Top 10 Battery Manufacturing Companies in India

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The battery manufacturing industry has risen as a critical component of India’s industrial growth scheme as the nation boosts towards renewable energy and electric cars. Battery manufacturing companies in India have been booming due to government incentives such as “Make in India” and Production Linked Incentive (PLI). The domestic battery industry is supported by rapid growth driven by heightened demands in automotive, renewable energy, consumer electronics, and industrial markets. As the world supply chain keeps changing and India struggles to become a manufacturing hub, battery manufacturing in India is changing quickly. 

This development is not only the result of domestic needs but also of India’s willingness to become a major global provider of energy storage solutions. Indian battery production firms are increasingly turning to advanced technologies, green strategies, and increased capacity to efficiently serve domestic and international consumer markets.

Key Drivers Fueling the Indian Battery Manufacturing Sector

  • EV Revolution: The advancement in electric vehicles in India has created huge demand for high-end batteries, making the manufacturers chase production and technology.
  • Renewable Energy Integration: The government’s ambitious aims for renewable energy require massive energy storage infrastructure, that is, demanding advanced battery technologies.
  • Self-Reliance Push: Billions of dollars in financial backing from Atmanirbhar Bharat and PLI programs are attracting both institutional and foreign investment to battery manufacturing in India.
  • Technological Advancements: Companies in India are actively investing vast amounts in the development of battery technology research aimed at the development of lithium-ion, sodium-ion, and solid-state batteries.
  • Supportive Regulations: Sustainable growth is being supported by current regulations, which dictate battery recycling while demanding high standards of safety and localized business.
  • Global Supply Chain Realignment: Around the world, it seems that companies are looking to replace China for battery production, and India’s companies are proving to be one of the best options.

Top 10 Battery Manufacturing Companies in India

1. Exide Industries Ltd.

Exide Industries is known to be the then biggest battery manufacturing company in India, with over seven decades in the industry, and is one of the top Battery Manufacturing Companies in India. With Exide Energy Solutions, the company has gone on a systematic phaseout of its portfolio from conventional lead-acid batteries to state-of-the-art lithium-ion technology. With operations in six Indian manufacturing plants and distribution spread across more than 40,000 outlets, Exide dominates about 60% of the automotive battery market and is rapidly expanding its footprint in industrial and renewable energy storage applications.

Key Products

  • Exide Matrix: Already-maintained-free cutting-edge automotive batteries.
  • SF Sonic: Automotive batteries with outstanding resistance to vibration performance.
  • Exide PowerSafe: Engineered batteries that can be used in Uninterruptible Power Supplies (UPS) and backups.
  • Exide Solar: Products focused on supporting the solar energy systems through the delivery of effective storage abilities.
  • Exide Inverlast: Inverter-specific deep cycle batteries, designed for maximum performance.
  • Exide Li-ion: Lithium-ion-point-of-the-art-solutions for the electric vehicle and stationary storage markets.

Market Presence

A national coverage, which is backed by strong exports to over 40 countries in South Asia, the Middle East, Africa, and Europe.

Recent Developments

Set up a 12 GWh lithium-ion cell production plant in Gujarat in collaboration with world-class international technology companies.

2. Amara Raja Batteries Ltd.

After solidifying their presence as a major competitor in the Indian battery manufacturing market, Amaron, Amara Raja’s flagship brand, dances to a different tune. And it has grown this way, expanding carefully and innovating continuously. As one of the leading Battery Manufacturing Companies in India, Amara Raja’s advanced manufacturing centres in Andhra Pradesh and Telangana have allowed it to become a primary lynchpin innovator of valve-regulated lead-acid (VRLA) batteries and the fast-emerging segment of automotive, industrial, and renewable energy lithium-ion technologies.

Key Products

  • Amaron Pro: State-of-the-art automotive batteries based on silver-enriched technology.
  • PowerStack: Technology-intensive batteries tailored to commercial and industrial needs
  • Quanta: Strong and dependable Industrial Uninterruptible Power Supply (UPS) and Telecom backup batteries.
  • Amaron Volt: Specialized two-wheeler battery series
  • PowerZone: New developments in saving energy obtained from renewables
  • Amaron E-Mobility: Battery systems that are high-performance and highly efficient and tuned for the electric vehicle market.

Market Presence

It is impressive domestic market penetration, with large volumes sold to more than 35 countries in SE Asia, Middle East, and Africa.

