Exide Industries Ltd News Today

The funds raised will be for supporting the greenfield manufacturing facility in Bengaluru to produce advanced battery cells in EESL

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EESL manufactures and sells lithium-ion battery cells, modules, and packs for the Indian EV market and stationary applications.

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The move resonates with Exide's commitment towards sustainable energy solutions and its role in driving India's transition to electric mobility and renewable energy.

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These solutions are designed to service India's burgeoning EV sector as well as other stationary applications.

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