EnerSys has formed a new joint venture company in India to produce and market batteries for industrial applications.

EnerSys will have majority ownership in the joint venture with Energy Leader Batteries India Limited, an India-based producer of industrial batteries.

The joint venture will serve both reserve power and motive power customers in India.

EnerSys chairman, president and chief executive officer John Craig said as the company has noted previously it will continue to expand globally to meet the needs of its customers and to better serve additional geographic markets.

"This transaction, in addition to our recently completed transactions in South Africa and South America, meaningfully expands the addressable markets for our products," Craig said.

EnerSys Asia president David Shaffer said the rapid development of infrastructure and modernization in India brings exciting opportunities for EnerSys.

"The joint venture will also provide products and brands well known to our global customers to support their south Asian growth," Shaffer said.

EnerSys is a provider of stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, chargers, power equipment, and battery accessories to customers worldwide.