Recent Developments

Opened a lithium-ion battery research institute and suggested goals for a 10 GWh gigafactory in a joint venture with the global technology corporations.

3. Luminous Power Technologies

From being a traditional inverter and UPS manufacturer, Luminous Power Technologies is today the cornerstone of the overall solution for the energy market, with a focus on battery manufacturing. As one of the prominent Battery Manufacturing Companies in India, in support of Schneider Electric, the company has been able to beef up its product supply and manufacturing possibilities across the globe.

With units of operations in Himachal Pradesh and Haryana, Luminous operates advanced production units that specialize in the creation of maintenance-free batteries and sophisticated energy storage solutions for residential, commercial, and renewable industries.

Key Products

  • Luminous Red Charge: High-powered tubular batteries suitable for home inverters.
  • Luminous Zelio+: Battery solutions for inverters that feature integrated digital functions
  • Luminous Solar: Solutions for batteries, innovated primarily for the integration of solar energy storage.
  • PowerX: Commercial-grade UPS battery solutions
  • RC Series: Battery systems using sealed technology suitable for critical applications.
  • Li-Life: High-end, advanced lithium batteries

Market Presence

Primarily a market leader for home UPS solutions, offering nationwide distribution both commercially and in rural areas.

Recent Developments

Brought to market the first AI-based home energy storage system, including remote diagnostics and a longer usage period in India.

4. Okaya Power Group

Okaya Power Group has catapulted into a leading and varied battery producer in India, with its ever-expanding product line. As one of the prominent battery manufacturing companies in India, Okaya has set up manufacturing hubs in Rajasthan, Himachal Pradesh, and Gujarat to increase its production capacity. The company has achieved considerable market praise for its efforts to develop next-generation battery technology, especially in the field of electric mobility. Being strategic alliance leaders across electric vehicle firms, Okaya has positioned itself as the leader of India’s clean energy movement.

Key Products

  • Okaya Traction: Batteries designed for use in the mobility and material handling environment, such as forklifts
  • Okaya Inverlast: Deep-cycle batteries for inverter applications
  • Okaya SMF: Automotive batteries that are sealed for life and require no routine maintenance.
  • Okaya EV Batteries: Lithium-ion technology battery packs are formatted for use in electric two- and three-wheelers.
  • Okaya PowerWall: Products for energy reserve at home and commercial environments.
  • Okaya Industrial: Industrial and uninterruptible power supply (UPS) batteries with strong performance.

Market Presence

A rapidly expanding distributor base with ove30,00000 dealers and 500 service points across the country.

Recent Developments

Developed a comprehensive EV battery manufacturing site that can produce 1 GWh of batteries a year and implemented battery swapping facilities for commercial electric cars.

5. Tata AutoComp Systems

A part of the famous Tata Group, Tata AutoComp Systems has become a major player in India’s Battery Manufacturing Companies, particularly in the scope of electric mobility. With strategic alliances and advanced technology, Tata AutoComp has transformed into a manufacturer of comprehensive battery making, from cell to module assembly and battery management systems. Tata AutoComp’s business model incorporates the entire battery manufacturing process, from raw materials handling, manufacturing, and recycling at the end of life.

Key Products

  • TACPack: Passenger electric vehicles may also enhance the use of the company’s lithium-ion battery packs.
  • TACVolt Commercial: Next-generation batteries for commercial usage, such as electric buses.
  • TACStore: Grid support storage solutions for energy grid needs.
  • TACPower Industrial: Customer-adapted batteries intended for the industrial mobility sector.
  • TACTherm: Systems that aid in temperature management within battery packs (boiler systems)
  • TACycle: Solutions for battery second-life utilization and end-of-life recycling.

Market Presence

A major supplier to big automotive Original Equipment Manufacturers with gaining influence on the energy storage sector.

Recent Developments

Formed a joint venture with an influential worldwide manufacturer of batteries to build a production unit that will be able to produce 5 GWh of cells from lithium-ion.

6. HBL Power Systems

HBL Power Systems has taken the center stage as a keen manufacturer of specialized batteries with a focus on its high requirements for the defence, aerospace, railways, and telecommunications sectors. With the combination of research excellence and technology partnerships, HBL has led its production processes for NICKEL-CADMIUM, SILVER-ZINC, and LITHIUM-BASED batteries. Recent manufacturing units in Telangana and Andhra Pradesh facilitate HBL’s approach to not overlooking the need for local markets while meeting export measures.

