Exide joins hands with Japan firm

Tags: News
Kolkata-headquartered Exide Industries, manufacturers of automotive and other lead acid batteries, has now entered in an additional technical licence and assistance agreement with Japan’s Shin-Kobe Electric Machinery (Shin-Kobe), a wholly-owned subsidiary of Hitachi Chemical to implement new manufacturing processes for automotive batteries.

At present, Exide has seven battery manufacturing facilities in India, which excludes two home UPS manufacturing facilities. Apart from the Indian market the company also exports to Europe, South and Southeast Asia and other overseas markets either directly or through its subsidiaries. While Exide makes batteries for automotive, telecommunications, traction, UPS, naval, and motive power markets, Shin-Kobe is also a leading manufacturer of automotive and industrial batteries.

Top Exide officials said on Tuesday that under the agreement, Shin-Kobe will provide technology and extensive technical support and assistance to enable the former to manufacture quality automotive batteries in its various plants in India. This new technology would enable Exide not only to manufacture superior quality batteries but is also expected to result in substantial cost reduction.

ritwikmukherjee@mydigitalfc.com

EDITORIAL OF THE DAY

  • India’s political space acts as a safety valve for maverick politicians and frustrated electorate

    While it is easy to be cynical about Indian democracy and its ways, the fact is that the vast political space that the system provides for in this cou

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Taslima Nasreen

Bangladesh no country for atheists

It’s a matter of pride to be a freethinker, atheist ...

Purnendu Ghosh

Silence makes you aware of yourself

Often, we don’t feel the necessity of making contact with ...

Shona Adhikari

Artistic focus on women's empowerment

The focus on the girl child remains an important one ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture