Top 10 Lithium Ion Battery Manufacturers in India

With the development momentum of the global Lithium Battery industry, major companies in India have also begun to develop lithium Ion batteries, the following is the introduction of the Top 10 Lithium Ion Battery manufacturers in India. NPP Power set up an office in India, welcome to contact our technical team, our professional technicians will customize the best lithium battery and lead acid battery solutions 

Top 10 Lithium Ion Battery manufacturers in India

Servotech Power Systems

Servotech Power Systems Ltd
Established Time2004
Headquarters locationIndia, Delhi

As early as 2021, Servotech Power Systems plans to build an off-grid solar power project for UPNEDA in Uttar Pradesh. According to the released letter of intent, off-grid power stations will be set up in various government offices in the state. In 2023, Servotech Power Systems said it had secured an order for 2,649 electric vehicles (EVs) from state-owned refiner Bharat Petroleum. It also plans to install 5,000 electric vehicle charging stations across the country. Servotech Power Systems said it has established a subsidiary, Servotech Power Infrastructure, to operate as a charging point for electric vehicle chargers.

Exide Industries

Exide Industries
Established Time1947
Headquarters locationKolkata, India

Indian battery manufacturer Exide Industries plans to set up a battery factory in India with an annual capacity of less than 10 GWh. Exide said that the batteries produced at the new plant will be suitable for electric vehicles and stationary applications, but Exide will not develop its own batteries. Exide’s move was further supported by Chinese battery manufacturer SVOLT Energy.

Under the agreement, SVOLT Energy will license Exide to use, develop and commercialize its battery technology and will assist Exide in setting up a battery factory to produce lithium-ion batteries in India. The exact location of the plant has not been announced, but it is likely to be a new state-of-the-art manufacturing facility, which SVOLT Energy has at least pledged to support.

SVOLT Energy has developed and is producing a variety of batteries, including lithium iron phosphate (LFP) batteries and so-called cobalt-free batteries (binary lithium nickel-manmanate batteries that remove cobalt from ternary nickel-cobalt-manganese batteries), and it is unclear which battery technology the company has licensed to Exide. Subir Chakraborty, CEO of Exide, said its batteries, which will be assembled in three different ways using two popular battery chemistry components, will meet the different needs of Indian customers.

Exide is participating in India’s National Advanced Chemical Battery (ACC) storage program, which is linked to production incentives from the Ministry of Heavy Industries. In 2019, India announced that it will soon launch a tender for lithium-ion battery projects to plan the construction of 50 GWh of lithium-ion battery production capacity in India.

Amara Raja Batteries

Amara Raja Energy & Mobility Ltd
Established Time1947
Headquarters locationTirupati, Andhra Pradesh, India

India’s traditional battery manufacturer Amara Raja Batteries Ltd will build a lithium-ion battery assembly plant as part of its plan to tap the Indian electric vehicle power supply market. It is said that by 2030, the Indian electric vehicle power supply market will grow to $300 billion. The battery maker is setting up a 100 MWH assembly plant in the southern state of Andhra Pradesh, and the company is working closely with the Indian Institute of Technology.

“There are currently no lithium-ion battery production plants in India. Amara Raja still needs to import cells from manufacturers like LG Chem and Panasonic to assemble the battery packs, “said AliIzadi-Najafabadi, head of smart mobility at Bloomberg New Energy Finance,” the targeted annual assembly volume is small.” This indicates that Amara Raja is primarily interested in winning demand for the second phase of the FAME scheme, which is expected to subsidize a limited number of electric buses and tricycles.”


Amperex Technology Limited
Established Time1999
Headquarters locationHong Kong

In 2020, the Indian government had planned to spend $4.6 billion (about 31.4 billion yuan) in subsidies by 2030, waving to the global lithium battery industry chain. Hope to change the Indian lithium battery industry is still in the initial stage of the situation: in the global automotive battery with lithium-ion technology as the mainstream today, India’s lithium battery industry technology is backward, most of the raw materials need to be imported from China. India’s local lithium battery supply chain is only engaged in end-assembly, and global investors are still concerned about entering the Indian lithium battery industry.

