Eternity Technologies acquires Indian battery hub

News Story
- 20 Feb 2025 ( #1218 ) - Dubai, United Arab Emirates
1 min read
Eternity Technologies acquires Indian battery site
Eternity Technologies acquires Indian battery site

Dubai-headquartered industrial battery maker Eternity Technologies has acquired the production facility of EnerSys India Batteries Private Limited in Vijayawada as it looks to strengthen its presence in the Indian market.

Eternity describes the acquisition as a “strategic investment…[in] India’s rapidly expanding economy and the increasing demand for sustainable energy solutions in logistics, power, and energy storage sectors”.

The company says the acquisition also aligns with its vision of driving innovation and sustainability across the global battery industry.

“India’s logistics industry is experiencing unprecedented growth, driven by the expansion of e-commerce, infrastructure development, and global trade,” Eternity Technologies states. “As companies transition towards electrification—particularly in forklift trucks and material handling equipment—there is a rising need for high-performance, environmentally-friendly battery solutions.”

The company will invest in the facility to upgrade it to what it describes as a state-of-the-art production hub which will support Indian demand for “stationary batteries for power stations and energy storage applications”.

Eternity Technologies CEO Mark Stevenson says this investment is a “key step” in the company’s expansion strategy.

“We are committed to providing cutting-edge battery solutions that support the country’s rapid shift towards electrification and sustainable energy,” Stevenson adds. “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.”

Electrovaya and Hangcha establish new sites
Electrovaya and Hangcha establish new sites 6 Nov 2025 - Ontario, Canada - 1 min read
Product Briefs
Product Briefs 30 Oct 2025 - 1 min read
Briefs
Briefs 25 Sep 2025 - 2 min read
Do you have materials handling news? Submit your news here
Inside The News
In this week’s Forkliftaction News , we report on Hyster-Yale laying off staff in the US amid what it describes as “challenging market conditions”... Continue reading

Reliable charging and energy stability are more critical than ever as warehouses and ports move toward decarbonisation. Volvo Penta’s Battery Energy Storage System (BESS) subsystems can be a part of turnkey BESS solutions to deliver compact, transportable, and high-density energy, contributing towards accelerating electrification and meeting growing energy needs at ports.

Words of support …

Thanks to advertising with Forkliftaction, we have received inquiries and more and more people are aware of Ningbo Ruyi Joint Stock Co.,Ltd, which fits with our company's goal to go global and let the world know more about the benefits of our Xilin brand.

Michille Shi, Vice General Manager Sales

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Reliable charging and energy stability are more critical than ever as warehouses and ports move toward decarbonisation. Volvo Penta’s Battery Energy Storage System (BESS) subsystems can be a part of turnkey BESS solutions to deliver compact, transportable, and high-density energy, contributing towards accelerating electrification and meeting growing energy needs at ports.

PREMIUM business

Tailift Material Handling USA Inc
Part of Toyota Industries Group - Leading manufacturer of High-quality machines.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Reliable charging and energy stability are more critical than ever as warehouses and ports move toward decarbonisation. Volvo Penta’s Battery Energy Storage System (BESS) subsystems can be a part of turnkey BESS solutions to deliver compact, transportable, and high-density energy, contributing towards accelerating electrification and meeting growing energy needs at ports.

PREMIUM business

Tailift Material Handling USA Inc
Part of Toyota Industries Group - Leading manufacturer of High-quality machines.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET