Eveready establishes a ₹200 crore battery manufacturing facility in Jammu to enhance local output.

Eveready Industries India Ltd announced on Wednesday, April 22, the launch of its alkaline battery manufacturing plant in Jammu. This new facility, which was inaugurated by the Lieutenant Governor of Jammu and Kashmir, Manoj Sinha, has been established with an investment of approximately ₹200 crore.

The plant boasts an annual capacity of 456 million units, with a peak output of around 360 million alkaline batteries. According to the company, this facility will help fulfill the increasing demand for high-performance batteries, lessen reliance on imports, and enhance supply chain resilience, in addition to improving profit margins.

Anirban Banerjee, the CEO, stated that the commissioning of this plant marks a crucial milestone for both the company and India’s evolving energy sector, as the demand for high-performance, power-intensive devices grows. He emphasized that the facility will align with the company’s commitment to creating future-ready, premium energy solutions while supporting the nation’s self-reliance in manufacturing.

Eveready mentioned that this new unit will cater to both domestic and export markets, including options for white labelling, as they aim to increase their presence in the premium alkaline sector. The company is also looking to widen its global reach in response to the growing demand for advanced power solutions.

This project is anticipated to create over 500 direct and indirect jobs in the region when operating at full capacity, thus contributing to local economic development. The facility aligns with the company’s strategy of innovation and premiumization while supporting India’s ‘Atmanirbhar Bharat’ initiative.

Shares of Eveready Industries India Ltd closed higher on Wednesday, April 22, up by 7.34% at ₹339.90 on the NSE.