India’s Most Inspiring Business Leaders in Battery Industry 2024
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.
Aligning with global objectives, Leader Industries Private Limited, a 55-year-old company, manufactures battery plates, lead, and finished batteries. Lead acid batteries will continue to serve critical segments as these are technologically proven and simple to use.
Discover what sets Leader Batteries apart in our exclusive interview with Mr. Sanjeev Aggarwal for our “India’s Most Inspiring Business Leaders in Battery Industry 2024” edition. Gain valuable insights into their leadership philosophy and uncover the secrets behind Leader Batteries’ remarkable success. Get ready to learn from the top minds in the industry!
Prime Insights: What inspired you to start your company?
Led by Mr. Sanjeev Aggarwal, the company has for over five decades made its name synonymous with best Battery (Brand “LEADER”), Battery Plates, Lead and Lead Alloys. Leader Batteries caters to the EV sector including the e-rickshaw battery, solar and inverter sectors. I have been deeply involved in the contracting and execution of battery manufacturing & services. This area has always fascinated me and has been the subject of my core interest. We have been constantly upgrading to deliver best battery in the trade to Indian customers at par with international standards but at domestic prices.
Prime Insights: What were the initial challenges faced by your business?
Late Shri Dwarka Prasad Aggarwal Ji laid the foundation stone on 18th Aug 1969 in New Delhi’s Gokhle market. Starting out as a trader in battery components and raw materials, Mr. D.P Aggarwal established the company after completing his graduation from Kolkata. Our initial challenges included establishing a reliable supply chain, and building a skilled team. Additionally, we faced competition and had to work hard to differentiate our innovative battery technology. Through extensive research and development, a technological upgrade, we have perfected our manufacturing our of batteries, making it the most reliable product for it’s loyal customers.