The battery industry in India that comprises automobile, sealed maintenance free (SMF), tubular and lead acid batteries, has been registering an annual growth rate of 25 per cent year on year. While China still remains the world’s largest battery market, India is expected to register the strongest growth in sales by 2014. Demand for Indian batteries from importers worldwide has increased and to meet this, Indian manufacturers are also gearing up. The main sectors in which demand is expected to grow in 2012 are solar, telecom, automation and power conditioning.
Recognising the growth being witnessed by the battery industry, Electronics Bazaar has decided to rank the Top 12 Battery Manufacturers on the basis of their revenues for the FY 2010-11, which was verified from the website of the Ministry of Corporate Affairs (MCA), Government of India.
Some major companies could not be included in the ranking as they declined to share their revenue figures with us, nor could their balance sheets be accessed on the MCA website. We did not include companies who are exclusively/extensively into manufacturing automotive batteries.
While this survey is by no means comprehensive, it does provide a glimpse into many of India’s key battery manufacturers.
| Rank | Company name |
| 1 | Exide Industries Ltd |
| 2 | Amara Raja Batteries Ltd |
| 3 | Luminous Power Technologies Pvt Ltd |
| 4 | HBL Power Systems Ltd |
| 5 | Su-Kam Power Systems Ltd |
| 6 | Base Corporation Ltd |
| 7 | Okaya Power Ltd |
| 8 | Southern Batteries Pvt Ltd |
| 9 | True Power International Ltd |
| 10 | Evolute Solutions Pvt Ltd |
| 11 | Greenvision Technologies Pvt Ltd |
| 12 | Artheon Electronics Ltd |
Disclaimer: While the Electronics Bazaar editorial team has taken utmost care to contact all possible sources to make the list comprehensive, we may have inadvertently left out a few companies from this list.
Exide Industries Ltd
Annual Revenue (2010-11) Rs 55,581.1 million
Exide Industries Ltd manufactures the widest range of storage batteries in India from a capacity of 2.5 Ah to 20,400 Ah, covering the broadest spectrum of applications. It has seven factories strategically located across the country—three in Maharashtra, two in West Bengal, one in Tamil nadu and one in Haryana.
The company started out by manufacturing storage batteries and has grown to become one of the largest manufacturers and exporters of batteries in the subcontinent today. It has since grown steadily, modernised its manufacturing processes and taken bold initiatives on the service front. Constant innovations have not only helped the company to produce the world’s largest range of industrial batteries but also to cover various technology configurations. The company designs and manufactures industrial, automotive and high end submarine batteries.
Contact Details : 6A, Hatibagan Road, Entally, Kolkata 700 014, Ph: 033 2286 6158/6159
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Amara Raja Batteries Ltd
Annual Revenue (2010-11) Rs 20,765 million
Amara Raja Batteries Ltd (ARBL), in collaboration with Johnson Controls Inc, USA, is the largest manufacturer of standby valve regulated lead acid (VRLA) batteries in the Indian Ocean Rim region. The company has its fully integrated world class manufacturing facility in the holy city of Tirupati, AP. Amara Raja is a leading manufacturer of automotive batteries that it markets under the brands Amaron and Tribal, which are distributed through a vast pan India sales and service network. ARBL has reached a position of leadership in a short span of time with its innovative engineering, research and design, all of which enable it to deliver customer focused products targeting the end users’ actual requirements. ARBL pioneered the amazingly long lasting Amaron maintenance free batteries in India. The company is a preferred supplier to major telecom service providers, telecom equipment manufacturers, the UPS sector (OEM and replacement), the Indian Railways, and also caters to the power, oil and natural gas and other industry segments.
Contact details: 5th Floor, Astra Towers, 12P, Kondapur, Hi-tech City, Hyderabad 500038; Ph: +91(040) 23683000; Fax: +91(040) 23118219;
(Profile as per company website)
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Luminous Power Technologies Pvt Ltd
Annual Revenue (2010-11) Rs 10,301 million*
*Multiproduct Co.
