The India Battery Market report segments the industry into Technology (Lithium-Ion Battery, Lead-Acid Battery, Other Technologies) and Application (SLI Batteries, Industrial Batteries (Motive, Stationary (Telecom, UPS, Energy Storage Systems (ESS)), Etc.), Portable (Consumer Electronics, Etc.), Automotive Batteries (HEV, PHEV, and EV), Other Applications). Get five years of historical data and future forecasts.

In 2022, the market size for battery in India was around *** billion U.S. dollars. It was estimated by the year 2030, the market will reach *** billion dollars. One of the main factors driven the growth would be the increasing demand for energy storage.

The India Battery Market is projected to achieve a market size of USD 20.04 billion by the year 2030, indicating significant growth ahead

The Report Covers Indian Lithium-Ion Battery Market Size & Share, and It is Segmented by Applications (Portable, Automotive, and Other Applications). The Report Offers the Market Size and Forecasts for the India Lithium-Ion Battery Market in Revenue (USD) for all the Above Segments.

The India Rechargeable Battery Market Report and It is Segmented by Technology (Lead Acid, Lithium-Ion, Nickel Cadmium, and Others (NiMh, Nicd, Etc. ), Applications (Automotive Batteries, Industrial Batteries, Portable Batteries, and Other Applications). The Report Offers the Market Size and Forecasts for the India Rechargeable Battery Market in Revenue (USD) for all the Above Segments.

Unlock data-backed intelligence on India Lithium-ion Battery Market, size at USD 4.2 billion in 2023, showcasing industry trends and key players.

The size of the India Battery Market market was valued at USD 7.20 Million in 2023 and is projected to reach USD 21.35 Million by 2032, with an expected CAGR of 16.80% during the forecast period. Recent developments include: February 2024: Trontek Group showcased its innovative Lithium-ion Battery and other products at the Bharat Mobility Global Expo, organized by the industry body India Energy Storage Alliance (IESA) in New Delhi., May 2023: iPower Batteries Pvt. Ltd, a lithium-ion and graphene lead-acid battery manufacturer, announced achieving a significant milestone by developing India’s first lithium magnesium iron phosphate battery series, the Rugpro lithium-ion series, for the electric vehicle (EV) industry. In April 2023, the Indian government approved the batteries under AIS 156 (Amendment III) Phase 2.. Key drivers for this market are: 4., The Emergence of New and Exciting Markets, i.e., Electric Vehicles and Battery Energy Storage Systems for Different Applications4.5.1.2 The Growing Usage of Automotive Batteries in Electric Vehicles. Potential restraints include: 4., The Emergence of New and Exciting Markets, i.e., Electric Vehicles and Battery Energy Storage Systems for Different Applications4.5.1.2 The Growing Usage of Automotive Batteries in Electric Vehicles. Notable trends are: The Automotive Segment to Witness Significant Growth.

As of March 2025, the largest battery company in India by market capitalization was Exide at around *** billion Indian rupees. It was followed by Amara Raja, with a market capitalization of approximately *** billion rupees. Exide Exide is an Indian storage battery manufacturing company based in Kolkata, India. It is the largest manufacturer of lead-acid batteries and energy storage solutions provider in the country, and its business has been growing steadily for the last few years. With the rise of electric vehicles, the company has been investing heavily in lithium-ion battery manufacturing, with more than *** billion Indian rupees as of January 2025. At the end of 2024, the company also partnered with Hyundai and Kia to locally produce EV lithium-ion batteries for the latter. EV in India Unlike other more advanced economies, two-wheelers dominate India’s EV market. In the financial year 2024, there were more than *********** electric two-wheelers sold in the country. For the electric car market, passenger EVs have seen some strong development in the last few years, which has driven demand for lithium-ion batteries. In March 2025, the Indian government ended import duties for components needed for EV battery manufacturing, boosting both the battery and EV industries.

India Lithium-ion Battery Market was valued at USD 375 Million in 2025 and is expected to reach USD 640 Million by 2031 with a CAGR of 9.17%.

