“Exports are currently at about 5 to 6 per cent of the business, compared with around 8 per cent a few quarters ago. ADVERTISEMENT“In Europe, we have found a new partner with whom we have an exclusive arrangement, which we may make public very soon. Roy later told reporters that the company is expecting incremental export revenue of about ₹400–500 crore. He added that lower import duties are expected to lift demand for luxury vehicles in India, which should, in turn, support higher demand for premium replacement batteries. Exide expects its topline to reach ₹20,000 crore over the next three years and scale up to ₹25,000 crore by 2030, driven by the full play-out of its lithium-ion battery business.

Source: The Telegraph February 03, 2026 23:52 UTC