Verified employee & interview reviews

Exide Industries Reviews

Kolkata, West Bengal

4.3/ 5

3 reviews

Exide Industries Limited is an Indian multinational storage battery manufacturing company and stands as India's largest manufacturer of automotive and industrial lead-acid storage batteries. Headquartered in Kolkata, West Bengal, the company operates as a critical player in the global energy storage industry with a rich heritage dating back to its incorporation on January 31, 1947, originally as Associated Battery Makers (Eastern) Ltd. It was later renamed Chloride Industries Ltd. before officially becoming Exide Industries Limited in August 1995. The core operations of Exide Industries are centered around the design, manufacture, marketing, and sale of the widest range of lead-acid storage batteries, ranging from 2.5Ah to 20,600Ah capacities. The company's product portfolio is highly diversified to serve several major business segments, including B2C aftermarket, institutional B2B OEMs, and international markets. In the automotive sector, Exide supplies batteries for two-wheelers, three-wheelers, four-wheelers, and e-rickshaws. Within the industrial and infrastructure verticals, it serves critical segments such as telecommunications, power generation, electrical substations, railways, computer industries, mining, and the defense sector, including manufacturing specialized battery systems for submarines. Exide operates a robust manufacturing footprint consisting of nine to eleven international-standard factories spread across various states in India, including West Bengal, Maharashtra, Tamil Nadu, Haryana, and Uttarakhand. To maintain its technological edge, the company utilizes collaborations with global entities like Furukawa Battery of Japan and East Penn Manufacturing of the United States. Its proprietary Research and Development Centre, established in Kolkata in 1976, is recognized globally for pioneering battery technologies. Adapting to modern energy demands, Exide has strategically pivoted into advanced battery solutions through its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL). EESL is setting up a massive 12 gigawatt-hour (GWh) lithium-ion cell manufacturing gigafactory in Bengaluru, Karnataka, to cater to India's electric vehicle (EV) market and stationary energy storage applications. Additionally, the company emphasizes sustainability through its subsidiary, Chloride Metals Limited (CML), which operates secondary smelting and refining facilities to recycle lead-acid batteries. Financially, Exide Industries is publicly traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The company enjoys a dominant domestic market presence with a nationwide retail and service ecosystem exceeding 48,000 touchpoints. Led by Managing Director and CEO Subir Chakraborty, Exide continues to align its operations with clean energy trends and electric mobility, leveraging its seven decades of experience to expand its export footprint, which currently spans over 60 countries across six continents.