The India Lithium-ion Battery Market size was valued at USD 4.71 Million in 2023 and is projected to reach USD 19.74 Million by 2032, exhibiting a CAGR of 22.72 % during the forecasts periods. Recent developments include: March 2024: Panasonic Energy Co Ltd, a subsidiary of Panasonic Group, a Japan-based multinational electronics company, will form a joint venture with Maharatna PSU Indian Oil Corporation Ltd, the nation's biggest oil firm, to manufacture cylindrical lithium-ion batteries., January 2024: Automotive battery maker - Amara Raja Batteries Ltd announced its plans to operate a gigafactory before the end of 2025. In May 2023, the company laid the foundation stone for one of its first gigafactories in the Mahbubnagar district in Telangana, India, that is expected to produce Lithium Cell and Battery Packs with a capacity of up to 16 GWh and 5 GWh, respectively., December 2023: Himadri Speciality Chemical Ltd announced its plan to invest INR 48.00 billion (USD 576 million) over the next 5-6 years in setting up a plant that is likely to produce 2 lakh tonnes of lithium iron phosphate, a key material for making lithium-ion batteries used in electric vehicles.. Key drivers for this market are: 4., Declining Cost Of Lithium-ion Batteries4.; Increasing Adoption of Electric Vehicles. Potential restraints include: 4., Demand and Supply of Raw Materials for Battery Manufacturing. Notable trends are: The Automotive Segment to Witness Significant Growth.

The Report Covers India Lead Acid Battery Manufacturers & Companies and the Market is segmented by Application (SLI (Start, Light, and Ignition) Batteries, Industrial Batteries, and Other Applications).

The India Battery Cell Industry size was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, exhibiting a CAGR of 9.00">> 9.00 % during the forecasts periods. Recent developments include: In May 2022, India-based start-up, Nordische Technologies, have launched an Aluminium-Graphene pouch cell battery for consumer electronics, gadgets, and future EV technology in association with the Central Institute of Petrochemicals Engineering and Technology (CIPET), Bengaluru., In Jan 2022. Reliance Industries has acquired Faradion, a United Kingdom start-up developing sodium-ion batteries for a value of USD 135 million. Reliance is expected to invest a further USD 35 million in Faradion to accelerate the commercialization of its products, including batteries for electric vehicles. The sodium-ion battery is a safer and cheaper alternative to lithium-ion batteries, according to Reliance, which aims to produce them in India based on technology from Faradion.. Key drivers for this market are: 4., Increasing Demand for Natural Gas and Developing Gas Infrastructure 4.; Increasing Offshore Oil & Gas Exploration Activities. Potential restraints include: 4., Adoption of Cleaner Alternatives4.; High Volatility of Crude Oil Prices. Notable trends are: Prismatic cell Segment is Expected to Dominate the Market.

In 2023, the production capacity of lithium-ion battery in India was around ** Gigawatt hours. It was estimated the value will increase to almost *** Gigawatt hours in 2030. During the same year, the battery market will reach *** billion dollars in the country.

The India Rechargeable Battery Market is valued at USD 7.3 billion in 2023, driven by market opportunities, player analysis, and strategic insights. Explore market revenue, segmentation and growth opportunities.

In India Sodium-ion Battery Market, offering valuable insights, key market trends, competitive landscape, and future outlook to support strategic decision.

The India Alkaline Battery Market Report is Segmented by Type (Primary Battery and Secondary Battery), and Application (Consumer Electronics, Commercial, and Others).

Uncover the USA POC Glucose Market size at USD 1.2 billion in 2023, featuring Market Forecasts & Outlook, industry trends, and growth opportunities.

In 2022, the market demand for advanced chemistry (ACC) batteries was at ** gigawatt hours (GWh). It was estimated that between 2022 and 2030, the compound annual growth rate for ACC battery demand would reach ** percent. The growth was expected to be supported by local battery manufacturers and increased demand for electric vehicles in India.