Founded in 1988, Luminous is a leading company delivering high quality power products for home and commercial applications. The company’s group portfolio includes power backup, industrial batteries, renewable and alternate energy solutions like solar, wind and hybrid applications, infrastructure solutions for IT and telecom, diesels generator sets and home electrical products.
Apart from its dominating position in the domestic market, Luminous has a strong foothold worldwide. It has been consistently winning awards and accolades for market leadership and product reliability. With over 3000 employees, eight manufacturing units in India and one manufacturing unit in China, 28 sales offices and more than 32000 channel partners, it is strongly moving towards realising its vision to be a globally admired corporation in the field of packaged power, distributed power generation, energy optimisation and home electrical products.
Contact details: C8 and C9, Community Centre, Behind Janak Cinema Complex, Janakpuri, New Delhi 110058; Ph: +91 11 40778222/ 221; Fax: + 91 11 25558912; [email protected]; www.luminousindia.com
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HBL Power Systems Ltd
Annual Revenue (2010-11) Rs 9949.5 million*
Established in 1977, HBL Power Systems Ltd is a listed Indian company with focus on engineered products and services. Its initial business strategy was to identify those technology gaps in the Indian market that the company could fill by ‘indigenous efforts’. The first products selected and successfully developed by the company were aircraft batteries, eventually leading to HBL offering the world’s widest range of specialised batteries. Its expertise in batteries generated opportunities to diversify. The company subsequently moved into new businesses and markets such as industrial electronics, defence electronics and railway electronic signalling. Recent diversifications that leverage the company’s engineering strengths include precision manufacturing, small AC and DC motors, spun reinforced concrete and green technology products.
Contact details: No 8-2-601, Road No.10, Banjara Hills, Hyderabad 500034, Ph: +91 40 23355575/+91 40 23355085; Fax: +91 40 23355048;
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(Profile as per company website)
Su-Kam Power Systems Ltd
Annual Revenue (2010-11) Rs 6181.6 million*
Su-Kam Power Systems Ltd is India’s most admired power solutions provider, with a growing presence across India and over 70 countries worldwide. A truly knowledge driven company with innovation at its heart, Su-Kam develops intelligent power backup solutions, engineered to be energy efficient and thus reduce the user’s carbon footprint. In the competitive industry of power backup solutions, it has retained its position of leadership for years. It synergises its expertise in manufacturing traditional power backup systems with its focus on R&D to continuously develop new products. It has seven state of the art manufacturing facilities distributed across three locations—Baddi in Himachal Pradesh, Nepal and Gurgaon. All its manufacturing facilities are certified under OHAS–18001 for operational health and safety. Its world class manufacturing infrastructure is equipped with automatic conveyor lines and automatic testing systems for the enhanced reliability of products. It manufactures a whole gamut of products like inverters, transformers, batteries, OLU, solar products, etc, with a clear focus on improving productivity, quality and reducing wastage in every sphere.
Contact details: Plot No. 54, Udyog Vihar, Phase VI, Sector-37, Gurgaon 122001; Ph: +91 124-4030700, 4170500, Fax: +91 124 4038700/1; www.su-kam.com
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(Profile as per company website)
Base Corporation Ltd
Annual Revenue (2010-11) Rs 6118.5 million*
*Multiproduct Co.
Base was founded in 1987 with the aim of becoming an active partner in the development of the power industry, while using the latest technology. In keeping with its aim, the company ushered in the latest technology by becoming the exclusive distributor for the Panasonic brand of batteries in India. The company launched its own brand Base Terminal in 2002. The company also introduced several game changing initiatives like the ‘Dial-a-Battery’ service’ in 2003. It has been responsible for many firsts in the Indian battery market like introducing VRLA technology. Its manufacturing facility at Solan, HP, is geared to give its customers only the best in the category. It is equipped with the latest technology from USA, Taiwan, Korea, China, Germany, France, Turkey and other European countries in order to make some of the most efficient products in the industry today. It has a highly experienced team of professionals working at 27 branches across the country, along with a network of 7000 dealers.