In August 2020, one year after the haze incident, Haryana City, 40 kilometers from New Delhi, a piece of land of 730,000 square meters, etc., came to its Chinese owner – ATL.

Tata Chemicals

Tata Chemicals Limited
Established Time1939
Headquarters locationMumbai, India

Tata Chemicals, part of the Tata Group, has announced the establishment of a lithium-ion battery pack in Dolera. The company has acquired 126 acres of land and will invest 40 billion rupees (about $600 million). The plant will start with a capacity of 10 GWh, after which it is expected to expand to 50 GWh.

Tata Chemicals previously entered into a non-exclusive memorandum of understanding (MOU) with the Vikram Sarabhai Space Centre of the Indian Space Research Organisation (ISRO) for the transfer of the latter’s lithium-ion battery technology. ISRO has been using internal lithium-ion batteries to power its satellites and launch vehicles. The company is reportedly looking for business opportunities related to exploration and import of lithium from Bolivia.

Okaya Power

Okaya Power Group
Established Time1987
Headquarters locationDelhi, India

Okaya company in India has more than 40 years of history, its charging pile, photovoltaic, electric motor, new energy vehicles and other businesses, is also India’s third largest battery manufacturer, 2022, Okaya’s electric motor sales ranked 6th in the country in 2024, OKAYA new models will use Chenhan intelligent instruments.

NPP Power

NPP Power Group
Established Time2002
Headquarters locationGuangzhou, China

NPP Power was founded in 2002, long-term focus on traditional Lead Acid Battery power products and new energy products research, development, production, sales, products including valve control lead-acid batteries (UPS batteries, solar batteries, colloidal batteries), new energy lithium batteries, lithium batteries, etc., the products sell well at home and abroad.

At present, NPP Power Supply has six large independent production bases, including Guangzhou NPP Power Supply Co., LTD., Chenzhou NPP Power Supply Co., LTD. Chenzhou NPP Company and Henan NPP Company are national certified high-tech enterprises.

NPP adheres to the customer-centric, continuously creates value for customers, and achieves exquisite and extraordinary details with the spirit of craftsmanship. It has successfully won the trust of top international enterprises such as China Mobile, China Telecom, Siemens, IBM, HP and GE, and has established long-term and stable cooperative relations.

NPP Battery Product Series


Waaree ESS Pvt Ltd.
Established Time1989
Headquarters locationSurat, Gujarat, India

Waaree Energy is one of the largest vertically integrated new energy companies in India, founded in 1989 and headquartered in Mumbai, India, belonging to the Waaree Group. The company has the largest solar panel manufacturing capacity in India at 12GW and is a leading player in EPC services, project development, solar roof solutions, solar inverters and solar water pumps, as well as an independent power producer.

Loom Solar

Established Time2018
Headquarters locationFaridabad, Haryana, India 

Loom Solar is an Indian manufacturer of solar panels and lithium batteries. It was founded in 2018 by two brothers, Amol and Amod (formerly Schneider, Airtel). The company helps homeowners lower their electricity bills in urban areas, while in small towns, it helps consumers get 24X7 power by installing solar panels and energy storage systems on roofs. The company currently supplies electricity to 50,000 homes.


Panasonic Corporation
Established Time1918
Headquarters locationOsaka, Japan

Panasonic has decided to open a battery manufacturing plant in India with the support of the Indian government’s battery-related policies. It is reported that Panasonic has notified the Indian government of this matter and plans to carry out battery manufacturing operations locally. Supply batteries to Indian automakers such as Mahindra & Mahindra, Tata Motors and Volkswagen Group. Panasonic has decided to open a battery manufacturing plant in India with the support of the Indian government’s battery-related policies. It is reported that Panasonic has notified the Indian government of this matter and plans to carry out battery manufacturing operations locally. Supply batteries to Indian automakers such as Mahindra & Mahindra, Tata Motors and Volkswagen Group.

Read More: Top 10 Lithium Ion Battery Manufacturers in USA

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