Exide Industries

Electronics · India · 5,443 Employees

Exide Industries Limited designs, manufactures, markets, and sells lead acid storage batteries and allied products in India and internationally.

Overview

For more than seven decades, Exide has been one of India’s most reliable brands, enjoying unrivalled reputation and recall. Our constant emphasis on innovation, extensive geographic footprint, strong relationship with marquee clients and steady technology upgradations with global business partners have made us a distinct frontrunner in the lead-acid storage batteries space for both automotive and industrial applications. Exide designs, manufactures, markets and sells the widest range of lead acid storage batteries in the world from 2.5Ah to 20,600Ah capacity, to cover the broadest spectrum of applications. Using the latest technological inputs, we manufacture batteries for the automotive, power, telecom, infrastructure projects, computer industries, as well as the railways, mining and defence sectors.

Website http://www.exideindustries.com

Industry Manufacturing

Company size 5,001-10,000 employees

Headquarters Kolkata, West Bengal

Founded 1947

Specialties Market leader in battery manufacturing in India

THE INVENTION

After Alessandro Volta successfully generated electrical current from chemical reactions in 1800 A.D., Raymond Gaston invented the lead acid battery in 1860. However, it had many limitations, and it took another 20 years before a practical battery was developed using a paste of lead oxide as active material.

In India, as in many other erstwhile colonies of Great Britain, Exide batteries were imported for many years before the Chloride Electrical Storage Company (CESCO) was finally set up in 1920. It started only as an assembling and manufacturing facility and the first manufacturing unit was set up in Shamnagar, West Bengal in 1947. This marked the momentous entry of Associated Battery Makers Eastern Limited (ABMEL) in the Indian industrial scenario.

THE BEGINNING

For road vehicles, ABMEL’s principle brands were Exide and Dagenite (used by Rolls Royce) but the Company was changing its course on other tracks too. Exide “Iron Clad” batteries powered the Railways and in 1963, following the Chinese aggression, the company doubled its production of special defence batteries. The same year saw the manufacture of large stationery batteries for railway track electrification.

The rapid rate of expansion is seen with the establishment of a second factory in 1969 at Chinchwad, Maharashtra to cater to the growing demand for automobile batteries and was strategically established near automobile Original Equipment Manufacturers (OEMs).

THE JOURNEY

Over the past 75 years, the company has grown steadily, modernized its manufacturing processes and taken initiatives on the service front. Constant innovations have helped Exide to produce the world’s largest range of industrial batteries extending from 2.5 Ah to 20,600 Ah and covering various technology configurations.

This timeline looks at the history of our company, from 1916 to the present day. Exide’s extraordinary journey over the past 75 years showcases the wide product range launches, plant openings, new businesses, brand evolutions, subsidiaries, mergers, partnerships and CSR activities all orchestrated through charismatic leaders and employees through game-changing innovations.

1947

First factory established in Shamnagar on 31st January 1947. Two Indian Companies incorporated in India to take over the business operations of CESCO, India.

1969

Second factory set up in Chinchwad Pune.

1972

Associated Battery Makers (Easter) Limited renamed as Chloride India Limited on 2nd August 1972.

1973

Chloride India Limited introduces India’s first polypropylene batteries in India.

1976

The Research and Development Centre was set up in Calcutta.

1981

Third factory established in Haldia, West Bengal.

1983

Exide becomes the first indigenous original equipment in a Maruti 800. Till then Maruti came with 100 per cent imported components.

1988

Chloride India Limited is renamed as Chloride Industries Limited on 12th October 1988.

1995

Chloride Industries Limited renamed as Exide Industries Limited on 25th August 1995.

1997

Fourth factory set up in Hosur Tamil Nadu

1998

Takeover of the industrial undertakings of Standard Batteries Limited as a going concern.

2000

100% acquisition of CBSEA, Singapore and 49% acquisition of ABM (Ceylon) Sri Lanka.

2003

Commissioning of plant at Bawal Haryana and New JV company in UK ESPEX formed with 51% of EIL holdings.

2004

Increased ABM (Ceylon) holding to 60%

2007

Increased shareholding to 100% in Chloride Power Systems & Solutions Limited and 100% acquisition of Chloride Metals Limited.

2008

51% acquisition of Chloride Alloys India Limited and Export Plant set up in Haldia.

2010

Increased shareholding to 100% in Chloride Alloys India Limited and Ahmednagar facility for MC batteries commenced production.

2011

Acquisition of First Home UPS manufacturing facility at Roorkee.

2012

Acquisition of Second Home UPS manufacturing facility at Haridwar and Espex Batteries UK, became wholly owned subsidiary.

2017

20-year legal battle with Exide Technologies comes to an end as the US company gives up its claim on the right to use the trade mark ‘Exide’ in India in favour of Exide Industries Limited

2018

Exide enters the Lithium-ion batteries industry through its Joint Venture with Leclanche SA and Exide purchases assets of Tudor India Limited – a factory near Gandhinagar, Gujarat.

2022

2022 – Exide Industries Limited celebrates 75 years of its corporate existence in India.

INTERNATIONAL BUSINESS CONTACTS

Automotive Export Division

Mr. Abhijit Bhaumik
6A, Hatibagan Road, Entally,
Kolkata – 700 014
Mobile: +91 9830854007
E-mail: [email protected]

Industrial Export Division

Mr. Subhankar Paul
6A, Hatibagan Road,
Kolkata – 700 014
Mobile: +91 9830112241
E-mail: [email protected]

VISION & MISSION

TOGETHER WE CAN – TOGETHER WE WILL

Excellent organizations achieve and sustain outstanding levels of performance that meet or exceed the expectations of all stakeholders. In our journey towards excellence and to secure a sustainable future, the following shall be our organization’s vision, mission and core values. These are the fundamentals to the purpose of our existence and shall be percolated to all levels and practiced by all in our processes, activities and behaviour.

