Indo National Ltd Plans to Expand into Alkaline Batteries and Ceiling Fans Amid AI-Driven Data Centre Growth in India
Indo National Ltd aims to capitalize on the growing AI-driven demand for data centres in India by diversifying its product offerings, including alkaline batteries and ceiling fans. CEO Pavan Kumar indicated plans to double revenue to Rs 1,000 crore in the next five years. The company is exploring partnerships in energy storage, particularly lithium batteries for data centres and EVs, while also focusing on sustainability and recycling initiatives.
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Indo National Ltd is positioning itself to meet the increasing demand for data centres driven by AI in India. The company plans to diversify into alkaline batteries, expecting significant demand growth over the next 5-7 years, as no local manufacturers currently produce these batteries.
CEO Pavan Kumar announced ambitions to double revenue to Rs 1,000 crore within five years, including launching a new ceiling fan product. Additionally, Indo National is exploring partnerships in the energy storage sector, particularly for lithium batteries in data centres and EVs, while committing to sustainability through recycling initiatives. The company aims to invest Rs 50 crore to Rs 100 crore in these ventures, targeting revenue growth through product diversification and market expansion.
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