29 July 2023
Table of Content
1. Overview: Lithium Ion Battery Manufacturing Industry in India
2. Top 10 Lithium Ion Battery Manufacturers in India
2.1. Exide Industries Limited
2.2. Amara Raja Batteries Limited
2.3. LG Energy Solution India Private Limited
2.4. Panasonic Life Solutions India Private Limited
2.5. Samsung SDI India Private Limited
2.6. Loom Solar Private Limited
2.7. Okaya Power Private Limited
2.8. BYD Electronics India Private Limited
2.9. Reliance New Energy Solar Limited
2.10. Amperex Technology Private Limited
Overview Lithium-Ion Battery Manufacturing Industry
India’s lithium-ion battery manufacturing and export industry is poised for exponential growth, propelled by the burgeoning demand for electric vehicles (EVs) and energy storage solutions. With a projected compound annual growth rate (CAGR) of over 40%, the industry is set to reach a staggering valuation of USD 15 billion by 2025. Currently, India boasts a total production value of USD 3 billion, exporting lithium-ion batteries worth a remarkable USD 1 billion annually. Driving this growth are major players like Tata AutoComp Systems, Exide Industries, and Amara Raja Batteries, along with global giants like LG Energy Solution and Samsung SDI. India’s strategic location, abundant mineral resources, and supportive government initiatives like the Production Linked Incentive (PLI) scheme are further fueling the industry’s expansion.
Top 10 Lithium Ion Battery Manufacturers in India
Exide Industries Limited
Established in 1947, Exide Industries Limited is India’s largest-selling battery company, catering to diverse industries with a comprehensive range of products, encompassing automotive batteries, industrial batteries, and power backup solutions. Spearheading the lithium-ion battery revolution in India, Exide’s portfolio encompasses a variety of chemistries, including LiFePO4 (Lithium Iron Phosphate) and LTO (Lithium Titanate Oxide), catering to the evolving needs of electric vehicles, energy storage systems, and various industrial applications. Exide’s lithium-ion batteries are renowned for their exceptional performance, safety, and durability, making them a preferred choice among leading OEMs and end-users in India. The company’s position among the top 10 lithium-ion battery manufacturers in India is a testament to its strong manufacturing capabilities, unwavering commitment to innovation, and unwavering focus on customer satisfaction.
- Website: www.exideindustries.com
- Email: IndranilPr@exide.co.in
- Phone number: +91 33 2302 3400
Amara Raja Batteries Limited
Amara Raja Batteries Limited, established in 1985, is a leading Indian multinational manufacturer of industrial, automotive, and lithium-ion batteries. The company holds a prominent position in the Indian storage battery industry, catering to a diverse range of applications, including automotive, telecom, power electronics, and motive power. Amara Raja’s lithium-ion battery portfolio encompasses cells, battery packs, and charging solutions for Light Electric Vehicles (LEVs) and the telecom industry. Renowned original equipment manufacturers (OEMs) like Maruti Suzuki, Hyundai, Ford, Tata, and Mahindra & Mahindra are among the company’s clientele. Amara Raja’s dedication to innovation and technological excellence has positioned it as one of India’s top 10 lithium-ion battery manufacturers.
- Website: www.amararajabatteries.com
- Email: amararaja@amararaja.com
- Phone number: +91-40-23139000
LG Energy Solution India Private Limited
LG Energy Solution India Private Limited, a subsidiary of the South Korean multinational LG Energy Solution, has emerged as a leading manufacturer of lithium-ion batteries in India since its establishment in 2022. The company serves a diverse range of industries, including automotive, energy storage, and consumer electronics, offering a comprehensive portfolio of high-performance lithium-ion batteries, encompassing cylindrical, pouch, and prismatic types. LG Energy Solution India’s dedication to innovation, quality, and sustainable practices has propelled it to a prominent position among the top 10 lithium-ion battery manufacturers in India.
- Website: www.lgensol.com
- Email: lewco@lgensol.com
- Phone number: +91-9871804348
Panasonic Life Solutions India Private Limited
Panasonic Life Solutions India Private Limited, a subsidiary of the Japanese multinational Panasonic Corporation, is a leading manufacturer and provider of lithium-ion batteries in India. Established in 1967, Panasonic India has been serving a diverse range of industries, including consumer electronics, automotive, healthcare, and energy storage. The company offers a comprehensive portfolio of lithium-ion batteries, including prismatic, cylindrical, and pouch cells, tailored to the specific needs of its clients. Panasonic India’s unwavering commitment to innovation, quality, and sustainability has positioned it as one of the top 10 lithium-ion battery manufacturers in India.
