EVEREADYNSEEveready Industries India Limited· Electrical EquipmentMediumPositive
Announced Wed, 22 Apr · 18:26 IST

Eveready Commissions India's Only Alkaline Battery Plant in Jammu with ₹200 Crore Investment

Greenfield CommissionedCapex & Operations View source PDF

EVEREADY · price

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AI summary

Eveready Industries inaugurated India's only operating alkaline battery facility in Jammu (Samba), set up with ~₹200 crore investment. The greenfield plant has an annual installed capacity of 456 million alkaline batteries (peak capacity ~360 million). It will create 500+ jobs, reduce import dependence, enable white labelling, and serve domestic and global markets. The facility includes 1 MW rooftop solar and zero-discharge operations. Eveready holds ~52% market share in dry cell batteries and is pushing toward 20%+ in the alkaline segment.

Likely market impact

New alkaline capacity drives premium segment growth, improves margins through import substitution, and supports long-term market share expansion.