en.Wedoany.com Reported - Eveready Industries India Limited has launched an alkaline battery factory in Jammu, India, which is the only operating facility of its kind in the country. The factory was inaugurated by the Lieutenant Governor of Jammu and Kashmir, Manoj Sinha, and witnessed by the company's promoter and non-executive director, Mohit Burman.

The factory represents an investment of approximately 2 billion rupees, with an annual peak production capacity of approximately 360 million alkaline batteries and a total installed capacity of 456 million units. This facility aims to meet India's strong demand for high-performance power solutions while boosting domestic manufacturing, reducing import dependence, and enhancing supply chain resilience. Manoj Sinha stated, "This investment will create jobs, promote ancillary industries, provide opportunities for youth and women, and contribute to regional economic growth."

Eveready CEO Anirban Banerjee emphasized, "This factory is a significant milestone for both the company and India's energy sector. Consumer demand for high-power devices has driven us to enhance our battery technology. The facility also reflects the company's commitment to producing high-quality, durable energy solutions and supports India's vision of self-reliance." With the market share of alkaline products approaching 20%, the company plans to consolidate its market position through innovation and localized manufacturing.

Executive Director and CFO Bibek Agarwala added, "This project demonstrates the company's commitment to 'Make in India'. It will enhance economies of scale efficiency, reduce import dependence, and capitalize on the growing demand for alkaline batteries."

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