Exide Sees Rs Four to Five bn Export Boost After Europe Tie-Up
ECONOMY & POLICY

Exide Sees Rs Four to Five bn Export Boost After Europe Tie-Up

Exide Industries expects additional exports of Rs four to five bn from the next fiscal as an exclusive tie-up with a European partner and the India-US trade deal support expansion. The managing director and chief executive said the arrangement is part of a global exports strategy and the partner was not disclosed. The firm intends to target Europe with private-label sales in forklift, material handling and high-end car segments.

The company expects the India-US and India-EU trade agreements to raise exports to about eight to nine per cent of revenue by the next fiscal. Exports fell to around five per cent in FY26 owing to geopolitical headwinds. Exide said it is positioned to meet demand across lead-acid and lithium-ion technologies as two-wheeler launches include both electric and internal combustion models.

The wholly owned subsidiary Exide Energy Solutions Ltd (EESL) is validating batteries for two-wheelers and three-wheelers and expects two-wheeler production to begin by March-April 2026. Validation and development for lithium-ion packs for four-wheelers is expected to take another one to two years. Management said the company will supply vehicle makers and aftermarket channels as demand grows.

Exide plans to invest a further Rs 14 bn in the lithium-ion business in FY27, including Rs five bn in the fourth quarter of the current fiscal, taking total investment in the segment to about Rs 48 bn. The firm will continue to invest around Rs five bn annually in existing operations. Management expects capital expenditure to be funded through internal accruals and aims to remain debt-free in FY27.

The company described the demand outlook as robust and targets high single-digit to double-digit growth. Exide expects its topline to reach Rs 200 bn over the next three years and Rs 250 bn by 2030 as the lithium-ion business scales. Management said it will monitor market dynamics and policy developments while pursuing export growth and domestic electrification.

Exide Industries expects additional exports of Rs four to five bn from the next fiscal as an exclusive tie-up with a European partner and the India-US trade deal support expansion. The managing director and chief executive said the arrangement is part of a global exports strategy and the partner was not disclosed. The firm intends to target Europe with private-label sales in forklift, material handling and high-end car segments. The company expects the India-US and India-EU trade agreements to raise exports to about eight to nine per cent of revenue by the next fiscal. Exports fell to around five per cent in FY26 owing to geopolitical headwinds. Exide said it is positioned to meet demand across lead-acid and lithium-ion technologies as two-wheeler launches include both electric and internal combustion models. The wholly owned subsidiary Exide Energy Solutions Ltd (EESL) is validating batteries for two-wheelers and three-wheelers and expects two-wheeler production to begin by March-April 2026. Validation and development for lithium-ion packs for four-wheelers is expected to take another one to two years. Management said the company will supply vehicle makers and aftermarket channels as demand grows. Exide plans to invest a further Rs 14 bn in the lithium-ion business in FY27, including Rs five bn in the fourth quarter of the current fiscal, taking total investment in the segment to about Rs 48 bn. The firm will continue to invest around Rs five bn annually in existing operations. Management expects capital expenditure to be funded through internal accruals and aims to remain debt-free in FY27. The company described the demand outlook as robust and targets high single-digit to double-digit growth. Exide expects its topline to reach Rs 200 bn over the next three years and Rs 250 bn by 2030 as the lithium-ion business scales. Management said it will monitor market dynamics and policy developments while pursuing export growth and domestic electrification.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code