India is rapidly emerging as a hub for lithium-ion battery manufacturing, driven by the growing demand for electric vehicles, renewable energy integration, and government initiatives supporting clean energy. Major players like Exide Industries, Reliance Industries, and Amara Raja Batteries are investing heavily in battery gigafactories and technology partnerships to establish a self-reliant battery ecosystem. Companies such as Luminous and Okaya cater to residential and commercial energy storage needs, while global brands like Panasonic collaborate locally to produce cells for two- and three-wheelers. Public sector giants like BHEL are also developing lithium solutions for large-scale transport and grid applications. Meanwhile, firms like Epsilon Advanced Materials are focusing on producing critical battery components, strengthening the domestic supply chain. Together, these manufacturers are positioning India as a key player in the global energy transition.
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