Lithium-ion Battery Manufacturing in India – Current Scenario

Li-ion batteries make up for the most expensive component of an electric vehicle, accounting for 40-50% of its cost. With the increasing penetration of EVs in our transport system, the demand for Li-ion batteries for EV applications is set to skyrocket. Apart from Electric Vehicles, other applications such as renewable energy integration with the grid will boost the Li-Ion battery demand. According to the government’s estimates, India will need a minimum of 10 GWh of Li-ion cells by 2022, about 60 GWh by 2025 and 120 GWh by 2030. This article explores the current state of Lithium-ion battery manufacturing in India.

Watch Webinar Recording – Lithium-ion cell manufacturing in India and the PLI Scheme

Currently, either Li-ion cells are imported from China or Taiwan to be assembled into batteries in India, or already assembled battery packs are being imported. Considering the ambitious plans to push EVs, these imports are going to cost the economy dearly. India neither has any known sources of lithium (the lightest metal) or cobalt nor do we have lithium-ion battery manufacturing capabilities as of now. The government wants to encourage the local manufacturing of lithium-ion batteries through battery chemistry linked FAME incentives and increments on import duties. Local manufacturing of Lithium-ion batteries is expected to bring down the EV cost in due time.

Also Read: Trends in Reuse and Recycling of Lithium-ion batteries.

Players in the Fray

The market for electric vehicle power packs is set to grow to $300 billion by 2030, including a huge secondary market comprising of more than 2.5 million e-rickshaws and 4,00,000 lead-acid battery-powered 2 wheelers on roads today. Many players in automobile and energy space have started teaming up together and finding synergies to roll out Li-ion battery manufacturing units for EV applications. Let’s take a look at some prominent names involved:

Related: Guide for MSMEs to manufacture Li-ion cells in India

1. TDS Lithium-Ion Battery Gujarat Private Ltd (TDSG) is being set up in Gujarat by Toshiba Corporation, DENSO Corporation and Suzuki Motor Corporation to manufacture and supply Li-ion batteries to Maruti Suzuki and Suzuki Motor Gujarat plant in Hansalpur. The plant is located in Maruti Suzuki Supplier Park in Ahmedabad. This plant is expected to become operational by February 2021. The foundation stone for the plant was laid in September 2017 when Prime Minister Narendra Modi and then Japanese PM Shinzo Abe visited Gujarat.

The JV sees the equity stake split between Suzuki (50 per cent), TOSHIBA (40 per cent) and DENSO (10 per cent). 180 MILLION USD has been invested between all three Japanese ventures. The official website says “TDSG’s LIB is a highly safe rechargeable battery with six outstanding characteristics.
By using oxide-based materials (Lithium Titanium Oxide), TDS’s LIB is designed to prevent thermal runaway resulting from short-circuiting caused by physical stress.”

2. Exide Industries formed a 75:25 joint venture with Switzerland-based Leclanché SA, one of the world’s leading energy storage companies to produce lithium-ion batteries. The JV is called Nexcharge. The company will initially import the cells from Leclanche’s plant in Germany, citing cell production at the local plant will start later.

On July 10th, 2020, CEO of Nexcharge – Stefan Louis announced that they are ready with their production line to make Li-ion pouch cell battery modules in India. The plant is located at Prantij (near Ahmedabad) and started with a capacity of around 1.5 GWh. The cells are being imported from Leclanche’s plant in Germany, at present.

3. TATA Chemicals has a plant site of 127 acres in Dholera, Gujarat that can house manufacturing of active materials, Li-ion cells, and batteries of up to 10 GW per annum as well as the recycling operations. In the process of commissioning a commercial pilot cell manufacturing by 2021, which based on market demand could expand to 3 to 5 GW by 2025 and investment envisaged for the same is INR 800 crores. The cells will cater to applications in the automotive sector as well as stationary energy storage. Source

According to a report, the plant will attract an investment of INR 4,000 crores.

4. In Aug 2020, Japanese firm Amperex Technology Limited (ATL) acquired 180-acre land in Haryana to set up a manufacturing unit for Lithium-ion Polymer (LIP) batteries.

