India’s Most Inspiring Business Leaders in Battery Industry 2024

Posted by prime Insights
1
May 31, 2024
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Leader Industries Private Limited

Leader Industries Private Limited has been creating milestones for over 55 years. Late shri Dwarka Prasad Aggarwal Ji laid the foundation stone on 18th-Aug-1969.
The company reached new heights of success when it received the prestigious gold medal in 1984–85 from Trans World Trade Fair under the dedicated and exemplary leadership of Late Shri D.P Aggarwal and the President of India, Late Shri Giyani Jail Singh. We have seen many ups and downs over these 55 years, but the constant efforts of the team and the exceptional management skills of Late Shri D.P Aggarwal along with his sons Mr. Sanjeev Aggarwal (M.D) and Mr. Sandeep Aggarwal (E.M.D), have constantly fueled the growth of the company, transforming it into the most dynamic business house in India.
The recent global shift to renewable energy and lowered reliance on fossil fuels is leading to a boom in electrification and energy storage worldwide. The e-mobility sector alone will drive the need for batteries to new heights. Spurred by the EV industry, lithium ion-based battery solutions will most likely dominate in the near future.
The battery industry is experiencing significant growth driven by the increasing demand for e-rickshaw battery, renewable energy storage solutions, and inverter batteries. This growth is also fueled by government incentives promoting sustainable energy solutions. However, challenges such as supply chain disruptions and raw material shortages are impacting the industry’s expansion.

https://primeinsights.in/leader-industries-private-limited/

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