Current Affairs · Business & Industry
Which of the following statements about Eveready Industries' new alkaline battery manufacturing facility and its market outlook is INCORRECT?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The alkaline battery segment in India is witnessing a growth of over 20 percent.
- 2The company aims to increase its market share in the alkaline battery segment to 52 percent in the next three years.✓
- 3The facility has an annual peak production capacity of around 360 million alkaline batteries.
- 4The new greenfield plant has been set up with an investment of around ₹200 crore in Jammu.
Correct answer
The company aims to increase its market share in the alkaline battery segment to 52 percent in the next three years.
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