Key Products

  • HBL TORPEDO: Specialized batteries for underwater applications
  • HBL Railpower: High-performance batteries for railway signaling
  • HBL TELECOM: Long-life batteries for telecom infrastructure
  • HBL Aviation: Certified batteries for aerospace applications
  • HBL Industrial: Industrial batteries for life-long endurance.
  • HBL Li-Force: Lithium batteries of superior performance designed for demanding needs.

Market Presence

Has a significant presence in the specialty battery market, especially via significant defense and railway contracts.

Recent Developments

Chiede di creare un joint venture per produrre batteries innovative in materiali sviluppati all’interno per usi navali.

7. Panasonic Energy India Co. Ltd.

Operating in the dry cell battery industry in India, Panasonic Energy India (a division of the worldwide Panasonic Corporation) was formed in 1972 and has supported the dry battery market in India for this long, with its headquarters in Vadodara, Gujarat. Panasonic Energy India has carved itself a dominant footprint in the market among Battery Manufacturing Companies in India, in line with the global and India’s requirement as an environmentally conscious mercury-free country. Amid increasing demand for an eco-friendly source of energy, Panasonic Energy diversifies its portfolio by adding its well-deserved Eneloop rechargeable batteries into a high-quality line of daily-use electronics.

Key Products

  • Panasonic Zinc Carbon Batteries: Low-cost energy for the controls of remote controls and timepieces.
  • Panasonic Alkaline Batteries: Support the long-running of toys and various electronic gadgets.
  • Panasonic Coin Cell Batteries: Battery cells specially designed for watches and calculators.
  • Panasonic Rechargeable NiMH Batteries: An eco-friendly option for daily devices.
  • Eneloop Batteries: Cells that hold in charge for longer and can be recharged further.
  • Panasonic LED Flashlights: Long-lasting flashlights, the ideal item for household use and crises.

Market Presence

The company has a wide national retail coverage, and it is also targeting its export markets in South Asia and Africa.

Recent Developments

Expanded the range of Eneloop rechargeable batteries and paid attention to the issue of sustainability by providing mercury-free alternatives.

8. Eastman Auto & Power Ltd.

Eastman Auto & Power has successfully embedded itself into the Battery Manufacturing Companies in India industry due to its commitment to technology and being customer-friendly. Eastman Auto & Power has made major investments in the revival of its manufacturing operations in Haryana and Uttarakhand. Thanks to the provision of attention to quality control and adaptation of the product, the company has moved away from its initial automotive battery focus and now provides a complete range of energy storage products, which include those for renewable integration and electric vehicles.

Key Products

  • Eastman Automile: High-quality automotive batteries with cranking performance optimized
  • Eastman Tubular: Deep-cycle batteries for inverter applications
  • Eastman Solaris: Solar energy storage solutions that aim to provide large amounts of longevity and reliability.
  • Eastman E-Rickshaw: Purpose-built batteries for electric three-wheelers
  • Eastman Industrial: Heavy-duty batteries for industrial applications
  • Eastman Electra: Genuine lithium-ion batteries specially designed for advanced applications.

Market Presence

Possesses a well-distributed network across 1,000 + districts with high emphasis on the semi-urban and rural segment.

Recent Developments

Launched a complete battery and solar package designed for agriculture, with specific financing possibilities for farmers.

9. Livguard Energy Technologies

Offering a unique focus on innovation and coupling of smart tech in energy storage, Livguard Energy Technologies has become one of India’s key Battery Manufacturing Companies. Financial support from the SAR Group and world capital has made it possible for Livguard to grow its production capacity in Himachal Pradesh and Haryana quickly. Renowned for its avant-garde products, Livguard has won a reputation for manufacturing IoT-based battery monitoring systems and adaptive charging, which is capable of being adjusted for a wide range of applications.

Key Products

  • Livguard MaxX: Next-generation digital monitoring of their performance and state of the automotive batteries.
  • Livguard Inverter Plus: Better-tracked cycle life inverter batteries for better performance.
  • Livguard Smart Solar: New solar storage systems with real-time online monitoring facilities
  • Livguard Commercial: Heavy-duty batteries for commercial applications
  • Livguard LivLi: Uses artificial intelligence to maximize the charging of the battery for premium use cases.
  • Livguard Connect: Battery systems using IoT to provide predictive monitoring and maintenance suggestions.

Market Presence

Existence in over 25 states with over 25,000 retail stores and online retail expansion.

