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You are here: Home > General > Corporate Overview > History
Company History
1916 Chloride Electrical Storage Co. (CESCO), UK, set up trading operations in India as an import house.
1946 First factory set up in Shamnagar, West Bengal.
1947 Two Indian Companies were formed : Associated Battery Makers (Eastern) Ltd. – ABMEL took over the manufacturing operations.
1960 ABMEL became a listed public limited company.
1969 Second Factory set up in Chinchwad, Pune.
1972 ABMEL’s name changed to Chloride India Limited.
1976 R&D Centre established in Kolkata.
1981 Third factory set up in Haldia, West Bengal.
1988 Chloride India Limited was renamed as Chloride Industries Limited.
1992 First Submarine batteries delivered to the Indian Navy.
1994 Technical collaboration with Shin Kobe Electric Machinery Co. Ltd. of Japan, a subsidiary of the Hitachi Group.
1995 Chloride Industries Ltd renamed Exide Industries Limited. (EIL)
1997 Fourth factory set up at Hosur, Tamil Nadu.
1998 Exide acquires the Industrial Operations of Standard Batteries Ltd as a going concern, thereby adding four more factories, taking the total number of factories to eight.
1999 Foundation stone for 9th factory laid at Bawal, Haryana.
2000 Acquisition of 100% stake in Chloride Batteries South East Asia Pte Ltd., (CBSEA), Singapore & 49% in Associated battery Manufacturers, Ceylon, (ABMEL), Sri Lanka.
2000 Implementation of SAP Enterprise Resource Planning integrating Corporate Office, Nine Factories, R&D Centre and More than 30 Sales Offices across India.
2001 Launch of autoexide.com, a full fledged auto portal.
2003 Commissioning of Eighth factory at Bawal, Haryana
New JV company in UK- ESPEX Batteries Ltd formed with 51% EIL holding.
Strategic Alliance with IBG in Netherlands for Marketing in Europe
2004 Launch of exidereachout.com, a CRM initiative for Exide Automotive Trade.