VISION

To become a Global Power House respected by customers and preferred by investors, known for innovative products and solutions.

MISSION

To outperform at market exceeding expectations of customers and shareholders through the accelerated evolution of people, processes and technologies in its journey towards excellence.

 

These are the fundamental truths that the organization believes in and people respect and work towards. Core values also set the tone of the organisation’s culture. The core values of our organization are given below :

CORE VALUES

– Leadership

– Integrity

– People Development and Involvement

– Agility

– Passion for Innovation and Technology

– Channel Partner Relationship

– Striving for Excellence

– Customer Orientation

– Management by Processes and Facts

– Responsible Corporate Citizenship

BOARD OF DIRECTORS

Mr. Bharat Dhirajlal Shah

CHAIRMAN & INDEPENDENT DIRECTOR

Mr. R B Raheja

VICE CHAIRMAN & NON-EXECUTIVE DIRECTOR

Mr. Subir Chakraborty

MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER

Mr. Asish Kumar Mukherjee

DIRECTOR – FINANCE & CHIEF FINANCIAL OFFICER

Mr. Arun Mittal

DIRECTOR – AUTOMOTIVE

Mr. Avik Kumar Roy

DIRECTOR – INDUSTRIAL

Mr. Sridhar Gorthi

INDEPENDENT DIRECTOR

Ms. Mona N Desai

INDEPENDENT DIRECTOR

Mr. Surin Kapadia

INDEPENDENT DIRECTOR

PLANT LOCATIONS

WEST BENGAL

91 New Chord Road, Athpur, Shamnagar, 24 Parganas (N) – 743 128

Durgachak, Haldia, Dist. Midnapore (E), West Bengal – 721 602

 

HARYANA

Plot No. 179, Sector 3, HSIIDC Growth Centre, Bawal – 123 501

 

MAHARASHTRA

D2, MIDC Industrial Estate, Chinchwad East, Pune – 411 019

Plot No. T-17 MIDC Taloja Industrial Area, Taloja – 410 208

E-5, MIDC, Nagapur Taluka, Ahmednagar – 414 111

 

TAMIL NADU

Survey No.246, Chichurakanapalli, Sevaganapalli Panchayath, Hosur Taluk, Krishnagiri Dist.,
Tamil Nadu – 635 103

 

UTTARAKHAND

Khasra No. – 275, Lakeshwari Industrial Area, Bhagwanpur, Roorkee, Dist. Haridwar – 247 661

Plot No. 31, Sector 8A, Integrated Industrial Estate, Ranipur, Haridwar – 249 403

BOARD COMMITTEES

AUDIT COMMITTEE
Mr. Surin S Kapadia – ChairmanMs. Mona DesaiMr. Sridhar Gorthi

CORPORATE SOCIAL RESPONSIBILITY COMMITTEE

Mr. Bharat D Shah – ChairmanMs. Mona N DesaiMr. Subir ChakrabortyMr. Avik Kumar Roy

NOMINATION AND REMUNERATION COMMITTEE

Mr. Surin Kapadia – ChairmanMs. Mona DesaiMr. R B Raheja

BANKING OPERATIONS COMMITTEE
Mr. Subir Chakraborty – ChairmanMr. A K MukherjeeMr. Arun Mittal

STAKEHOLDERS RELATIONSHIP COMMITTEE

Ms. Mona N Desai – ChairpersonMr. Asish Kumar MukherjeeMr. Subir Chakraborty

RISK MANAGEMENT COMMITTEE
Mr. Surin Kapadia – ChairmanMr. Subir ChakrabortyMr. A K MukherjeeMr. Arun MittalMr. Avik Kumar Roy

SHARE TRANSFER COMMITTEE
Mr. Subir Chakraborty – ChairmanMr. A K MukherjeeMr. Jitendra Kumar

EXECUTIVE COMMITTEE

Mr. Subir Chakraborty

Managing Director and Chief Executive Officer

Mr. A K Mukherjee

Director – Finance and Chief Financial Officer

Mr. Arun Mittal

Director – Automotive

Mr. Avik Kumar Roy

Director – Industrial

Mr. Arnab Saha

President – Industrial Sales & Marketing

Dr. Dipak Sen Choudhury

President – R&D

Mr. Jitendra Kumar

Company Secretary & President (Legal & Corporate Affairs)

Mr. Ranjan Sarkar

President – HR

MANUFACTURING FACILITIES

With nine factories spread across the country, Exide’s range and scale of manufacturing operations can be matched by very few companies in the world. Out of the nine factories, seven factories are dedicated to manufacturing batteries and the other two for Home UPS Systems. Together, the manufacturing plants produce an annual output of 8 Million Units in Automobile batteries (including batteries for motor-cycle applications), and over 600 Million Ampere-Hours of Industrial Power.

Exide’s manufacturing facilities are equipped with world’s latest and most advanced machineries. The Company is constantly upgrading its technology and also acquiring new technology to meet the ever increasing demands of its customers.

In addition to the state-of-the-art in-house R&D center recognised by the Department of Scientific and Industrial Research, Government of India, Exide also acquires new technology through technical collaboration agreements with leading international battery manufacturers.

Exide Industries Ltd, Industrial Division

India’s flagship of the storage battery industry- is also the largest Power Storage Solutions Company

in South and South East Asia.