Exide Industries invests nearly $48 million in Exide Energy Solutions for EV battery expansion
The investment supports EESL's development of a greenfield manufacturing facility near Bengaluru and operational growth
Exide Industries Ltd. has announced a new capital investment of 4.5 billion rupees (approximately $48 million) in its wholly owned subsidiary, Exide Energy Solutions Ltd. (EESL), bringing its total financial commitment in the electric vehicle battery sector to 480.2 billion rupees.
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