Commissions India’s Only Operating Alkaline Battery Facility - Eveready Industries India Ltd
Code BSE: 531508 NSE:
EVEREADY
Eveready Commissions India’s Only Operating Alkaline Battery Facility in Jammu
Eveready’s new manufacturing plant, set up with an investment of approximately Rs 200 crore, boasts of a robust annual peak production capacity of approximately 360 million alkaline batteries with an annual installed capacity of 456 million. Marking a significant scale-up in the industry’s production capabilities, Eveready’s Jammu facility will give an impetus to India’s domestic manufacturing while catering to the country’s growing demand for high-performance power solutions. Further, the plant will help reduce India’s import dependence, enhance supply chain resilience, and improve margin efficiencies. In addition to this, the facility will help Eveready expand business through white labelling and serve domestic and various international markets. This initiative reinforces Eveready’s ambition to emerge as a global player in the alkaline battery segment.