Kolkata, September 16: India’s leading storage battery manufacturer, Exide Industries Limited, has announced an agreement with Germany-based ExCom Energy Solutions GmbH. Under this agreement, ExCom will use its strengths and customer reach in the European Economic Area (EEA) to offer Exide India’s domestically manufactured advanced industrial battery solutions in the market. This would leverage ExCom’s established network and localized expertise to drive market penetration and brand visibility. Beyond this, ExCom will manage customer development, logistics, and comprehensive after-sales services, ensuring that European clients receive seamless technical support and maintenance.
For Exide, this agreement strengthens its overseas presence through a local partner that can navigate the complex regulatory and logistical landscape of the European market. With it, Exide aims to serve high-growth sectors like telecommunications, data centers, and renewable energy storage, where reliable energy solutions are in high demand.
“The European Economic Area represents a strategically important market for Exide India’s industrial energy storage business, with growing demand for dependable, efficient, and sustainable energy solutions. ExCom GmbH brings strong market access, deep application expertise, and proven local execution capabilities.
By combining these strengths with Exide India’s manufacturing scale, diversified product portfolio, and technological expertise, we aim to create long-term value for customers across the EEA and accelerate the growth of our industrial battery business in the region.
Exide India and ExCom GmbH expect to venture into advanced chemistry solutions in the future, building on their strategic cooperation and complementary capabilities in industrial energy storage,” Mr. Avik Roy, Managing Director & Chief Executive Officer, Exide Industries Limited, said in a press release.
“Exide India has built an outstanding reputation for quality, reliability, and technological excellence over several decades. This agreement establishes a strong platform for serving customers across the European Economic Area with competitive and application-specific energy solutions.
This partnership reflects our shared ambition to establish a strong and enduring presence in the EEA industrial energy storage market and to support customers throughout the entire battery lifecycle, from product selection and system design to installation, operation, maintenance, and service.” Mr. Holger Aschke, Managing Director, ExCom Energy Solutions GmbH, added.
