence and extensive product range highlight its competitive edge.
The registered office of Exide Industries Ltd is located at Exide House, 59E, Chowringhee Road, Kolkata - 700020, West Bengal, India. The company’s registrar is KFin Technologies Pvt. Ltd. The management team is led by Chairman Bharat Dhirajlal Shah and Managing Director & CEO Avik Kumar Roy. It also comprises experienced professionals who drive the company’s growth and innovation.
Key managing promoters include:
- Bharat Dhirajlal Shah
- R B Raheja
- Avik Kumar Roy
- A K Mukherjee
- Mona N Desai
Exide Industries Ltd’s journey initiated to become a market leader. This progress is a testament to its strategic vision and operational excellence. The company continues to expand its footprint. It is leveraging its robust product portfolio and market expertise to sustain its growth trajectory.
Company Impact
Exide Industries Ltd. was established in 1947. It has influenced the battery manufacturing sector and the broader economy over many years of history. Headquartered in Kolkata, West Bengal, the company operates under the leadership of Bharat Dhirajlal Shah. Exide Industries Ltd’s impact is multifaceted, encompassing economic contributions. It is also involved in technological advancements and community engagement.Economic Contributions
Exide Industries Ltd plays a pivotal role in the Indian economy. It is the largest manufacturer of lead-acid storage batteries in India. The company supports various industries, including automotive, industrial, and renewable energy sectors. Its extensive product portfolio includes automotive batteries, industrial batteries, and solar batteries. It also includes submarine batteries, inverter batteries, genset batteries, and home UPS systems. These products ensure a steady supply of essential power storage solutions. This diversity stabilizes the company’s revenue streams and contributes significantly to India’s GDP.
Technological Advancements
Innovation is at the heart of Exide Industries Ltd’s operations. The company invests in research and development to enhance product performance and efficiency. This commitment to innovation has led to the development of advanced battery technologies. These cater to the evolving needs of various sectors. For instance, Exide’s solar batteries support the growing renewable energy market. Its submarine batteries are crucial for defense applications. These technological advancements position Exide Industries Ltd as a leader in the battery manufacturing sector.
Sustainability Initiatives
Exide Industries Ltd is dedicated to sustainable practices. The company has implemented various initiatives to minimize its environmental footprint. These include recycling programs for used batteries and reducing hazardous waste. This has adopted energy-efficient manufacturing processes. Exide’s focus on sustainability extends to its product offerings. It comes with a range of eco-friendly batteries designed to support green energy solutions. By prioritizing sustainability, Exide Industries Ltd meets regulatory requirements. It also contributes to global environmental conservation efforts.
Community Engagement
Exide Industries Ltd’s influence extends beyond its business operations to community development. The company is actively involved in CSR initiatives aimed at improving the quality of life in the communities where it operates. These initiatives cover many areas, including education, healthcare, and environmental conservation. Exide’s efforts are seen in building schools and providing healthcare facilities. It also promotes environmental awareness. This reflects its commitment to social responsibility and community welfare.
Global Presence and Export Capabilities
Exide Industries Ltd’s global presence is a significant contributor to its influence. The company’s products are exported to numerous countries. It is enhancing India’s reputation as a reliable supplier of high-quality batteries. This global reach boosts the company’s revenue. It also strengthens bilateral trade relations between India and other countries. Exide also participates in international trade fairs and exhibitions. This further amplifies its global footprint and market reach.
Future Prospects
Exide Industries Ltd is well-positioned to capitalize on emerging opportunities in the battery manufacturing sector. The company focuses on innovation, sustainability, and market expansion. This will continue to drive its growth. Exide’s plans to diversify its product offerings and explore new markets are expected to enhance its competitive advantage and market share. The company is committed to sustainable practices and community development. This will further solidify its reputation as a responsible and forward-thinking organization.
Exide Industries Ltd.’s influence on the battery manufacturing sector, the economy, and society is profound. The company has established itself as a leader in the industry. Exide Industries Ltd’s journey from its start to becoming a market leader is a testament to its strategic vision. It proves its operational excellence and unwavering commitment to social responsibility. As the company continues to grow and evolve, its positive impact on the industry and society is set to expand even further.
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