Recent Developments

Developed the first AI-driven battery management system in India that is customised to optimise the charging cycles based on the usage and other environmental factors.

10. Relicell Batteries (Greenvision Technologies)

Relicell is a battery brand from Greenvision Technologies that was founded in 2008, and it is located in Bengaluru, Karnataka. Its main area of expertise is in manufacturing reduced maintenance (i.e., sealed maintenance-free (SMF)) lead-acid batteries for UPS, solar, and telecommunications applications. As one of the leading Battery Manufacturing Companies in India, Relicell has a portfolio of cutting-edge research and rigorous quality practices, delivering world-class power solutions to various sectors, including infrastructure, IT, and renewables. In a tranche of the demand ahead, Relicell is venturing into the lithium battery technology field.

Key Products

  • Relicell VRLA Batteries: Maintenance-free sealed lead acid UPS and backup batteries.
  • Relicell Lithium Batteries: Compact Battery solutions can be quickly charged and meet widespread energy storage demands.
  • Relicell Solar Batteries: Batteries specially designed for long-term performance on solar systems.
  • Relicell EV Batteries: High-quality batteries formulated for use in electric vehicle applications.
  • Relicell Inverter Batteries: Enhanced power solutions designed specifically for inverters within the residential and commercial environments.
  • Relicell Battery Cabinets: Weather-resistant and secure battery storage and operating enclosures.

Market Presence

Invested in a broad network with international exports in markets of Southeast Asia, the Middle East, and Africa.

Recent Developments

Entered the market with a new range of lithium batteries and expanded its production capacity of solar and electric vehicle batteries.

Factors to Consider When Choosing a Battery Manufacturer in India

  • Technology Portfolio: Evaluate the manufacturer’s technology plans and investment in research and development, given the speedy evolution of new battery chemistries and design novelties. People who are dedicated to pioneering technologies such as solid-state batteries can create more sustainable value in the future.
  • Quality Certifications: Choose the manufacturers with ISO 9001, IATF 16949 and UL listings, the certifications of which will guarantee that they meticulously observe stringent quality control procedures meaningfully required for a reliable battery performance.
  • Production Capacity: Assess whether the manufacturer has capacity to increase production to meet growing demand from the market, a requirement for important activity or long-term arrangements for supply where dependable supply is needed.
  • After-Sales Support: Low-quality batteries may waste your money and time.
  • Sustainability Practices: Evaluate the extent to which the manufacturer is concerned with environmental sustainability, in terms of recycling, carbon emission reduction, ethical sourcing of lithium, cobalt, and nickel, amongst other raw materials.
  • Total Cost of Ownership: Determine the total economic impact of battery systems including metrics such as total numbers of charges, operational efficiency, maintenance, and disposal responsibilities of the end user.

Conclusion

Battery manufacturing companies in India are critical catalysts for the energy transition by driving the development of renewable energy and electric mobility through enabling technologies. Dynamic India plays host to such battery leaders as Exide traditional and Amara Raja traditional, as well as forward entrepreneurs like Livguard and Relicell Batteries. Since India is moving toward cutting-edge climate initiatives and energy supply, these battery players are not only meeting current demand but also playing a vital role in shaping the course of future energy development. Constant effort from authorities, if accompanied by technological advances and wise investments, will lift India’s battery manufacturing industry to a global player in energy storage. By the end of the next decade, these firms are set to scale up in production, implement cutting-edge technologies, and aid India’s path toward sustainability.

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FAQs

Which Indian firm dominates the battery market share the most?

Exide Industries has the overall largest market share in India’s battery industry, with a huge share in the automotive industry.

Are the Indian battery manufacturers moving to fabricate lithium-ion cells in India?

The momentum among the battery makers is also increasing and the major players like Exide, Amara Raja and Tata AutoComp are leading the effort in setting up large scale manufacturing plants for lithium-ion cells.

Indian battery producers are moving towards environmentally friendly production, for instance, by introducing recycling and environmentally friendly practices.

Numerous important actors in the field are current adherents of circular economy approaches and sustainable production, including the establishment of proper recycling programs.

What are the rapidly growing types of batteries in India?

Evolution in electric vehicle batteries and large-scale energy storage systems accounts for the fastest growth, and there is strong expansion of advanced home energy storage systems as well.

Do Indian battery producers export their products?

Indian battery makers are dispatching their goods to diverse places, i.e., South Asian, Middle Eastern, African and some in Europe and Southeast Asia.

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