Exide Industries, one of India’s largest energy storage and battery technology companies, has announced that its project for manufacturing lithium-ion cells is on track for completion by the end of FY26. The company, which has been rapidly expanding its advanced chemistry cell (ACC) capabilities, aims to solidify its position as a leading domestic supplier for electric vehicles, renewable energy storage systems, telecom, and industrial applications.
The update comes alongside Exide’s ongoing investments in a state-of-the-art lithium-ion cell gigafactory in Karnataka, being developed through its subsidiary, Exide Energy Solutions. The facility is part of India’s broader push for self-sufficiency in clean energy components under the Production-Linked Incentive (PLI) scheme for ACC manufacturing.
According to the company, the plant’s construction, equipment installation, and initial production line commissioning are progressing as planned. The first phase of operations is expected to have new cell production lines, advanced systems for processing electrodes, and a complete quality-control setup to ensure it meets global performance and safety standards.
Once operational, the gigafactory is projected to significantly reduce India’s reliance on imported lithium-ion cells—an essential component for EVs, grid-scale storage, and portable electronics. Exide’s lithium-ion strategy focuses on NMC and LFP chemistries, enabling a wide range of applications from electric two-wheelers and three-wheelers to large-scale renewable energy storage.
Exide Industries continues to strengthen its technological capabilities through collaborations, internal R&D expansion, and ecosystem-level partnerships with downstream OEMs. The company emphasized that timely execution of the gigafactory will position Exide as a key contributor to India’s clean mobility transition and rapidly growing battery storage market.
With EV adoption accelerating and solar and wind installations increasing nationwide, Exide’s upcoming lithium-ion manufacturing hub is set to play a pivotal role in supporting India’s long-term sustainability goals and industrial competitiveness in the global battery sector.
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