Exide Industries Appoints Amol Mehra as President & Chief Procurement Officer

Exide Industries Limited announced the appointment of Amol Mehra to the senior leadership role of President and Chief Procurement Officer. The appointment is effective May 4, 2026. Mr. Mehra joined Exide on December 2, 2024, bringing nearly 28 years of expertise in commodities, sales, and trading. He holds an MBA in Marketing and Production and a BE in Mechanical Engineering.

Boosting Supply Chain for Growth

This appointment is significant for a major manufacturer like Exide, especially as it expands into new areas like lithium-ion batteries. Strong procurement leadership can drive cost savings, secure vital raw materials, and build a more resilient supply chain, which are essential for staying competitive in the evolving battery market.

Mehra's Extensive Experience

Amol Mehra brings a wealth of experience from his previous positions. He served as Chief Business Officer and Joint President at Adani Enterprises Limited, where he managed their Integrated Coal Management Vertical. His career also includes roles with commodity trading firms like Trafigura India and leadership positions within the Vedanta Group, providing him with broad exposure to global markets and complex supply chains.

Key Responsibilities

In his new role, Amol Mehra will officially lead Exide's procurement and spend management. The company expects to leverage his extensive background to improve operational efficiency and strengthen its supply chain capabilities. This move highlights Exide's ongoing commitment to strategic sourcing and cost optimization.

Potential Challenges Ahead

The battery industry faces inherent risks, including volatile raw material prices and supply chain disruptions, particularly concerning lithium-ion components. Successfully integrating new procurement strategies and ensuring their effectiveness across Exide's varied operations will be crucial. Intense competition and rapid technological shifts also present ongoing industry challenges.

Competitive Landscape

Key competitors such as Amara Raja Energy & Mobility (ARE&M) and Luminous Power Technologies operate in a similar dynamic market. ARE&M, for example, is actively expanding its lithium-ion capacity. Like Exide, these companies must navigate complex supply chains for both traditional and advanced battery materials. The global shift to lithium-ion batteries makes the procurement of materials like lithium, cobalt, and nickel strategically critical for all major players.

Key Dates and Tenure

Amol Mehra joined Exide Industries Limited on December 2, 2024. His professional career spans nearly 28 years.

Looking Ahead

Investors will be watching the implementation and effectiveness of the new procurement strategies under Mr. Mehra's leadership. Key areas to monitor include how Exide's procurement function supports its expansion into lithium-ion battery manufacturing, any signs of cost savings or improved supply chain efficiencies, and Exide's ability to secure critical raw materials competitively.