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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
Exide becomes the first indigenous original equipment in a Maruti 800. Till then a Maruti car came with 100 per cent imported components.
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
Increased ABM Ceylon holding to 61%
50% acquisition of Exide Life Insurance Company Limited
Acquisition of first home UPS manufacturing facility at Roorkee
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.