Exide Industries, one of India’s leading energy storage and battery technology companies, has confirmed that its lithium-ion cell manufacturing project remains on schedule for completion by the end of FY26. The company, actively expanding its advanced chemistry cell (ACC) capabilities, aims to strengthen its position as a top domestic supplier for electric vehicles, renewable energy storage systems, telecom, and industrial applications.
The announcement comes alongside ongoing development of a state-of-the-art lithium-ion cell gigafactory in Karnataka, being executed through its subsidiary, Exide Energy Solutions. This facility aligns with India’s broader push for self-reliance in clean energy components under the Production-Linked Incentive (PLI) scheme for ACC manufacturing.
According to the company, construction, equipment installation, and initial commissioning of production lines are progressing as planned. The first phase will feature new cell production lines, advanced electrode processing systems, and a comprehensive quality-control setup to ensure global performance and safety standards are met.
Once operational, the gigafactory is expected to substantially reduce India’s dependence on imported lithium-ion cells, a critical component for EVs, grid-scale storage, and portable electronics. Exide’s lithium-ion strategy includes NMC and LFP chemistries, supporting applications ranging from electric two-wheelers and three-wheelers to large-scale renewable energy storage systems.
Exide Industries continues to enhance its technological capabilities through collaborations, expanded internal R&D, and ecosystem partnerships with downstream OEMs. The company highlighted that the timely execution of the gigafactory will establish Exide as a key contributor to India’s clean mobility transition and its rapidly growing battery storage market.
With accelerating EV adoption and increasing solar and wind energy installations across the country, Exide’s upcoming lithium-ion manufacturing hub is poised to play a crucial role in advancing India’s long-term sustainability objectives and enhancing industrial competitiveness in the global battery sector.
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