ATL (Owned by TDK corporation) spent Rs 550 crore to acquire the land near Gurugram. ATL is headquartered in Hong Kong and is a leader in supplying LIP batteries globally. The company already runs two cell manufacturing facilities in China. According to reports, ATL plans to invest Rs 7000 crore in the next few years to supply batteries to industries including smartphones, two and three-wheeler e-vehicles.

5. Li Energy has purchased 125 Acres of Land in Thondi, Tamilnadu to develop an SEZ and set up Li-ion cell manufacturing with the guidance of Dr Gopu Kumar, former Head of Lithium-ion Battery Research appointment by CSIR. The company has also signed a MoU with Guidance Tamil Nadu, the nodal agency of the government for investment promotion in the state.

Update as on Feb 09, 2021 – Li Energy is building a vertically integrated value chain and has planned the project as follows. Further updates awaited from the company.

Phase 1 – First fully automated prismatic Li-ion battery assembly line (1 GW) in India to be ready by Nov 2021, along with an R&D unit for cells. Talks underway with CATL to supply Cells. Li Energy plans to raise USD 15-20 million for Phase 1 and has boarded an Investment bank to that end.

Phase 2 – Li-ion cell manufacturing pilot line of 150 MW. Cathode, anode & other cell constituents to be imported.

Phase 3 – To do away with material imports and setup a Cell Material Company for LFP, NMC and LTO chemistries with CECRI-CSIR technology.

Phase 4 – Scale the Cell manufacturing facility to 1 Gigawatt.

Assembly line, R&D to be set up in Chennai. Plans to raise INR 750 Crores over next 4 years. Industries under focus are EVs & Energy Storage for Renewable Energy.

6. Manikaran Power Ltd is setting up a battery raw material project to manufacture lithium hydroxide – producing 20,000 LCE (Lithium Carbonate Equivalent). It is likely to be commissioned by mid-2024. Manikaran Power Limited is one of the country’s largest power trading and renewable energy company and will be investing USD 300 million to set up this refinery. The company will be importing Lithium ore from Australia and will be processing it to produce battery-grade material.

7. In Aug 2020, Mumbai based Epsilon Carbon announced starting production of graphite anode material for Li-ion batteries. In phase 1, starting with an initial capacity of 5,000 TPA, Epsilon wants to start producing 15,000 TPA of Mesophase by Jul 2021 for supply to anode manufactures. In phase 2, it plans to start producing Synthetic Graphite material to directly supply to battery manufacturers.

8. In Feb 2021, Amara Raja opened the country’s a technology hub to develop lithium-ion cells, at its Tirupati facility in Andhra Pradesh. In June 2021, the group announced the establishment of a New Energy SBU encompassing Lithium cell and battery pack, EV chargers, Energy Storage Systems, Advanced Home Energy Solutions and related products and services. According to reports,  Amara Raj has already invested Rs 20 crore into the hub, excluding technology transfer and bidding fees paid to the ISRO in January 2019.

Watch – C4V on its Lithium-ion battery technology and plans to make cells in India

Government Initiatives Around Li-ion batteries

1. In May 2021, Cabinet approved the DHI proposal for the implementation of the PLI Scheme for ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage for a financial outlay of INR 18,100 crores over a 5 year period. A further notification was released by DHI on June 9, 2021 with more information on different scheme parameters such as salient features of the scheme, allocation of incentives and monitoring mechanism. The selection of beneficiary firms will be made by an RFP process that is yet to be started.

National Programme on ACC Battery Storage will support 50 GigaWatt hours (“GWh”) of domestic ACC manufacturing. Implementing authorities are NITI Aayog and DHI. The subsidy support will be limited to a cumulative 50 GWh of ACC manufacturing capacity in India, with a single beneficiary not allowed more than 20 GWh cell manufacturing facility. Minimum bid may be restricted to 5 GWh capacity, which may be developed in phases over a five-year window.

2. Restricted FAME 2 benefits to EVs with Lithium-ion and better chemistry batteries, excluding lead-acid battery-powered vehicles.

