Exide Expects Rs Four To Five bn Export Boost From European Tie-up

10 Feb 2026 CW Team

Exide Energy Solutions Ltd (EESL), the company's wholly owned subsidiary for lithium-ion batteries, is conducting validation for batteries for two-wheelers and three-wheelers. EESL plans to begin production for two-wheelers by March-April 2026, while batteries for four-wheelers are expected to require another one to two years to reach production readiness. The company is positioning its lithium-ion operations to meet accelerating demand across vehicle segments.

Exide said it is well positioned to cater to demand for both lithium-ion and lead-acid batteries as two-wheeler launches are occurring across electric and internal combustion engine models in roughly equal numbers. The company plans to invest Rs 14 bn in the lithium-ion battery business in FY'27, with Rs five bn allocated in the fourth quarter of the current fiscal, taking total investment in the segment to about Rs 48 bn. It also continues to invest around Rs five bn annually in its existing operations.

Management expects the firm to remain debt free in FY'27, with planned capital expenditure to be funded entirely through internal accruals. The demand outlook was described as robust, with the company targeting high single-digit to double-digit growth. There are plans to leverage trade agreements and partnerships to support export expansion and technology adoption.

Exide projected its topline to reach Rs 200 bn over the next three years and Rs 250 bn by 2030, citing the full benefits of its lithium-ion business. The company indicated it would continue to scale manufacturing and exports to meet these targets.

Exide Industries expects additional exports of Rs four to five bn from the next fiscal following an exclusive tie-up with a European partner and the anticipated benefits of the India-US trade deal. The company said the partner and the structure of the collaboration were not disclosed and that exports to Europe will primarily be in private label. It expects exports to contribute about eight to nine per cent of overall revenue by the next fiscal, up from around five per cent in FY'26. Exide Energy Solutions Ltd (EESL), the company's wholly owned subsidiary for lithium-ion batteries, is conducting validation for batteries for two-wheelers and three-wheelers. EESL plans to begin production for two-wheelers by March-April 2026, while batteries for four-wheelers are expected to require another one to two years to reach production readiness. The company is positioning its lithium-ion operations to meet accelerating demand across vehicle segments. Exide said it is well positioned to cater to demand for both lithium-ion and lead-acid batteries as two-wheeler launches are occurring across electric and internal combustion engine models in roughly equal numbers. The company plans to invest Rs 14 bn in the lithium-ion battery business in FY'27, with Rs five bn allocated in the fourth quarter of the current fiscal, taking total investment in the segment to about Rs 48 bn. It also continues to invest around Rs five bn annually in its existing operations. Management expects the firm to remain debt free in FY'27, with planned capital expenditure to be funded entirely through internal accruals. The demand outlook was described as robust, with the company targeting high single-digit to double-digit growth. There are plans to leverage trade agreements and partnerships to support export expansion and technology adoption. Exide projected its topline to reach Rs 200 bn over the next three years and Rs 250 bn by 2030, citing the full benefits of its lithium-ion business. The company indicated it would continue to scale manufacturing and exports to meet these targets.

Building Material

01 Mar 2026

NITI Aayog Unveils Cement Decarbonisation Roadmap

NITI Aayog has released a sector-specific decarbonisation roadmap for cement as part of three green transition reports covering cement, aluminium and MSMEs. The report projects cement production rising to around 2,100 million tonnes by 2070 from 391 million tonnes in 2023, while targeting a reduction in carbon intensity to 0.09–0.13 tCO₂e per tonne. It recommends clinker substitution, refuse-derived fuels, CCUS adoption and carbon trading mechanisms to enable deep decarbonisation. ..

Technology

06 Mar 2026

Genesys Launches Advanced GeoRadar System

Genesys International Corporation has launched an advanced Ground Penetrating Radar (GPR) solution from IDS GeoRadar for underground utility mapping in India. The system uses patented Equalised Scrambling Technology (EST) and Wide/Multi-Array Antenna Technology to deliver high-resolution three-dimensional imaging of subsurface infrastructure. The technology enables the detection and mapping of buried assets such as water pipelines, sewer networks, telecom cables and power lines. By providing detailed subsurface insights, the system aims to help urban authorities and infrastructure developers ..

Infrastructure Urban

06 Mar 2026

Hindustan Zinc Partners Virginia Tech to Boost Silver Recovery

Hindustan Zinc Limited recently signed a Memorandum of Understanding (MoU) with Virginia Tech to advance research aimed at improving silver recovery across its lead–zinc (Pb–Zn) concentrators. The collaboration will focus on refining flotation techniques and optimising reagent usage to improve concentrate quality and operational efficiency at processing plants.Virginia Tech, based in Blacksburg, Virginia, is globally recognised for its expertise in mining engineering, mineral processing and applied metallurgical research. Through this partnership, Hindustan Zinc will leverage global resear..