Contact details: Sangeeta Towers, No 3, 80 Feet Road, Indira Nagar, Stage I, Near CMH Hospital, Bengaluru 560038; Ph: 91 080 41635909, 40621900; Fax: 91 080 41104555; [email protected]
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Okaya Power Ltd
Annual Revenue (2010-11) Rs 4701.2 million
Okaya is one of the fastest growing battery brands in India with an installation base of more than 5 million batteries. It has a nationwide network of more than 32,000 dealers, 470 distributors, 27 branch offices, 210 customer care centres and seven manufacturing plants. It is one of the most preferred choices of millions of Indians, who have been using Okaya batteries in their inverters and UPS systems for many years. Okaya batteries ensure full capacity, long life and trouble free performance. The company always focuses on the actual requirements of its customers and develops custom made products and services. It is backed by a highly focused research and development group that aims to achieve the world’s best standards in developing rugged batteries for inverter and UPS applications, apart from other mission critical industrial applications. The company is equipped with the latest sophisticated equipment, which are run by a highly qualified and experienced team of professionals who have been continuously developing new products to meet customer requirements.
Contact details: 1st Floor, D-7, Udyog Nagar, Rohtak Road, New Delhi 110041; Ph: +91 11 46472010, Fax: +91 11 45112390; [email protected]; www.okayapower.com
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(Profile as per company website)
Southern Batteries Pvt Ltd
Annual Revenue (2010-11) Rs 1410.2 million
Incorporated in 1980, Southern Batteries is engaged in the manufacture of tubular, inverter, SMF and automotive batteries that it markets under the brand name HI-POWER. The company has been certified for ISO-9001-2000, EMS-14001 and OHSAS 18001. Its massive expansion programme for the production of automotive batteries is under way. HI-POWER batteries have been approved and certified by the Indian Railways for various applications like train lighting, air conditioning, cranking diesel locos, traction, EMUS signalling and telecommunications. HI-POWER tubular batteries are sourced by all major UPS and inverter manufacturers, as well as solar players across the country. The company is a major supplier to state electricity boards, the Nuclear Power Corporation, state and central government organisations and educational institutions. The company firmly believes that excellent product quality and services are the chief factors to rely on to face the competition over the long term.
Contact details: Unit II (HO), No 328, Bommasandra-Jigani link Road, Jigani Industrial Area, Anekal Taluk, Bengaluru 562106; Ph: 91 80 22010000 to 22010099, Fax: 91 80 27826633; www.southernbatteries.com
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True Power International Ltd
Annual Revenue (2010-11) Rs 397.9 million*
*Multiproduct Co.
Truepower is a leading manufacturing company in the field of power electronics (inverters and UPS systems) in India and abroad. Established in 1993, the company has always worked towards technology advancement through innovative ideas and a wide product range and has, thereby, established new benchmarks for the industry and is respected as a technology leader. Inverters and UPS systems manufactured by Truepower are widely acknowledged as the best in the industry. These products are manufactured in a state of the art production facility in Parwanoo, Himachal Pradesh, using the latest technologies and the best available components. The company’s extensive use of R&D, innovation and sophisticated technology is what helps it in delivering the best, making it a pioneer and a leading name in power electronics not only in India but also internationally.
Contact details: BG-135, Sanjay Gandhi Transport Nagar, Delhi 110 042; Ph: +91 11 2783 3603, 2783 3604; Fax: +91 11 2783 3606; [email protected]
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(Profile as per company website)
Evolute Solutions Pvt Ltd
Annual Revenue (2010-11) Rs 276.2 million*
*Multiproduct Co.
