{"id":74404,"date":"2025-11-17T19:46:04","date_gmt":"2025-11-17T14:16:04","guid":{"rendered":""},"modified":"2025-11-17T19:46:04","modified_gmt":"2025-11-17T14:16:04","slug":"exide-industries-aims-to-start-production-at-lithium-cell-facility-by-fy-39-26-end","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=74404","title":{"rendered":"Exide Industries aims to start production at lithium cell facility by FY&#39;26-end"},"content":{"rendered":"<p>Exide Industries aims to start production at lithium cell facility by FY&#39;26-end<BR>GST<BR>Dated:- 17-11-2025<BR>PTI<BR>Kolkata, Nov 17 (PTI) Exide Industries on Monday said it is aiming to commence production at its lithium-ion cell facility by the end of FY&#39;26, with equipment installation and commissioning in the final stages.<br \/>\nThe company also said it is in advanced talks with large two-wheeler original equipment manufacturers (OEMs) for such batteries, and two of them are likely to become its initial customers.<br \/>\nSpeaking at its latest post-earnings analysts&#39; call, the management said the first production will be an &#8220;NCM-based cylindrical cell line&#8221; primarily aimed at two-wheeler applications.<br \/>\nThe next one to go live will be a prismatic <\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=61892\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p> uncertainties and easier quality control for OEMs.<br \/>\nThe proposed 12 GWh Phase-II expansion will be taken up once there is greater clarity on market adoption, especially in stationary storage.<br \/>\nThe Kolkata-headquartered company said it passed on the GST benefit to consumers and has not taken any further price corrections since.<br \/>\nThe Goods and Services Tax (GST) rate on batteries was cut from 28 to 18 per cent, effective September 22.<br \/>\nDespite softer Q2 (July-September) sales and profitability, the production curbs helped reduce inventory and unlocked over Rs 500 crore through better working capital control.<br \/>\nInverter and solar batteries were among the worst hit; solar revenue growth plunged from 35 per cent in Q1 (April-June) to minus 5 per<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=61892\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exide Industries aims to start production at lithium cell facility by FY&#8217;26-endGSTDated:- 17-11-2025PTIKolkata, Nov 17 (PTI) Exide Industries on Monday said it is aiming to commence production at its lithium-ion cell facility by the end of FY&#8217;26, with equ<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-74404","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/74404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74404"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/74404\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}