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.”

Briefs
Briefs 10 Jul 2025 - 1 min read
EnerSys outdoor chargers receive UL approval
EnerSys outdoor chargers receive UL approval 3 Jul 2025 - Reading, PA, United States - 1 min read
Hyster-Yale reports Q1 revenue fall
Hyster-Yale reports Q1 revenue fall 8 May 2025 - Cleveland, OH, United States - 2 min read
Do you have materials handling news? Submit your news here

Showcased in the Virtual Expo

XQ360 with SLAMXQ by Collective Intelligence Group
XQ360 with SLAMXQ
Collective Intelligence Group

Industrial processes in paper and waste processing involves strapped bale handling and de-wiring. Durwen provides the smart solution for the industry, with its fully Durwen designed and made de-wiring bale clamp. Expensive factory part equipment was needed yesterday - use the smart solution from Durwen in future!

Check out our new website and get in touch with us today! 

Product and service backup MADE IN GERMANY!
You might want to check out our service portal as well – it backs you up 24/7!

Words of support …

The cooperation with Forkliftaction has been exceptional. It's always a pleasure to work with specialists who know the inside out of the industry

Ane Miren Elorza, Communications Specialist

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

Forkliftaction's JOB MARKET

Industrial processes in paper and waste processing involves strapped bale handling and de-wiring. Durwen provides the smart solution for the industry, with its fully Durwen designed and made de-wiring bale clamp. Expensive factory part equipment was needed yesterday - use the smart solution from Durwen in future!

Check out our new website and get in touch with us today! 

Product and service backup MADE IN GERMANY!
You might want to check out our service portal as well – it backs you up 24/7!

Inside The News
In this week’s Forkliftaction News we report on the recent IMHX event in Birmingham with coverage of new product launches, key themes and observations from those attending. We also name the winners of the 2025 Archies Awards, held in conjunction with IMHX... Continue reading

PREMIUM business

MAXAM Tire, Inc.
Simplify your productivity with MAXAM's range of performance material handling tires, designed with the latest EcoPoint3 technology.

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

Forkliftaction's JOB MARKET

Industrial processes in paper and waste processing involves strapped bale handling and de-wiring. Durwen provides the smart solution for the industry, with its fully Durwen designed and made de-wiring bale clamp. Expensive factory part equipment was needed yesterday - use the smart solution from Durwen in future!

Check out our new website and get in touch with us today! 

Product and service backup MADE IN GERMANY!
You might want to check out our service portal as well – it backs you up 24/7!

Showcased in the Virtual Expo

XQ360 with SLAMXQ by Collective Intelligence Group
XQ360 with SLAMXQ
Collective Intelligence Group

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

Forkliftaction's JOB MARKET