 2003- Commissioned plant at Bawal, Haryana 
2003- New joint venture in UK, ESPEX, with 51% holding.2004- Associated Battery Manufacturers (Ceylon) Limited, Sri Lanka became a subsidiary consequent to acquiring further 12.50% Equity holding.2005- Investment in 50% shareholding of ING Vysya Life Insurance Company Limited 
2007- Caldyne Automatics Ltd becomes 100% subsidiary consequent to acquiring the balance 49% shareholding.