Top 10 India Lithium-Ion Batteries Companies in India | Manufacturers & Suppliers 2024

Top India Lithium-Ion Batteries Companies in India

India lithium-ion batteries Market has been seeing significant growth on the back of the increasing demand for electric vehicles as well as energy storage systems. This factor makes the market highly competitive with various key players contributing to its growth. These players are constantly investing in research and development activities to enhance the performance and efficiency of lithium-ion batteries. The players also focus on increasing their production capacities to meet the expanding demand from numerous industries. There has also been a rise in the use of lithium-ion batteries in consumer electronics like smartphones, laptops, and tablets. This has added more to the India Lithium-Ion Batteries Market growth.

Moreover, government policies to promote domestic production of these batteries have attracted investment from domestic as well as international players. This led to the formation of new manufacturing facilities in the country, creating employment opportunities and flourishing the overall industry growth. India Lithium-Ion Batteries Market, as per 6Wresearch, is projected to attain a CAGR of 15% during 2021-2027.

List of Leading Companies in the India Lithium-ion Batteries Market 

1. Exide Leclanche Energy Private Limited

Exide Leclanche Energy Private Limited is headquartered in Sabarkantha, Gujarat, India and it is a joint venture between Exide Industries Limited(India) and Leclanche SA(Switzerland). It provides batteries for industries like automotive, telecommunication, and energy storage.

2. Livguard Technologies Private Limited

Livguard Technologies Private Limited operates in India through its head office in Gurgaon, Haryana. It provides lead acid batteries and lithium-ion batteries for industries like automotive, energy storage, and solar energy.

3. Okaya Power Pvt. Ltd

Okaya Power Pvt. Ltd is a part of Okaya Power Group. The company operates in India through its head quarter in New Delhi. Okaya Power manufactures batteries and provides for applications like Inverter and Solar, E-rickshaw, SMF, and EV charging solutions.

4. Samsung SDI Co. Ltd.

Samsung SDI Co. Ltd. operates in India through its headquarter in Noida, Uttar Pradesh, India. The company manufactures lithium-ion batteries and provides for application like, Electronics, Automotive and Energy Storage System.

5. HBL Power Systems Limited

HBL Power Systems Limited is headquartered in Hyderabad, India and has subsidiaries in Germany and USA. The company manufactures products like batteries, concrete and power electronics for industries like Defence, Telecom, Oil & Gas and Power utilities.

6. Amperex Technologies Limited

Amperex Technologies Limited is headquartered in Hongkong. The company operates in India through its head office in New Delhi. The company manufactures lithium-ion batteries and provides for applications like Smart Phones, Tablets, Power Banks and Drones & Robots.

7. Luminous Power Technologies Pvt. Ltd.

Luminous Power Technologies Private Limited is headquartered in New Delhi, India and has presence in 36 countries. The company offers product like Inverter Batteries, Solar Batteries, Auto Batteries, Stabilisers and High-Capacity Inverter & UPS.

8. TDS Lithium-Ion Battery Gujarat Private Limited

TDS Lithium-Ion Battery Gujarat Private Limited is headquartered in Gujarat, India. It is a joint venture between between TOSHIBA Corporation, DENSO Corporation and Suzuki Motor Corporation. The company manufactures and supplies lithium-ion  batteries to Maruti Suzuki and Suzuki Motor Gujarat.

9. Future Hi-Tech Batteries Limited

Future Hi-Tech Batteries Limited is headquartered in Mohali, Punjab.  The company offers the wide range of lithium-ion batteries for the industries like Automotive, Electronics, Telecommunication, Energy Storage System and Pharmaceutical.

10. Bharat Electronics Limited

Bharat Electronics Limited is headquartered in Bangalore, Karnataka, India. Bharat Electronics Limited is an Indian Government-owned aerospace and defence electronics company. It is one of nine PSUs under the Ministry of Defence of India.

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