Bangalore, November 28, 2018 : Exide Industries Ltd, the country’s largest lead acid storage battery maker, today launched a new range of next generation online UPS named Power NXT. Using cutting edge technology, these online UPS range is targeted at the burgeoning SOHO (small office home office) segment as well as large format retailers.
Launching the new range in the city, Mr Arun Mittal, Director Industrial of Exide Industries Ltd, said “Exide has always remained on the cutting edge of international technology by offering products that are a generation ahead of the competition and address the real need of the user. Our latest offering of Power NXT is a testimony to that commitment to technological excellence and understanding of the market’s latent requirements.”
The new UPS system will be available across a range of capacities covering a wide target audience of SOHO and other small businesses like diagnostic centres, tutorial homes among others. “Earlier the typical demand on a power back up system was to keep the lights and fans running. But now these businesses also need back up for billings, point of sale card swipe, running of CCTV etc. Our Power NXT has been designed to address this new need of the growing economy of India,” Mr Mittal said.
About Exide Industries
Exide Industries Ltd is the country’s largest manufacturer of lead acid storage batteries and power storage solutions provider. With seven international standard factories spread across the nation for producing batteries, the company offers one of the widest ranges of batteries for every conceivable application in automotive as well as industrial segments. To complete the entire value chain, the company has two captive lead smelting units and two UPS manufacturing facilities. Exide also has manufacturing facilities in Sri Lanka and does business globally through its subsidiaries and international affiliates.
Exide’s products are sold globally, particularly in developed markets like Australia, Japan and Western Europe, under its own brand names.
Exide’s strong brand pull, established in India for about a hundred years, is supplemented by its nationwide dealer network and a very strong R&D center. With the help of its collaborators - Shin Kobe and Furukawa of Japan and East Penn of the US - Exide has consistently remained at the cutting edge of international battery technology and introduced various pioneering products and power storage solutions in the Indian and global markets.
Exide’s vast product range, that includes everything from the smallest UPS batteries to the giant submarine batteries, find applications in automotive, two-wheelers, inverters, UPS, power, telecom and railways, among others. Exide is also present in the non-conventional energy business where it designs and integrates solar and wind power solutions for use in remote areas of the country.
Exide’s customer list includes some of the top most international names in industries as diverse as automotive, earth moving equipment, telecom and UPS manufacturers.
With an annual total income of Rs 9186.32 crore (as on 31st March 2018), the company is the largest among the branded lead acid storage battery businesses in India. The company has been consistently profitable and paying dividend every single year since its inception.