With the global momentum in the Lithium Battery industry, India has emerged as a key player in developing Lithium-ion batteries. Here’s an introduction to the top 10 Lithium-ion Battery manufacturers in India. NPP Power has established a presence in India, offering cutting-edge lithium battery solutions tailored by our expert technical team.
Top 10 Lithium-ion Battery Manufacturers in India
- Servotech Power Systems
- Exide Industries
- Amara Raja Batteries
- ATL
- Tata Chemicals
- Okaya Power
- NPP Power
- WAAREE ESS
- Loom Solar
- Panasonic
1. Servotech Power Systems
Overview: Servotech Power Systems, established in 2004, is a prominent player in the Indian lithium battery market. The company is known for its commitment to renewable energy solutions.
Recent Developments: In 2021, Servotech Power Systems announced plans to build an off-grid solar power project for UPNEDA in Uttar Pradesh. The company also secured a significant order for electric vehicles (EVs) from Bharat Petroleum, highlighting its focus on sustainable transportation solutions.
2. Exide Industries
Overview: Exide Industries, founded in 1947, is a leading Indian battery manufacturer with a strong presence in the lithium-ion battery segment.
Recent Developments: Exide Industries is set to establish a battery factory in India with a focus on electric vehicles and stationary applications. The company has partnered with SVOLT Energy to leverage advanced battery technology.
3. Amara Raja Batteries
Overview: Amara Raja Batteries, established in 1947, is a traditional battery manufacturer in India venturing into the lithium-ion battery market.
Recent Developments: Amara Raja Batteries is building a lithium-ion battery assembly plant in Andhra Pradesh, in collaboration with the Indian Institute of Technology. The company aims to tap into the growing electric vehicle market in India.
4. ATL (Amperex Technology Limited)
Overview: ATL, founded in 1999, is a global player in the lithium-ion battery industry with a focus on innovative battery solutions.
Recent Developments: ATL’s entry into the Indian market signifies a significant step towards enhancing the country’s lithium-ion battery technology. The company aims to address the growing demand for high-quality batteries in India.
5. Tata Chemicals
Overview: Tata Chemicals, a part of the prestigious Tata Group, is diversifying into the lithium-ion battery segment to support India’s electric mobility goals.
Recent Developments: Tata Chemicals has announced plans to establish a lithium-ion battery pack in Dolera, investing significantly in battery technology transfer from ISRO’s Vikram Sarabhai Space Centre.
6. Okaya Power
Overview: Okaya Power, with over 40 years of experience, is a leading battery manufacturer in India venturing into lithium-ion battery production.
Recent Developments: Okaya Power’s foray into lithium-ion battery manufacturing reflects the company’s commitment to sustainable energy solutions. The company aims to capitalize on the growing demand for electric vehicles and renewable energy storage.
7. NPP Power
Overview: NPP Power, founded in 2002, is a renowned player in the battery industry, specializing in lithium-ion batteries and other new energy products.
Recent Developments: NPP Power’s entry into the Indian market underscores the country’s potential as a hub for lithium-ion battery manufacturing. The company’s focus on quality and innovation positions it as a key player in India’s transition to clean energy.
8. WAAREE ESS
Overview: WAAREE ESS, established in 1989, is one of India’s largest vertically integrated new energy companies, offering a wide range of renewable energy solutions.
Recent Developments: WAAREE ESS’s expertise in solar energy solutions complements its entry into the lithium-ion battery market. The company aims to leverage its manufacturing capabilities to meet the growing demand for energy storage solutions.
9. Loom Solar
Overview: Loom Solar, founded in 2018, is a dynamic player in the Indian solar industry diversifying into lithium-ion battery production.
Recent Developments: Loom Solar’s expansion into lithium-ion battery manufacturing aligns with its mission to promote renewable energy adoption. The company’s focus on quality and innovation positions it as a key player in India’s clean energy transition.
10. Panasonic
Overview: Panasonic, a global leader in technology, is venturing into lithium-ion battery manufacturing in India to support the country’s electric mobility goals.
Recent Developments: Panasonic’s decision to set up a battery manufacturing plant in India underscores its commitment to the Indian market. The company aims to cater to the growing demand for high-quality batteries from leading automakers in India.
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