Exide Industries is planning further investment in its lithium-ion manufacturing capacity in Bengaluru. Multiple reports say the company will invest roughly ₹1,400 crore for the first phase of a lithium-ion cell plant, with one outlet also mentioning a total investment figure of ₹3,000 crore for the broader project. The company’s current planned spend is described as being made within the fiscal year in which phase-1 is executed, including an update that it will be funded during FY27. The reports indicate the plant is part of Exide’s effort to expand lithium-ion production, specifically focusing on cell manufacturing.
Business Line says the Bengaluru facility is expected to begin generating revenue from the third quarter, aligning the project’s operational timeline with a later stage in the fiscal period. The sources do not provide additional operational details such as capacity, technology specifics, or contract customers. Overall, the coverage converges on the planned scale of investment for phase-1 and the expected timeframe for revenue generation.