The Evolute group of companies, a multi-business Indian enterprise, is one of the fastest growing conglomerates in the world in the design, development, manufacturing and integration of electronic solutions. Evolute Solutions is a global provider of solutions to meet a varied set of electronics component and product needs. It provides specialised services and expertise in a wide range of engineered solutions to all customers, with a focus on innovation, creativity and knowledge creation. It manufactures industrial battery packs, chargers, adaptors, power supplies, embedded products, thermal printers, micro ATMs, and various electronic box build assemblies at its large manufacturing plants in Vasai near Mumbai and Kala Amb in Himachal Pradesh. It is engaged in providing a wide range of services and solutions in the areas of automation, communication networks, testing and measurement, power management and lighting systems, mobile telephony, security and defence, healthcare and medical electronics, consumer appliances, etc.
Contact details: B3, Unique House, Chakala Road, Andheri (E), Mumbai 400 099, Ph: +91 22 28263722; Telefax: +91 22 28263723
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(Profile as per company website)
Greenvision Technologies Pvt Ltd
Annual Revenue (2010-11) Rs 226.9 million*
*Multiproduct Co.
Headquartered in India, the company is founded and managed by a team of seasoned professionals with a deep understanding of the customer’s requirements and applications. The management team has wide and varied experience across functions like product design, R&D, sales and marketing, manufacturing, distribution and finance. Each individual brings to the table his own rich expertise, established relationships and networks within the industry to ensure that a Greenvision customer gets the best value for money from the firm’s energy storage solution. Under the Relicell brand, Greenvision offers an extensive range of SMF VRLA and tubular lead acid batteries for any standby power or deep cycle application. With an established distribution and service network across India, Relicell is poised to become one of the leading players in the energy storage segment in India. In line with the vision of being a world leader, Relicell has forayed into fast growing markets like Asia, the Middle East and Africa in the recent past to offer the complete Relicell range of products to potential customers.
Conatct details: 45/1, 4th Cross, Malleswaram, Bengaluru 560003; Mob: +91 97380 20930; Ph: +91 80 4245 9459; Fax: +91 80 4245 9460
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(Profile as per company website)
Artheon Electronics Ltd
Annual Revenue (2010-11) Rs 192 million
Artheon Electronics is one of the flagship companies of the Artheon Group and is engaged in manufacturing and distributing SMF-VRLA batteries. The company has a joint venture with North Star Battery Company LLC of USA. It has a state of the art manufacturing unit at Nasik along with a well equipped testing facility for SMF-VRLA batteries in the range of 1.3 Ah to 3000 Ah in 6 volts, 12 volts and 2 volts. These batteries are manufactured with the best available technology in the field, to work optimally in the Indian climatic conditions of very high and very low temperatures, high humidity, etc. These batteries are manufactured with the latest AGM technology with lead-calcium-tin alloy grids for high rated performance characteristics and increased life expectancy. The company has been supplying batteries directly to various government and private organisations, and PSUs, OEMs and through its all India distribution and sales channels. It also has a national service network.
Contact details: 201, Sumer Kandra, P B Marg, Worli, Mumbai 400018; Ph: +91 22 40963300, 24961528; [email protected]; www.artheonelec.com. Also at S-34, Okhla Industrial Area, Phase II, New Delhi 110020; Ph: +91 11 40516480; Fax: +91 11 40516479
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Other Leading players
Fusion Power Systems
Contact details: A-221, Street No. 7 Road No. 4, Mahipalpur Extn., Delhi 110037; Ph: 011 2678 2717, Mob: 9810190011
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Computech System
From a small trading company, Computech Systems have come a long way, having grown to a Rs 120 million firm. Founded by the late R C Aggarwal, the company is today one of the leading providers of state of the art technology products like SMF and gel batteries, and as a supplier to leading ebike manufacturers. Its efficient and prompt services team comprises 28 professionals, including three well qualified engineers and many more trained technicians. With rich industry experience and a desire to provide the best of a product at the most competitive price, supported by a total backup system, has inspired the company to launch its own product range under the brand ‘ipower’. Having built up an excellent infrastructure and enviable market share, the company is now looking forward to expanding at the national level and has already started to appoint dealers and service centres throughout India.
Contact details: G-2, Balram House, Karampura Commercial Complex, New Delhi—110015; Ph: 011 25920254/55/56; [email protected]; www.computechsystems.in
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By Richa Chakravarty
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