 Both parties settled in 2017, with an out of court settlement from Exide Industries to Exide Technologies, terms being that Exide Technologies waives any rights to the "Exide" trademark in India in perpetuity.R&D work is carried out on various facets of lead-acid battery technology, which include development of new products for applications such as Automotive, Motorbike, VRLA, Telecom, UPS, Railways, Defence, etc.primarily to make the product range internationally competitive.