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Top 10 Lithium-Ion Battery Companies in India

This growth is driven by surging demand for electric vehicles, widespread adoption of renewable energy systems, and government initiatives supporting clean energy and battery manufacturing. Moreover, advances in battery chemistries, localized production, and a growing ecosystem of energy storage applications are further stimulating demand.

This report emphasizes the Top 10 Lithium-Ion Battery Companies in India, as acknowledged through widespread analysis conducted by ÂÌñÉç internal database. Directed by in-depth market evaluation and industry experts, these leading companies have been known as the primary leaders driving growth and innovation in the India Lithium-Ion Battery Industry.

List of Leading Companies in the India Lithium-Ion Battery Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Amara Raja Energy & Mobility Ltd

Amara Raja has expanded into lithium-ion cell and battery pack manufacturing, focusing on electric mobility and stationary energy storage systems. It is one of India's largest and most diversified energy storage solution providers.

2. Exide Industries Ltd

Exide is a leading battery manufacturer in India and has entered lithium-ion technology through joint ventures and R&D. It supplies batteries for EVs, grid storage, and renewable energy solutions.

3. Altigreen Propulsion Labs Pvt Ltd

Altigreen specializes in electric drivetrains and lithium-ion battery integration. It focuses on commercial EVs and fleet applications, offering robust energy solutions for electric cargo vehicles.

4. TDSG

TDSG is India's first lithium-ion cell manufacturing company, backed by Japanese automotive giants. It caters to the EV ecosystem by supplying advanced battery solutions.

5. Luminous Power Technologies

Luminous is expanding its product portfolio with lithium-ion based energy storage systems, tailored for residential, commercial, and renewable applications in India.

6. Lohum Cleantech

Lohum is a growing player in sustainable lithium-ion battery manufacturing, second-life applications, and recycling. It focuses on circular economy practices to reduce battery waste and maximize energy efficiency.

7. Tata AutoComp GY Batteries Pvt Ltd

A joint venture between Tata AutoComp and GS Yuasa, the company manufactures lithium-ion batteries for automotive and industrial use, supporting India's EV ecosystem.

8. Okaya Power Pvt Ltd

Okaya Power has developed a wide range of lithium-ion battery packs and energy storage systems, with a strong focus on e-mobility and renewable integration.

9. Waaree Energies Ltd

Waaree Energies, one of India's largest solar companies, is expanding into lithium battery manufacturing. It aims to complement its renewable energy solutions with smart energy storage systems.

10. Nexcharge (Exide - Leclanche JV)

Nexcharge is a joint venture between Exide and Swiss firm Leclanche. It develops high-performance lithium-ion battery systems for electric vehicles, renewable energy storage, and grid applications.

Top 10 Lithium-Ion Battery Companies in India: FAQs