3. Increased import duty on lithium-ion cells to 10% from the current 5% from April 2021.

4. Increased the import duty on assembled battery packs from 5% to 15% from April 2021.

5. Setting up of National Mission on Transformative Mobility and Battery Storage in 2019 to drive mobility initiatives with the goal of setting up large scale manufacturing plants for cells, batteries and other components of the EV value chain.

6. India and Bolivia have forged a partnership that entails India investing in developing Bolivia’s vast lithium deposits and Bolivia would, in turn, facilitate the supply of lithium, lithium carbonate and cobalt to India. The MoU between the two countries is set to foster alliances for lithium battery/cell production plants in India and the possibility of Indian companies setting up production capabilities in Bolivia.

7. Tender worth USD $50 billion was expected to be floated for global investors to set up a 50 GW battery manufacturing base under ‘Make in India’. NITI Aayog to seek proposals from states to identify a total of 5-20 locations in the country. The companies will be required to set up the manufacturing facilities by 2022, after which they will get the incentives for eight years till 2030. Ref IEEFA report. | There is no further development reported on this effort after initial reports.

8. According to news reports, 3 different Lithium-ion battery manufacturers (names withheld) were expected to set up units with a combined capacity of 10 gigawatts in Telangana, with an investment of Rs 1,500 crore in the first phase and a total investment of Rs 6000 crore |There is no further development reported on this effort after initial reports.

In addition to the above points, government bodies are also engaging in Li-ion cell manufacturing. BHEL was planning to set up India’s first Li-ion Giga-factory to manufacture Li-ion cells in a JV with Libcoin with plans to scale up the capacity to 30 GWh in due course, but there is no further development reported on this effort after Jan 2019. Earlier in 2019, ISRO chose 10 companies to transfer its indigenously developed low-cost Li-ion cell technology. These companies are listed below, however in most cases there are no official updates available on their progress with the technology.

1. Amara Raja Batteries, Andhra Pradesh

2. Bharat Electronics Limited BEL, Pune

3. Carborundum Universal Limited (CUMI), Kochi

4. Exicom power solutions, Gurgaon

5. GOCL, Hyderabad

6. Jyoti CNC Automation Ltd, Gujarat

7. Tata Chemicals Ltd, Mumbai

8. Thermax Ltd, Pune

9. Sukhbir Agro Energy Limited, New Delhi

10. National Aluminium Company Limited (NALCO), Bhubaneshwar

Lithium-ion Battery Pack Assembly for EV Applications

Many companies in India supply lithium-ion batteries for non-EV applications like consumer electronics but EV batteries are bigger and more complex. Below, we have put together a list of a few Li-ion battery pack manufacturers who are providing Li-ion batteries for EV applications in India:

1. Exicom – Exicom offers fixed and portable Lithium-ion batteries for e-autos, e-rickshaws, e-scooters and light electric vehicles. Kinetic Green 3 wheelers are using batteries produced by Exicom.

2. Okaya Power offers an LFP (Lithium Iron Phosphate) battery for e-rickshaws.

3. ACME Cleantech

4. PuREnergy Pvt. Ltd, Hyderabad

5. Grinntech, Chennai

5. Future hi-tech Batteries, Mohali

6. Pastiche Energy Solutions, Panchkula

7. Greenfuel Energy Solutions, Gurgaon

8. Amptek, Gurgaon

9. Inverted, New Delhi

10. Amara Raja Batteries Ltd is building a 100 megawatt-hour Lithium-ion assembly plant in Andhra Pradesh in close coordination with IIT Chennai.

11. Panasonic plans to assemble Lithium-ion batteries for two- and three-wheelers in India by importing lithium-ion cells from Japan or China.

12. Other players – iPower, CTech, Trontek, Cygni energy etc

Globally, China is the biggest consumer of lithium. China also plans to procure lithium from Bolivia through a joint venture with the latter’s state lithium company. Lithium rich countries like Bolivia, Chile, Argentina and Australia are set to play a critical role in the energy storage industry in coming years. In order to achieve the country’s EV adoption targets, we need to see quick capability building for lithium-ion cells and battery production. Hopefully, the initiatives being taken by the government and industry will secure access to lower-cost energy storage systems for India’s EV future.

