Eternity Technologies is pleased to confirm the acquisition of the Vijayawada production facility previously operated by EnerSys India Batteries Private Limited.
This acquisition is a significant step in the company’s strategy to support India’s rapidly growing economy and the increasing need for sustainable energy solutions in the logistics, power, and energy storage sectors.
India’s logistics industry is seeing record growth, fuelled by the expansion of e-commerce, infrastructure development, and international trade. With businesses moving towards electrification—particularly in forklift trucks and material handling equipment—there is a rising demand for high-quality, environmentally sustainable battery solutions.
Eternity Technologies will invest heavily in modernising the Vijayawada facility, transforming it into a world-class manufacturing hub. These upgrades will improve operational efficiency, integrate cutting-edge technology, and ensure strict adherence to the highest environmental standards. The facility will also play a crucial role in meeting India’s increasing demand for highly reliable stationary batteries used in power stations and energy storage applications.
Mark Stevenson, CEO of Eternity Technologies, commented: “This acquisition is a key step in our global expansion strategy, strengthening our presence in India’s dynamic market. We are committed to providing cutting-edge battery solutions that support the country’s rapid shift towards electrification and sustainable energy. Our investment in the Vijayawada facility will enhance local production capabilities, ensuring we meet the evolving needs of both the logistics and energy sectors with high-quality, safe, and fully recyclable products.”
Eternity Technologies’ expansion into India is part of its wider commitment to advancing innovation, sustainability, and circular economy principles within the battery industry.