- Website: www.lsin.panasonic.com
- Email: info.plsind@in.panasonic.com
- Phone number: +91-22-41304130
Samsung SDI India Private Limited
Samsung SDI India Private Limited is a South Korean multinational electronics company established in 1970. Its product portfolio includes lithium-ion batteries, electronic materials, and energy storage systems. Samsung SDI India manufactures a wide range of lithium-ion batteries, including small-sized batteries for mobile devices, large-sized batteries for electric vehicles, and energy storage batteries for residential and commercial use. The company’s target market encompasses consumer electronics companies, automotive companies, and energy providers. Samsung SDI India is recognized among the top 10 lithium-ion battery manufacturers in India due to its strong technological prowess, global presence, and dedication to quality.
- Website: www.samsungsdi.com
- Email: sdimaster@samsung.com
- Phone number: +91-12-04551750
Loom Solar Private Limited
Loom Solar Private Limited, founded in 2017, is an Indian manufacturer of solar panels and lithium-ion batteries. They offer a diverse range of lithium-ion battery technologies, including lithium iron phosphate (LiFePO4) and lithium-ion polymer (Li-ion polymer), serving a wide range of industries such as residential and commercial solar power systems, electric vehicles, and energy storage solutions. Their high-performance batteries are renowned for their exceptional lifespan, safety, and reliability, cementing Loom Solar’s position as a frontrunner in India’s lithium-ion battery landscape.
- Website: www.loomsolar.com
- Email: sales@loomsolar.com
- Phone number: +91-11-4013 0202.
Okaya Power Private Limited
Okaya Power Private Limited, an Indian company established in 1993, is a prominent manufacturer of batteries, offering a comprehensive range of products for various applications, including inverter and solar batteries, SMF/VRLA batteries, and e-rickshaw batteries. Their high-performance and reliable batteries cater to a diverse spectrum of industries, including power backup, solar energy, and electric vehicles. Okaya Power’s unwavering commitment to innovation and sustainable practices has earned them a position among the top 10 battery manufacturers in India.
- Website: www.okaya.in
- Email: okayacare@okaya.in
- Phone number: +91-9818909090
BYD Electronics India Private Limited
BYD Electronics India Private Limited, a subsidiary of BYD Co., the world’s leading electric vehicle manufacturer, has emerged as a prominent Indian lithium-ion battery manufacturer since its establishment in 2007. They specialize in producing a range of high-performance, durable lithium-ion batteries, including lithium iron phosphate (LFP) and lithium nickel cobalt manganese oxide (NCM), catering to diverse industries such as automotive, consumer electronics, and energy storage. Their batteries have garnered recognition from leading companies like Apple, Huawei, and Samsung, solidifying their position among India’s top 10 lithium-ion battery manufacturers.
- Website: www.bydautoindia.com
- Email: customercare@byd.com
- Phone number: +91-44-27601088
Reliance New Energy Solar Limited
Reliance New Energy Solar Limited (RNESL) is an Indian multinational company established in 2020 as a wholly-owned subsidiary of Reliance Industries Limited (RIL). The company is a leading player in the renewable energy sector, with a focus on manufacturing and supplying solar photovoltaic (PV) modules, cells, and wafers, along with providing engineering, procurement, and construction (EPC) services for solar power projects. RNESL’s lithium-ion batteries are primarily used in the automotive, consumer electronics, and energy storage sectors. Major clients include original equipment manufacturers (OEMs), battery pack assemblers, and renewable energy project developers. RNESL is among the top 10 lithium-ion battery manufacturers in India due to its vertically integrated manufacturing capabilities, strong brand recognition, and commitment to innovation.
- Website: www.ril.com
- Email: info@ril.com
- Phone number: +91-22-35555000
Amperex Technology Private Limited
Amperex Technology Private Limited, an Indian subsidiary of the global lithium-ion battery giant Amperex Technology Limited, was established in 2011. Headquartered in Bengaluru, India, the company specializes in manufacturing high-performance lithium-ion batteries, including cylindrical and prismatic cells, for various applications, encompassing smartphones, tablets, laptops, power banks, and energy storage systems. Their clientele comprises leading global brands in the electronics and energy sectors. Amperex Technology Private Limited distinguishes itself as a top lithium-ion battery manufacturer in India due to its unwavering commitment to innovation, stringent quality control measures, and unwavering focus on customer satisfaction.
- Website: www.atlbattery.com
- Email: Marketing@ATLBattery.com
- Phone number: +91-40-01009115
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