Eveready Commissions India's Only Operating Alkaline Battery Facility in Jammu
Eveready Industries India Limited inaugurated India's only operating alkaline battery facility in Jammu, with an investment of approximately ₹200 crore. The plant has an annual installed capacity of 456 million batteries, boosting 'Make in India' ambitions and reducing import dependence. It aims to create over 500 local jobs.
The establishment of India's only operating alkaline battery facility, with a significant investment and production capacity, is a major strategic development for Eveready. It is expected to have a substantial impact on the company's market position, financial performance, and contribution to the 'Make in India' initiative.
The announcement details the commissioning of a new, significant manufacturing facility, representing a substantial investment and a strategic move to boost domestic production and market share. This is viewed positively for the company's growth and alignment with national initiatives.
Eveready Industries India Limited has announced the inauguration of India's only operating alkaline battery facility in Jammu by the Hon’ble Lieutenant Governor of Jammu and Kashmir, Shri. Manoj Sinha. This state-of-the-art greenfield facility represents an investment of approximately ₹200 crore and aligns with the company’s commitment to supporting the ‘Make in India’ vision.
The new manufacturing plant boasts an annual installed capacity of 456 million alkaline batteries, with a peak production capacity of 360 million. This significant scale-up is expected to boost domestic manufacturing, reduce India's import dependence, enhance supply chain resilience, and improve margin efficiencies. The facility will also enable Eveready to expand its business through white labelling and cater to both domestic and international markets, reinforcing its ambition to become a global player in the alkaline battery segment.
Shri Manoj Sinha highlighted that the plant will create local jobs, boost ancillary units, and generate opportunities for women and youth, contributing significantly to the economic growth of Jammu & Kashmir. The facility is designed to support the company’s expansion in the high-growth alkaline segment, driven by increasing adoption of high-drain devices. It is expected to generate over 500 direct and indirect employment opportunities in the Jammu region, aligning with India’s ‘Atmanirbhar Bharat’ vision.
Mr. Anirban Banerjee, CEO, Eveready Industries India Limited, stated that the commissioning marks a significant milestone for the country’s evolving energy landscape, meeting the growing demand for advanced battery technologies. Mr. Bibek Agarwala, Executive Director & CFO, added that the facility will help leverage economies of scale, reduce import dependence, and improve operational efficiency, emphasizing premiumization in the battery category.
The facility is designed with a strong commitment to safety, environmental stewardship, responsible resource utilization, energy efficiency, and sustainable manufacturing processes. It features a 1 MW rooftop solar installation, a rainwater harvesting system, and is designed for zero-discharge operation. Eveready aims to strengthen its presence in the premium battery segment, with its alkaline portfolio approaching 20% market share.
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