Eveready Industries Inaugurates Alkaline Battery Facility in Jammu, Boosting Domestic Manufacturing

Eveready Industries Inaugurates Alkaline Battery Facility in Jammu, Boosting Domestic Manufacturing

Eveready Industries Inaugurates Alkaline Battery Facility in Jammu, Boosting Domestic Manufacturing​

Jammu/Kolkata, April 22, 2026: Eveready Industries India Limited, a leader in the dry cell battery segment with over 52% market share, announced the inauguration of India's only operating alkaline battery facility in Jammu. The state-of-the-art facility, unveiled in the presence of the Lieutenant Governor (LG) of the Union Territory of Jammu and Kashmir, Shri Manoj Sinha, marks a significant boost to the company's domestic manufacturing efforts and supports the 'Make in India' vision.

The new manufacturing plant is the result of an approximate investment of ₹ 200 crore. The facility is set to significantly enhance India's power solution capabilities, targeting the country's rising demand for high-performance alkaline batteries across both Indian and global markets.

Key details of the expanded capacity include:

MetricValue
InvestmentApproximately ₹ 200 crore
Annual Installed Capacity456 million alkaline batteries
Annual Peak Production CapacityApproximately 360 million alkaline batteries

The Jammu facility is positioned to help reduce India's import dependence and improve margin efficiencies, thereby bolstering supply chain resilience. The company stated that the unit will also enable expansion through white labelling, serving both domestic and various international markets.

Speaking at the occasion, Shri Manoj Sinha, LG of the Union Territory of Jammu and Kashmir, highlighted the facility's economic impact. He noted that with the ₹ 200 Crore investment, the plant will create local jobs, boost ancillary units, and contribute to the economic growth of J&K.

In addition to the market uplift, the facility contributes to India's 'Atmanirbhar Bharat' vision in the energy solutions category by generating an estimated over 500 direct and indirect employment opportunities at full scale in the Jammu region.

Leadership emphasized the strategic necessity of the expansion for the rapidly evolving energy landscape. Anirban Banerjee, CEO, Eveready Industries India Limited, remarked that the commissioning of the facility is a milestone for the nation's energy sector. He added that as consumer demand shifts towards high-performance, power-intensive devices, the need for advanced battery technologies has grown considerably.

Bibek Agarwala, Executive Director & Chief Financial Officer, noted that the project strengthens the company's commitment to value creation and the 'Make in India' initiative. He explained that benefiting from economies of scale will reduce import reliance and improve operational efficiency, allowing the company to leverage the increasing demand in the alkaline space while focusing on premiumization.

The facility incorporates strong commitments to safety and environmental stewardship. The unit is equipped with a 1 MW rooftop solar installation, providing an annual generation capacity of approximately 1.2 million units, a rainwater harvesting system with a capacity of 275 KLD, and is designed to operate on a zero-discharge basis.

Eveready Industries India Limited continues to expand its market presence by strengthening its premium portfolio, particularly within the alkaline battery segment, where the company aims to approach a 20% market share. The company, which operates six manufacturing units across India, maintains its focus on delivering premium, reliable, and high-performance power solutions, solidifying its leadership position in India's dry cell battery market.

EVEREADY Stock Price Movement​

Today, Eveready Industries India Limited shares edged higher to close at ₹339.90, marking a gain of 6.73% or ₹21.30. The stock saw significant investor interest throughout the session, recording a total volume of 705,233 shares.
 

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