Milestones

  • Chloride Electrical Storage Co. (CESCO), UK set up trading operations in India as Import House
  • First factory established in Shamnagar, West Bengal
  • Second factory established in Chinchwad, Pune
  • R&D Centre established in Kolkata, West Bengal
  • Third factory established in Haldia, West Bengal
  • Technical collaboration with Shin Kobe Electric Machinery Co. Ltd., Japan, a subsidiary of the Hitachi Group
  • Chloride Industries Ltd. renamed as 'Exide Industries Ltd.'
  • Fourth factory established in Hosur, Tamil Nadu
  • Takeover of the industrial undertakings of Standard Batteries Ltd. as a going concern
  • 100% acquisition of CBSEA, Singapore
  • 49% acquisition of ABM (Ceylon), Sri Lanka
Exide plant at Bawal, Haryana
  • Commissioning of plant at Bawal, Haryana
  • New JV Company in UK - ESPEX formed with 51% EIL holding
  • Increased ABM Ceylon holding to 61%
  • 50% acquisition of Exide Life Insurance Company Limited
  • Increased shareholding to 100% in Chloride Power Systems & Solutions Limited
  • 100% acquisition of Chloride Metals Limited
Exide plant in Haldia, West Bengal
  • 51% acquisition of Chloride Alloys India Limited
  • Export plant set up in Haldia
Exide plant, Ahmednagar, Maharashtra
  • Increased shareholding to 100% in Chloride Alloys India Limited
  • Ahmednagar facility for MC batteries commenced production
  • Acquisition of first home UPS manufacturing facility at Roorkee
Exide Home UPS manufacturing facility in Haridwar, Uttarakhand
  • Acquisition of Second Home UPS manufacturing facility at Haridwar
  • Espex Batteries, UK became Wholly-owned subsidiary
  • Acquisition of remaining 50% shareholding in Exide Life Insurance Company Limited
  • 20 year legal battle with Exide Technologies comes to an end as the US company gives up its claim on the right to use the trade mark Exide in India in favour of Exide Industries Ltd.
Exide MD & CEO, Mr Gautam Chatterjee (right) signing a joint venture agreement with Mr Anil Srivastava, CEO of Leclanché in Bombay on June 27, 2018
  • Exide enters the lithium-ion batteries industry through its Joint Venture with Leclanché SA
  • Exide purchases assets of Tudor India Ltd. - a factory near Gandhinagar, Gujarat