Lithium Battery Manufacturers in India: an overview
India's main support for domestic cell making is the production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery storage, which the Union Cabinet approved on 12 May 2021 with an outlay of ₹18,100 crore. It aims for 50 GWh of cell capacity and requires each winner to invest ₹225 crore per GWh and reach 60% domestic value addition within five years. By July 2026, 40 GWh had been awarded, and the Ministry of Heavy Industries invited bids for the last 10 GWh, reserved for grid-scale storage, with bids due on 13 October 2026.
Actual cell output is still small. A JMK Research and IEEFA review found that only 1.4 GWh had been commissioned on schedule by October 2025, all of it by Ola Electric at its Krishnagiri gigafactory, and that Ola had cut its own target to 5 GWh by FY2029. Exide Energy Solutions commissioned a 6 GWh first phase at Devanahalli near Bengaluru in September 2026, starting with LFP cells. Amara Raja began running a 60 MWh qualification line in Telangana in July 2026 ahead of a 2 GWh commercial line, and Tata's Agratas expects its Sanand plant to make NMC cells from early 2027.
Most companies on this list assemble packs and storage systems from cells. Amara Raja opened the first 1.5 GWh phase of its pack plant at Divitipalli in August 2024, part of a planned 5 GWh of pack and 16 GWh of cell capacity at the site. Tata AutoComp's joint venture with Gotion opened a 6 GWh battery energy storage plant in Pune in November 2023. Cygni Energy rates its Maheshwaram factory near Hyderabad at 4.8 GWh, Exicom says it has deployed more than 450,000 lithium-ion batteries, and Coslight India makes lithium-ion and VRLA batteries at Una and IMT Manesar.