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Lithium-ion battery storage: India’s import dependency to fall to 20% by FY27

The GoI has taken initiatives on several demand-side measures, such as Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, Viability Gap Funding (VGF) scheme for Battery Energy Storage System (BESS), helping to bring down cost of EV and BESS, thereby stimulating demand. Read more

Mahanagar Gas partners with IBC to build lithium-ion cell plant in Bengaluru

Designed to meet India’s specific needs, the lithium-ion cells offer features like long warranties, fast charging, safety, high-temperature performance, recyclability, and easy integration into battery packs.Read more

IESA to host international summit on lithium-ion batteries in New Delhi

The summit is expected to witness the participation from potential giga factories like AMARA RAJA, Exide Energy, Reliance, TATA Agratas, JSW Energy, Ola Electric, and more.Read more

Atlas Copco’s electric pumps optimise lithium extraction at Chilean mine

In 2023, Chile accounted for roughly 24% of global lithium production, estimated at 44,000 metric tons. This is a more than 15% year-on-year increase.Read more

Deccan Gold Mines Ltd.’s subsidiary DGMoZ, ships first lithium ore to China

The shipment, totalling 150 tons with a grade of 2.5% Li?O, marks DGML’s debut in the fast-growing lithium market.Read more

India to become top lithium-ion battery exporter in 5 years: Nitin Gadkari

The Indian government has introduced an Rs 181 billion production-linked incentive (PLI) scheme to establish advanced chemistry cell (ACC) manufacturing facilities, targeting 50GWh of domestic production.Read more

Balaji Amines nears deal with lithium battery manufacturer

In fiscal 2022, Balaji Amines commissioned a DMC and propylene glycol plant as part of its greenfield project, making it the sole manufacturer of these products in India. Read more

G&B unveils India’s first lithium-ion cell forklift with 100% indigenous BMS

The benefits of Li-ion technology are extensive and transformative, offering more than 4 times longer battery life compared to traditional lead-acid batteries. Read more

LICO Materials and Sanvaru Technology join hands to recycle Lithium batteries

This collaboration is focused on closing the loop by recovering critical minerals and supplying them back to battery manufacturers. Read more

Policy push and new technologies to drive electrical vehicles sales in India

Though the electric vehicle (EV) penetration in India is only 6.8 per cent (in FY24), the growth opportunity in the EV sector is only going to go up in the future driven by shifting consumer preferences, strong governmental support and technological progress, says Rakesh Rao.Read more

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