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

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