Business Standard
Tuesday, Nov 24, 2009
 
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Smart Portfolios II
  Search:

Exide aims at bigger pie in rural market
Press Trust of India / Kolkata November 11, 2009, 19:46 IST

Exide Industries, the country's largest lead acid storage battery manufacturer, is aiming at a larger marketshare from the rural market by expanding the dealer network by another 30 per cent in the segment.

BSE | NSE
Price  
 
 
Related Stories
News Now
-ING Life launches new investment solution
-Exide Industries surges on Q2 net jump
-Exide may exit its Aussie associate co
-Recovery hopes in early results
-Exide Industries June qtr net up 49% at Rs 122 cr
-Exide net rises 9%

"Our company has 14 per cent marketshare in the organised tractor battery segment and the rest is controlled by unorganised manufacturers. We want to take this up to 25 per cent in another two years," Exide Auto rural business GM Mukul Kandwal said here today.

Exide was expecting to sell 2.5 lakh batteries for tractors in 2009-10 up from 1.7 lakh in 2008-09, Kandwal said on the sidelines of a seminar on rural marketing organised by CII.

The company’s turnover from tractor battery sales was Rs 100 crore annually, he said.

Exide has rolled out Project Kissan to reach out to farmers through dealers, who also take care of batteries sold.

"This year we are adding close to 800-900 dealers on a base of 2,800 dealers that we have in the rural areas," Khandwal said.

Arrow Other Stories     
- Sensex ends up 130pts
- FII-TO-FII: Union Bank traded at 3% premium
- Bihar govt issues legal notice to RIL
- No word from Tata on Singur land compensation: govt
- Insurance sector to see 10% growth in 5-6 year: IRDA
More  
  Read Business news in 
  Get financial advisory and solutions for your projects
  Holidays starting at a delightful EMI of Rs 3481
  Switch on and say hello to Monday morning !
  Your dream home can now be a reality.
  Visit Fortis for a preventive health check-up & get a 20% discount.
  Follow the ups and downs of your investments. Try our new Portfolio Tracker
  Kolkata Dock \ Freight contract for the British Gurkhas Nepal
  Find how Midsize Businesses use ERP to gain competitive advantage
  Trading in Forex is now as easy as 1-2-3
  Discover an economical and cost effective way to market your products and services
  Giftwithlove.com: Same day delivery of Flowers and Cakes to India
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
Share this Story  
 
 
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
Most Popular
Read
E-Mailed
Commented
   
- Infosys BPO chief quits; to join HDFC Standard Life
- Search for Tejas engine nears its end
- Sebi showcause back to haunt RIL
- Tea with BS: Amitabh Bachchan
- Mittal plans 6 mt plant in Karnataka
 
 More  
BS Poll
Cast Your Vote
 
   
 
Should educational institutions be allowed to approach the capital market?
  Yes  No
Submit

  Hot Searches  
 
Amitabh Bachchan | N Chandrasekaran | Swine Flu | Mukesh Ambani | Anil Ambani | TCS | Infosys |  Air India |  Duronto |  Pranab Mukherjee | Sonia Gandhi | Congress | Rahul Gandhi |  Bigg Boss |  New Pension Scheme |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Ramalinga Raju |  Satyam |  Reliance  |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  |  B-School | DLF  Sensex |  Tax calculator | Home Loan  | Bollywood | Personal Finance |  inflation | oil prices |  World Bank | Reliance Infratel |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us | Feedback