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The Economic Times

Economy / The Economic Times

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Exide to balance lead-acid strength with lithium-ion push

Exide Industries is strategically expanding into lithium-ion cell manufacturing to support India's energy transition. The company will continue its strong lead-acid battery business. Exide Energy Solutions Ltd is engaging with manufacturers for electric vehicles and energy storage. India's lithium-ion battery demand is projected to grow significantly by 2030, driven by electric mobility.

17 Jun 2026 11:05 pm