Exide Industries expects its Bengaluru lithium-ion cell plant to generate revenue from the third quarter. The company has invested significantly and will invest more to complete the first phase of this project. Initially, the plant will supply domestically manufactured battery cells for electric vehicles and energy storage. Commercial supplies for stationary lithium battery applications are also targeted from the third quarter.

Storage battery major Exide Industries said on Friday that it is planning to invest around ₹1,400 crore this fiscal for the first phase of the multi giga watt hour (GWh)…

Exide Industries expects its Bengaluru lithium-ion cell plant to generate revenue from the third quarter. The company has invested significantly and will invest more to complete…