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India to Reduce Li-ion Battery Imports by 2027

Last Update 14 November 2024

India is working to reduce its reliance on imported Lithium-ion (Li-ion) batteries, with imports expected to drop to 20% by FY27. Battery demand will rise sharply, driven by EV adoption and Renewable Energy Goals. The government’s policies, including the FAME scheme and ACC PLI, aim to boost local production, with 50 GWh capacity expected by FY27.

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2023

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

Coal Production from captive & commercial coal mines escaleted by 35% in Apr-Jun

Eco Stor Plans 300MW/716MWh Battery Storage in Germany

Adani Total Gas initiates production at a biogas plant in Uttar Pradesh

Foundation laid for 630 MW solar project in MP's Chhatarpur district.
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