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Exide Industries inks settlement pact with Exide Technologies

Exide Industries has entered into a settlement agreement with the US-based Exide Technologies over the ownership of ‘Exide’ mark in India. The company was in discussion with the US based company — Exide Technologies — for an out-of-court settlement to amicably resolve the long standing dispute.

Exide Industries manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacities, covering the broadest spectrum of applications. It is India’s largest producer of automotive and industrial batteries, with seven manufacturing plants strategically located across the country.

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