Please let us know if you would like us to add any other Li-ion battery suppliers for EV applications to this list. For a list of EV Charging Solution providers, visit EV Charging Solution Providers in India.

Last Updated: 26 June, 2021

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58 thoughts on “Lithium-ion Battery Manufacturing in India – Current Scenario

  • Hi, there

    Please include Li Energy Pvt LTD

    Li ion batteries manufacturing company in Chennai.

    • Hi Amrith, thanks for your comment. We connected with the Founder of Li Energy and have included necessary details in the write-up.

      • hello startup here am consultant for battery manufacturing unit setup , mainly in lead and lithium as well , for more details pls contact me at or contact me at +918708881773

        well a brief explanation
        lithium ion cell can be setup at 300cr not including land/infrastructure and raw material
        lithium ion battery assembly plant can be set under 2cr not including raw material and land /infrastructure

    • Lithum needs mixed carbonates in manufaturing process
      Is it possible to know which mixed carbonates is used by these manufaturers.
      I do have cleaner way of making these products

      • Hello Dr. Bansilal,
        Do you have raw materials for LIFP cathodes in your manufacturing scope.?
        You can share the details to my email ID:
        Warm Regards
        SayeeGanesh K

    • hello startup here am consultant for battery manufacturing unit setup , mainly in lead and lithium as well , for more details pls contact me at or contact me at +918708881773

      well a brief explanation
      lithium ion cell can be setup at 300cr not including land/infrastructure and raw material
      lithium ion battery assembly plant can be set under 2cr not including raw material and land /infrastructure

      • Can we reuse the lithium for new LIBs, after the recovery of lithium metal from waste LIBs by extraction process.
        Because in India waste LIBs are available in large scale.
        Please give your answer.

  • Hello,
    I got so much knowledge from your site. very useful information. I appreciate all the efforts u put in for this website. Thanks a lot.
    But I was looking for the business opportunities for a common man in this sector.
    I mean I can do some small investment but not large one. but I want to do some business in this sector and that’s how I came across your site. I live in Canada. Please let me know or share links about it if u can. Highly appreciate.

  • Hi admin

    please include Qwik Power Industries India LLP ( Qwik Batteries ) in the list

  • i want to start a small unit lithiom ion battries manufacturing unit in maharastra india , have land

    • hello nitin here am consultant for battery manufacturing unit setup , mainly in lead and lithium as well , for more details pls contact me at or contact me at +918708881773

  • Lithium-Ion Battery Maker ATL Buys 180 Acres Of Land In Haryana; Plans To Invest Rs 7,000 Crore In India

    • I want to start the production of LIB at Ankleshwar,Dist:Bharuch,Gujarat. Can anyone guide me for this??? For start up how much place , investment , man power (skilled/unskilled) it will need??? If any of companies looking for openings in Gujarat they I’m ready to do partnership.

  • I am a battery consultant based in Bangalore. I hold M.Sc; D.Sc degrees from Indinan Institute of Science in electrochemistry. I used to be head of R&D at AMCO BATTERIES ( TAFE POWER SOURCES) for several years . Subsequently I am operating as consultant to many SMEs manufacturing lead-acid battery manufacturers . In 2018, I published a book on ” MANUAFACTURE OF LEAD -ACID BATTERY PLATES FOR MSMEs”. Book has helped several SMEs to improve their product quality.
    My book on “LITHIUM -ION BATTERY FOR MSMEs” is scheduled to be published in Dec 2020. Since the investment of a full-fledged plant is beyond the means of many small scalers, I am suggesting a pilot plant which can give a turn over equivalent to 10-15 Lead batteries a day. The interment will be about Rs one crore . The investment will be spread over 3 tranches. E-mail: 9845049975

    • hello startup here am consultant for battery manufacturing unit setup , mainly in lead and lithium as well , for more details pls contact me at or contact me at +918708881773

      well a brief explanation
      lithium ion cell can be setup at 300cr not including land/infrastructure and raw material
      lithium ion battery assembly plant can be set under 2cr not including raw material and land /infrastructure

    • hi sir
      I like start lithium-ion battery manufacturing. so pls send contact me at

  • Hello, I got lot of information from by reading the article and it is a very good to know about the future technology. I just want to know about the HSCL Company ltd. If you can it will be very good….

