India's Battery Energy Storage System (BESS) ecosystem is set for rapid growth, with an estimated ₹3.5 lakh crore funding opportunity by FY2032. This growth is fueled by investments in Cell Manufacturing, Technology, and Government policies. BESS and Pumped Storage Projects (PSP) will dominate, with storage capacity reaching 60 GW by FY32, boosting Energy security and reducing tariffs.
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