The India lithium-ion battery market is experiencing robust growth, projected to reach a market size of $4.71 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 22.72% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the burgeoning electric vehicle (EV) sector in India is a major driver, creating significant demand for high-performance lithium-ion batteries. Government initiatives promoting EV adoption and renewable energy further accelerate market growth. The increasing use of portable electronic devices and the expansion of the automotive industry also contribute to market expansion. Furthermore, advancements in battery technology, leading to increased energy density, longer lifespan, and improved safety features, are boosting consumer and industrial adoption. However, challenges remain, including the high initial cost of lithium-ion batteries, reliance on imported raw materials, and the need for robust battery recycling infrastructure. Despite these restraints, the long-term outlook for the India lithium-ion battery market remains exceptionally positive, driven by consistent technological advancements and supportive government policies. The market segmentation reveals a strong presence across diverse applications. The portable electronics segment, encompassing smartphones, laptops, and other consumer electronics, forms a substantial portion of the market. The automotive segment is experiencing rapid growth, fueled by the government’s push for electric mobility. Key players such as TDS Lithium-Ion Battery Gujarat Private Limited, Bharat Electronics Limited, and Exide Industries (through its Nexcharge JV) are actively shaping the market landscape through innovation and strategic partnerships. Competition is intense, with both domestic and international companies vying for market share. The market's growth trajectory indicates significant opportunities for investment and expansion in battery manufacturing, research and development, and recycling infrastructure development within India. Further growth is likely to be influenced by the success of government initiatives to improve the domestic supply chain and reduce reliance on imports. Recent developments include: March 2024: Panasonic Energy Co Ltd, a subsidiary of Panasonic Group, a Japan-based multinational electronics company, will form a joint venture with Maharatna PSU Indian Oil Corporation Ltd, the nation's biggest oil firm, to manufacture cylindrical lithium-ion batteries., January 2024: Automotive battery maker - Amara Raja Batteries Ltd announced its plans to operate a gigafactory before the end of 2025. In May 2023, the company laid the foundation stone for one of its first gigafactories in the Mahbubnagar district in Telangana, India, that is expected to produce Lithium Cell and Battery Packs with a capacity of up to 16 GWh and 5 GWh, respectively., December 2023: Himadri Speciality Chemical Ltd announced its plan to invest INR 48.00 billion (USD 576 million) over the next 5-6 years in setting up a plant that is likely to produce 2 lakh tonnes of lithium iron phosphate, a key material for making lithium-ion batteries used in electric vehicles.. Key drivers for this market are: 4., Declining Cost Of Lithium-ion Batteries4.; Increasing Adoption of Electric Vehicles. Potential restraints include: 4., Declining Cost Of Lithium-ion Batteries4.; Increasing Adoption of Electric Vehicles. Notable trends are: The Automotive Segment to Witness Significant Growth.

The India battery e-commerce market, valued at $0.97 billion in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 13.90% from 2025 to 2033. This expansion is driven by several key factors. The burgeoning e-commerce sector in India provides a readily accessible platform for battery sales, reaching a wider consumer base beyond traditional retail channels. Increasing adoption of electric vehicles (EVs) and renewable energy solutions fuels demand for replacement and supplementary batteries. Furthermore, rising disposable incomes and improved digital literacy contribute to higher online purchasing power, particularly amongst younger demographics. Consumer preference for convenience and competitive online pricing further propel market growth. The market is segmented by battery type, with lead-acid, lithium-ion, and other battery technologies catering to diverse applications. Key players like Exide Industries, Luminous Power Technologies, Panasonic, and Tata AutoComp GY Batteries dominate the market, facing competition from both domestic and international brands. While challenges such as concerns over battery safety and the need for robust logistics infrastructure exist, the overall market outlook remains positive. The forecast for the India battery e-commerce market indicates substantial growth over the next decade. The CAGR of 13.90% suggests a significant increase in market value, likely exceeding $3 billion by 2033. This expansion will be influenced by government initiatives promoting electric mobility and renewable energy, coupled with technological advancements leading to more efficient and affordable battery solutions. The competitive landscape will likely witness further consolidation as major players invest in enhancing their online presence and supply chain capabilities. Expansion into rural markets and a focus on providing superior customer service will be crucial for success. The market's evolution will also be shaped by the growing awareness of environmentally friendly battery technologies and sustainable practices within the e-commerce ecosystem. Recent developments include: October 2023: Ola Electric announced the establishment of a lithium-ion cell manufacturing unit, touted to be the first in India, with a fundraising of about USD 385 million. Ola Electric has noted its plans to set up the unit at Krishnagiri, Tamil Nadu., June 2023: Tata Group signed an outline deal for building a lithium-ion cell factory with an investment of about USD 1.58 billion. The EV battery plant will help the nation create its electric vehicle supply chain rather than rely on imports. The plant will be located in Gujarat and likely have an initial manufacturing capacity of 20 Gigawatt hours (GWh).. Key drivers for this market are: 4., Increasing Adoption of Electric Vehicles4.; Declining Lithium-Ion Battery Prices. Potential restraints include: 4., Increasing Adoption of Electric Vehicles4.; Declining Lithium-Ion Battery Prices. Notable trends are: Increasing Adoption of Electric Vehicles.