4/11/2018 Exide Industries Limited - About The Company

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Exide Industries Limited
Hati Bagan Road, Kolkata, West Bengal
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Exide Industries Limited

ABOUT THE COMPANY

1916 Chloride Electrical Storage Co. (CESCO), UK, set up trading operations in India as an import house.

1946 First factory set up in Shamnagar, West Bengal.

1947 Two Indian Companies were formed : Associated Battery Makers (Eastern) Ltd. – ABMEL took over the
manufacturing operations.

1960 ABMEL became a listed public limited company.

1969 Second Factory set up in Chinchwad, Pune.

1972 ABMEL’s name changed to Chloride India Limited.

1976 R&D Centre established in Kolkata.

1981 Third factory set up in Haldia, West Bengal.

1988 Chloride India Limited was renamed as Chloride Industries Limited.

1992 First Submarine batteries delivered to the Indian Navy.

1994 Technical collaboration with Shin Kobe Electric Machinery Co. Ltd. of Japan, a subsidiary of the Hitachi
Group.

1995 Chloride Industries Ltd renamed Exide Industries Limited. (EIL)

1997 Fourth factory set up at Hosur, Tamil Nadu.

1998 Exide acquires the Industrial Operations of Standard Batteries Ltd as a going concern, thereby adding
four more factories, taking the total number of factories to eight.

1999 Foundation stone for 9th factory laid at Bawal, Haryana.

2000 Acquisition of 100% stake in Chloride Batteries South East Asia Pte Ltd., (CBSEA), Singapore & 49% in
Associated battery Manufacturers, Ceylon, (ABMEL), Sri Lanka.

2000 Implementation of SAP Enterprise Resource Planning integrating Corporate Office, Nine Factories, R&D
Centre and More than 30 Sales Offices across India.

2001 Launch of autoexide.com, a full fledged auto portal.

2003 Commissioning of Eighth factory at Bawal, Haryana

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New JV company in UK- ESPEX Batteries Ltd formed with 51% EIL holding.
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Strategic Alliance with IBG in Netherlands for Marketing in Europe
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2004 Associated Battery Manufacturers (Ceylon) Limited, Sri Lanka became a subsidiary consequent to
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acquiring further 12.50% Equity holding.

2005 Investment in 50% shareholding of ING Vysya Life Insurance Company Limited.

2006 Launch of SAP-CRM in Industrial SBU.

2007 Launch of SAP-BW in Industrial SBU.

2007 Caldyne Automatics Ltd becomes 100% subsidiary consequent to acquiring the balance 49%
shareholding.

2007 Investment with 26% shareholding.in CEIL Motive Power Pty Ltd. A Joint Venture in Australia.

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2007 Acquired 100% stake in Tandon Metals Ltd.

2008 Acquired 51% stake in Lead Age Alloys India Ltd

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From :
Manas Kumar Sahoo
+91-8984427619
srmanas1986@gmail.com

REACH US

Exide Industries Limited Our Company

Exide House, No. 59E, Chowringhee Road 6A. Haribagan
Road, Entally, Kolkata-700014, Hati Bagan Road,
About Us
Kolkata-700020, West Bengal, India Products &
Services

Ronojoy Basu ( Deputy General Manager ) Sitemap

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