India needs Rs 337.50 bn to set up Li-ion cell, battery plants
POWER & RENEWABLE ENERGY

India needs Rs 337.50 bn to set up Li-ion cell, battery plants

According to a report, India need Rs 33,750 crore in investments to meet the government's PLI aim of establishing 50 GWh of lithium-ion cell and battery production units.

According to an independent research released by the Council on Energy, Environment, and Water (CEEW), the country requires up to 903 GWh of energy storage to decarbonize its mobility and electricity sectors by 2030, and lithium-ion batteries will cover the majority of this requirement.

According to the study report, India requires investments of up to Rs 33,750 crore (USD 4.5 billion*) to meet the government PLI aim of establishing 50 GWh of lithium-ion cell and battery production units. CEEW, on the other hand, stated that at the time of authoring the report, the conversion rate was Rs 75 per US dollar.

The CEEW research 'How can India indigenously manufacture lithium-ion batteries?' estimates the material and financial requirements and provides a design for the domestic approach, as demand in India is likely to rise dramatically.

Earlier this month, the government reported that 5.9 million tonnes of lithium deposits had been discovered for the first time in the country in the Jammu and Kashmir district of Reasi.

To scale up domestic lithium-ion manufacturing, India should increase R&D spending, focus on battery cell component manufacturing and lowering material costs, and encourage recycling to reduce the demand for new materials, according to him.

To maintain competitiveness, the CEEW study suggests focusing on strategic mineral sources and pushing for research, development, and demonstration in all technologies.

Meanwhile, it stated that lowering the cost of manufacturing batteries through innovation and updating production techniques, as well as adopting regulatory changes to lower the cost of cell components, are critical.

Battery development and deployment will have far-reaching consequences for India's energy transition journey. India is currently import-dependent, but the government has already begun mobilising resources to indigenize battery cell manufacture, according to Dhruv Warrior, Research Analyst.

The focus on mineral processing and component manufacturing are, however, limited. The study estimates that the share of upstream component manufacturing and material processing can be as high as 61 per cent.

Going forward, India must develop its capabilities to build skills, technology know-how and infrastructure to indigenise this part of the value chain too, said Warrior.

Also Read
Nivasa unveils a vintage-themed range of furniture
Adani Cement's ACC and Ambuja to resume HP operations

According to a report, India need Rs 33,750 crore in investments to meet the government's PLI aim of establishing 50 GWh of lithium-ion cell and battery production units. According to an independent research released by the Council on Energy, Environment, and Water (CEEW), the country requires up to 903 GWh of energy storage to decarbonize its mobility and electricity sectors by 2030, and lithium-ion batteries will cover the majority of this requirement. According to the study report, India requires investments of up to Rs 33,750 crore (USD 4.5 billion*) to meet the government PLI aim of establishing 50 GWh of lithium-ion cell and battery production units. CEEW, on the other hand, stated that at the time of authoring the report, the conversion rate was Rs 75 per US dollar. The CEEW research 'How can India indigenously manufacture lithium-ion batteries?' estimates the material and financial requirements and provides a design for the domestic approach, as demand in India is likely to rise dramatically. Earlier this month, the government reported that 5.9 million tonnes of lithium deposits had been discovered for the first time in the country in the Jammu and Kashmir district of Reasi. To scale up domestic lithium-ion manufacturing, India should increase R&D spending, focus on battery cell component manufacturing and lowering material costs, and encourage recycling to reduce the demand for new materials, according to him. To maintain competitiveness, the CEEW study suggests focusing on strategic mineral sources and pushing for research, development, and demonstration in all technologies. Meanwhile, it stated that lowering the cost of manufacturing batteries through innovation and updating production techniques, as well as adopting regulatory changes to lower the cost of cell components, are critical. Battery development and deployment will have far-reaching consequences for India's energy transition journey. India is currently import-dependent, but the government has already begun mobilising resources to indigenize battery cell manufacture, according to Dhruv Warrior, Research Analyst. The focus on mineral processing and component manufacturing are, however, limited. The study estimates that the share of upstream component manufacturing and material processing can be as high as 61 per cent. Going forward, India must develop its capabilities to build skills, technology know-how and infrastructure to indigenise this part of the value chain too, said Warrior. Also Read Nivasa unveils a vintage-themed range of furniture Adani Cement's ACC and Ambuja to resume HP operations

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?