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HBL NIFE Power Systems Limited, incorporated in 1988, is a leading battery and power systems company based in Hyderabad, India. The company manufactures various types of batteries including Lead Acid, NiCad, Silver Zinc, Lithium, and specialized batteries for Railway and Defence applications. It also produces Defence Electronics, Solar Photovoltaic Modules, and other power-related products. The company has expanded its operations to include uninterrupted power systems, sealed lead acid batteries, and switch mode rectifiers. HBL NIFE has established subsidiaries in Singapore, Malaysia, and the USA, and has been involved in several mergers and acquisitions over the years. The company has made significant progress in the Defence vertical, supplying batteries for submarines and torpedoes, and has developed capabilities in Lithium Ion batteries for defence applications. In the Electronics vertical, the company has gained traction with its Train Collision Avoidance System (TCAS). The company serves various sectors including telecom, railways, solar, oil & gas, and power industries.