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

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

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.

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.

Next Story
Infrastructure Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Next Story
Infrastructure Urban

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement