Founded in 1947, Exide Industries Limited is one of India’s largest manufacturers of storage batteries. Its products are available in 46 countries around the world.
The company’s mission is to Power the World Forward. It has a history and scale that allow it to offer efficient solutions across sectors like automotive, telecom, manufacturing, and industrial power.
How to get a dealership?
Exide battery is one of the world’s leading manufacturers of lead-acid batteries. It has manufacturing plants in India and Sri Lanka, as well as a dealership network in 46 countries across five continents. The company is headquartered in Kolkata and serves both industrial and automotive batteries.
The company’s product line includes automotive batteries, industrial batteries, inverter batteries, solar solutions, Genset batteries, submarine batteries, home UPS batteries, and electric vehicle batteries. It has also partnered with Leclanche, a Switzerland-based battery manufacturer, to offer lithium-ion batteries.
Founded in 1947, Exide has grown to become the leading producer of industrial and automotive batteries in India and the fourth largest battery maker in the world. The company is based in Kolkata but operates plants in India and Sri Lanka, as well.
For over six decades, Exide has been among India’s most reliable brands, enjoying an unrivalled reputation and recall. Its current portfolio consists of nine factories strategically situated around India, out of which 7 factories are dedicated to batteries and 2 factories manufacture home UPS systems.
Its extensive product range caters to both domestic and commercial needs, and its focus on innovation, service assistance, consumer-friendliness, and reliability has helped it build a strong brand image in the country. As a result, the brand has a reputation for being dependable, durable, and easy to maintain.
In addition, the company has a wide customer network and is known for its high quality products and competitive prices. Moreover, its products are compatible with Indian climate and consumer requirements.
A dealership of Exide is a great business opportunity for people who want to start their own business. The company offers a variety of ways to get started, from selling Exide batteries alongside other automobile-related products at your existing shop to opening an exclusive Exide Battery store in your locality.
The first step is to contact the territory sales manager or you can fill out an application form on their website. Once you have done this, they will contact you and help you set up your dealership.
It is important to note that you will need to have a minimum of 400 sq ft of space for your store. In addition, you will need a good amount of funds to start the dealership. This amount will vary depending on the location of your dealership, the size of the store, and other factors.
Licenses and registrations required
If you want to open a battery dealership in India, there are many factors that need to be considered. These include licensing, legal and quality regulation requirements, equipment needs, employee training, marketing strategy, company growth plans, and more.
Exide battery dealer specializes in a wide range of storage batteries for industrial, commercial, and home applications. Its products include automotive batteries, industrial batteries, inverter batteries, solar solutions, Genset batteries, submarine batteries, and home UPS batteries.
The company has plants in India and Sri Lanka and a dealership network in 46 countries around the world. It produces over 8 million units of automobile and industrial batteries annually.
Its products have earned a reputation for quality, performance, and reliability. The company aims to manufacture high-end batteries that meet the highest quality standards and are suited for various application environments.
To operate a battery dealership in the state of California, you need to register with the California Department of Tax and Fee Administration (CDTFA). You also have to pay the manufacturer battery fee to CDTFA if your business makes retail sales of lead-acid batteries to purchasers in California.
A battery business is a lucrative venture. The batteries are used in a number of industries and are in high demand. Batteries can be rechargeable or non-rechargeable and are in constant demand for both domestic and industrial use.
The battery market is expected to grow at a compound annual growth rate of about 6% between 2012 and 2018. It’s a great time to start a battery business in India because of the high demand for batteries in all industry verticals.
You can get an Exide battery dealer license by contacting your territory sales officer and submitting a query form. He will guide you through the process of establishing your dealership.
To earn good profits in this business, you have to achieve specific sales targets. In addition to this, the company also offers bonuses & schemes.
If you have a strong customer base and make enough sales, the profit margins can be as high as 20% to 25%. However, the amount you can expect to make will depend on how much you invest and the product types you sell.
Profits and margins
The profits and margins of an exide battery dealer are directly proportional to the amount of batteries sold. In addition, the company offers different incentives to its dealers who meet their sales targets.
The profit margins of an exide battery dealer can be as high as 30%. This is because the company provides a wide range of incentives to its dealerships, including bonuses and special offers.
In addition, you can also make money from a battery-leasing program. A successful battery-leasing program could add more than $1,000 in revenue per vehicle over a five-year lease term.
Another profitable idea is to offer a battery-replacement service. This could help customers who do not want to invest in a new EV and who have degrading battery packs.
This type of business requires a large investment, but you can make it work for you by partnering with a reputable battery supplier. It is better to go with a brand that has a strong presence in your region and is well known for its products.
Moreover, it is easier to sell branded batteries since consumers know their quality and performance. In addition, these companies have a reputation for being reliable and trustworthy.
As the demand for EVs rises, it will also increase the demand for batteries. This is because many people are shifting to electric vehicles due to their low running costs. This will give companies like Exide Industries and Amara Raja Batteries a lot of opportunity to grow their sales.
In the first quarter of 2019, both companies reported a growth in their revenues, which was attributed to the robust demand from the automobile sector. The two companies manufacture batteries for the automotive, renewable energy, railways, telecom and power sectors.
However, profit margins have been under pressure in the replacement market, mainly due to higher commodity prices. Raw material costs accounted for two-thirds of the cost to produce batteries.
For the September quarter, Exide reported a 14.1% Ebitda margin, which was up from 12.2% in the year-ago period. This was mainly because of benign lead prices that helped offset the negative impact on operating leverage.
Business model
An exide battery dealer in coimbatore is a business that specializes in selling batteries to consumers. The battery dealership business is a lucrative option for entrepreneurs as it can earn high profits. It is also an excellent way to make money from the booming energy storage market.
To start a battery business, you need to have sufficient capital. You can use your own funds or get loans from banks. The amount of capital you need depends on the type of business you want to start. For example, if you want to sell automotive batteries, you need more capital than if you want to sell industrial batteries.
You can also start a business with the help of an existing company. For example, you can partner with Luminous, okaya, or another battery brand to sell its products. This will help you gain access to their network and distribution system while giving you a leg up on the competition.
In addition to being an excellent source of revenue, a battery dealership is also a great way to connect with customers. This can be done through social media marketing, direct sales, and other promotional efforts.
Several companies offer battery dealers the chance to participate in exclusive promotions that will help them boost sales and gain new customers. These promotions may include discounts, cash rewards, and other incentives.
The Exide Battery company is one of the most well-known names in the battery industry. It is a multinational company that manufactures batteries for automobiles, industrial uses, and more.
Its extensive product line includes automotive batteries, industrial batteries, inverter batteries, solar solutions, Genset batteries, submarine batteries, and home UPS systems. It also produces lithium-ion batteries for electric vehicles.
The company is a leader in the battery industry and is known for its superior product range. Exide’s batteries can withstand vibrations, heavy workloads, and extreme temperatures. Its automotive batteries are also highly durable and come with a long warranty period.
