Exide Industries, that enjoyed a 76 per cent market share in automotive batteries, will increase exports from its Sri Lankan subsidiary to India by 15 to 20 per cent this fiscal to take advantage of tax benefits in trade among South Asian Association for Regional Cooperation(SAARC) countries.

Exide subsidiary Associated Battery Manufacturers (Ceylon) shipped around 88,000 batteries to India during 2007-08. The ABML facility was upgraded earlier during the fiscal that resulted in the rise in exports as well as local sales.

The batteries will be introduced in June this year. Tests were also in progress for a maintenance free version of a flat plate inverter battery which was scheduled to be introduced later during this year.

We import the batteries from ABML to service the small and medium buyers in India, informed P K Kataky, director, automotive, Exide Industries.

This apart, the company would start delivering batteries for the Tata Nano from its facility at the vendor park area of the Singur factory in a year's time.

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