Milestones

Chloride Electrical Storage Co. (CESCO), UK set up trading operations in India as Import House

First factory established in Shamnagar, West Bengal

Second factory established in Chinchwad, Pune

R&D Centre established in Kolkata, West Bengal

Third factory established in Haldia, West Bengal

Exide becomes the first indigenous original equipment in a Maruti 800. Till then a Maruti car came with 100 per cent imported components.

Chloride Industries Ltd. renamed as 'Exide Industries Ltd.'

Fourth factory established in Hosur, Tamil Nadu

Takeover of the industrial undertakings of Standard Batteries Ltd. as a going concern

• Commissioning of plant at Bawal, Haryana
• New JV Company in UK - ESPEX formed with 51% EIL holding

Increased ABM Ceylon holding to 61%

• Increased shareholding to 100% in Chloride Power Systems & Solutions Limited
• 100% acquisition of Chloride Metals Limited

• 51% acquisition of Chloride Alloys India Limited
• Export plant set up in Haldia

• Increased shareholding to 100% in Chloride Alloys India Limited
• Ahmednagar facility for MC batteries commenced production

Acquisition of first home UPS manufacturing facility at Roorkee

• Acquisition of Second Home UPS manufacturing facility at Haridwar
• Espex Batteries, UK became Wholly-owned subsidiary

20 year legal battle with Exide Technologies comes to an end as the US company gives up its claim on the right to use the trade mark Exide in India in favour of Exide Industries Ltd.

• Exide enters the lithium-ion batteries industry through its Joint Venture with Leclanché SA
• Exide purchases assets of Tudor India Ltd. - a factory near Gandhinagar, Gujarat