  • I want to establish lithium ion battery assembly olplant in north India can anyone givee guidance how we can do .


  • I am interested in lithium scrap not ina new one

  • hello startup here am consultant for battery manufacturing unit setup , mainly in lead and lithium as well , for more details pls contact me at or contact me at +918708881773

    well a brief explanation
    lithium ion cell can be setup at 300cr not including land/infrastructure and raw material
    lithium ion battery assembly plant can be set under 2cr not including raw material and land /infrastructure

  • Anybody interested in recycling and extraction of Lithium, cobalt, nickel and even manganese, I have the technology.Looking for a small investor.Just 5-7 lakhs.Offering partnership in company.

  • Nice article. I have been personally using Leafcell Electros battery power pack for my e-bike. It is worth mentioning them as I am quite satisfied with the mileage, (

  • we are interested in assembling plant of Li-ion batteries by importing li-ion cells from other countries, meanwhile till our own country start mass manufacturing of the cells, please guide, how to start and also share your comments based on region of the country if it affects the cost in that.

  • Dear EVReporter Team

    Good to find the details listed on the lithium ion battery segment. We (Manikaran Power Ltd) are setting up a battery raw material project which would be manufacturing lithium hydroxide plant- producing 20,000 LCE likely to be commissioned by 2024 mid. Would be happy to connect with players who would be keen to explore sourcing opportunities in this context. Im further sharing my details for connecting –


  • Hello
    I would like to inform again That I am Prof-Dr-Eng Ali from Libya , The manger of new solar panel project in the Metlawi company ,
    Since three weeks ago one of may engineering requested a full turn key offer for lithium ion battery factory with two product lines
    The first line is for car batteries ( 50 Ah-55 Ah, 60 Ah, 70 Ah) and voltage of 12 v) , While the other one is for solar battery bank ( 150 Ah,200 Ah, 250 AH 300 Ah) with voltages ( 12 v, 24 v, 48 v, 96 v) This our request and your designer can select the other design parameters to get this capacities and voltages. And I think our engineer did not explain well the required . I will send you some questions and i hope that your offer will contain the answer because this will us to make the feasibility study as soon as possible and to start our discussion to complete the final process

    Best regards


  • Hi, I would like to know whether the low-cost lithium-ion manufacturing technology given by ISRO to the aforementioned 10 companies will be subleased to other small-time investors to manufacture under their branding?

    • Dear Sir, I am Interested lithium-ion Battery Distrybutor of Kolkata.
      Any Good & Best Quality Manufacturers please Contact me.
      Thanks Naresh Mukherjee.
      Telecom Infrastructure Service.
      Antariksh Bhawan .
      Nazrul Sarani.
      City Centre.
      Durgapur 713216.
      M & What’s App 91 7001229216.

  • Hi EV Reporter
    Nice to see somany interested in Lithium Ion cells , We at Jyothsna Li-Tech Pvt Ltd are starting a Lithium ion cell Manufacturing Plant in Bangalore by this year end , NMC and LPF technology , Hope Lithium ion cell importers from China will have an option to by in India in future. write us @

  • Hi sir
    I am interested saarting Li battery manufacturing big unit I want consulting persion ply conduct 93377 77777

  • we want to setup a Lithium ion cell manufacturing setup. require project consultant.
    please call me 7018290572.

  • I am based in RAIPUR Chhattisgarh. Had a trial of converting existing 4,3&2 wheels to Electric version. if there is any serious LIB producer please call to deal for customised reocuring supply.

  • Dear Sir,
    We need Lithium Battery of specification: BR435, 3V, Required qty: 200 Pcs. This we need in our Limit Switch assembly purpose. After assembly we are exporting to Germany. If available please send us your best quotation, availability & other terms.

  • we are interested in starting manufacturing of batteries for EV’s, we require a consultant to guide us with that, about scope and viability of the project in haryana. Brij mohan singh,


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