{"id":88794,"date":"2026-10-26T12:49:00","date_gmt":"2026-10-26T12:49:00","guid":{"rendered":"https:\/\/english.saigonbiz.com\/vn\/?p=88794"},"modified":"2026-10-27T02:00:14","modified_gmt":"2026-10-27T02:00:14","slug":"battery-market-in-india-to-reach-25-51-billion-by-2032-led-by-secondary-batteries-and-growing-ev-adoption-mordor-intelligence","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/battery-market-in-india-to-reach-25-51-billion-by-2032-led-by-secondary-batteries-and-growing-ev-adoption-mordor-intelligence\/","title":{"rendered":"Battery Market in India to Reach $25.51 Billion by 2032 Led by Secondary Batteries and Growing EV Adoption | Mordor Intelligence"},"content":{"rendered":"<p><em>The India battery market is projected to grow at a 10.46% CAGR through 2032, driven by rising electric vehicle adoption, supportive government incentives, and expanding energy storage and backup power needs.<\/em><\/p>\n<p align=\"left\" style=\"padding-left:0px;\">Hyderabad, India, Oct.  26, 2026  (GLOBE NEWSWIRE) &#8212; According to a recent report by Mordor Intelligence, the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UKUya-_WFeuEeWyPB1OMpLvniA77qBaBVFUuZQAlyAzkqYenZI7m_brKl59zSI5aLSVmUtC41r8yq4cejskrr_eyR9uLCxbi_JEg0-sNonnnmq7QYlK8TpRtS-lClRV3dWFK8fPWENs6E18t8VvhaIRCqa1x2nY7nkXDZD9WC9qNQxjdylc5OjIn7RUzad38\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>India battery market<\/b><\/a> is projected to grow from <b>USD 15.51 billion in 2027 <\/b>to <b>USD<\/b> <b>25.51<\/b> <b>billion<\/b> by <b>2032<\/b>, registering a <b>10.46%<\/b> <b>CAGR<\/b>. Rising EV adoption, government incentives, and growing demand for energy storage are driving expansion. However, import dependence, supply chain uncertainties, and limited recycling infrastructure remain key challenges. Falling battery costs are supporting electric two-wheelers, while demand from data centers, telecom, and grid storage is creating new opportunities. Emerging technologies, including sodium-ion and solid-state batteries, could further reshape the market.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Upcoming Trends &amp; Developments:\u202f<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Growing Electric Two- and Three-Wheeler Adoption<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\">The increasing use of electric two- and three-wheelers is boosting battery demand in India. As more vehicles enter the market, manufacturers can expand their service networks and benefit from a growing need for battery replacements.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Rising Demand for Backup Power in Digital Infrastructure<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\">The expansion of telecom networks and data centers is increasing the need for dependable backup power. This creates opportunities for battery suppliers offering energy storage solutions, maintenance, and replacement services.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Dependence on Imported Critical Minerals<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\">India\u2019s battery industry relies heavily on imported minerals, exposing manufacturers to supply disruptions and rising costs. Global trade restrictions add further uncertainty, while international partnerships offer potential alternatives for securing raw materials.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><i>&#8220;India battery market is gaining momentum as electric vehicle adoption expands and demand for reliable energy storage increases,This assessment combines structured research and cross-market validation to help <\/i><i>decision-makers<\/i><i> understand market trends, key growth drivers, and emerging opportunities across battery technologies and applications,<\/i><i>\u201d says Himanshu Vasisht, Senior Research Manager, Mordor Intelligence. <\/i><\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights<\/b><b>: <\/b><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lnP2HD1BzT0vDwiga01ncNlClnORP6neeyQgux6EKa9w8mgH0Qav87b6GLJBuJHjaYn1NIXdj28tU8fV917z8EcB-PU4DphgXWHpcB1v0QbtF_0zCbim7SAitH5fZ4koRieM97s9m7JkiFeZTTl3JM3f34z4IrUClawcqZeQpiCzwhGDOrnYoBjL-XF1YGEenpOx6h_M0StPz5yPbdN9l7dZqxlhI_JgAY_1EQF_mZKT4HUhefAZjiAOoYP_Cw5rWrT6JUFQQU65MamKqURnXBK7PyihK6Kr2LH5dHhuChuXjNS0ZBPNqiAlzqOUTUUr\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>https:\/\/www.mordorintelligence.com\/ja\/industry-reports\/india-battery-market?utm_source=globenewswire<\/b><\/a><b>\u00a0<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>India <\/b><b>Battery Market<\/b><b> Industry Segments<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>By Battery Type<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Primary Batteries\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Secondary Batteries\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px;\"><b>By Technology<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Lead-Acid Batteries\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Lithium-Ion Batteries\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Nickel-Metal Hydride Batteries\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Nickel-Cadmium Batteries\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Sodium-Sulfur Batteries\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Solid-State Batteries\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Flow Batteries\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Emerging Battery Chemistries\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px;\"><b>By Application<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Automotive (HEV, PHEV, and EV)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Industrial (Motive Power, Stationary Storage, Telecom, UPS, and ESS)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Portable Applications (Consumer Electronics, etc.)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Power Tools\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Starting, Lighting, and Ignition (SLI)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Other Applications\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px;\"><b>India battery <\/b><b>Market Share by Region<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Western and Southern India<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\">Maharashtra benefits from growing demand for grid-scale energy storage, while Karnataka strengthens the market through battery manufacturing and technical expertise.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Eastern, Northeastern, and Himalayan Regions<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\">These areas offer emerging opportunities through renewable energy storage projects and supportive policies. Rajasthan is also encouraging battery storage deployment, creating demand for installation, maintenance, and long-term operational services.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>For a comprehensive analysis of India\u2019s battery market, including key growth drivers, market segmentation, regional trends, and the competitive landscape, explore the full report from Mordor Intelligence &#8211;\u00a0<\/b><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lnP2HD1BzT0vDwiga01ncNlClnORP6neeyQgux6EKa_JlrEYaLb_G72mcYZ8KQ6vW3KmjIHHQVSSOqKYJ2uSO5F9p5i8-89qyjbLeUfWcvAT3L7ggWy6FxisAaAE41a1OvP9FLUtgNVqv3cmuC2pCe3sqJ8zTNuBFlUkuTikgzLTM8z_iktitukoJxKVNPYVVbKTBADrDP-JhbAknZ_g5laPmXsD8IYRdcIJvhy2DCv6dcP3yhKIP5smtDr-jQdELQJ2OudcbGZnWHv6-T8Va-NuY4cSLLGUqp5qwwd-3B8=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><b>https:\/\/www.mordorintelligence.com\/industry-reports\/india-battery-market?utm_source=globenewswire<\/b><\/a>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>India Battery Companies:<\/b>\u00a0<\/p>\n<ul type=\"disc\">\n<li>Exide Industries Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Amara Raja Energy &amp; Mobility Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Luminous Power Technologies Pvt. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>HBL Engineering Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Tata AutoComp GY Batteries Pvt. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Okaya Power Pvt. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Ola Electric Mobility Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Reliance New Energy Battery Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Rajesh Exports Ltd. (ACC Division)\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>GODI India Pvt. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Panasonic Energy India Co. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>LG Energy Solution India Pvt. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>JSW Energy Battery Division\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Ather Energy Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Hero Electric Vehicles Pvt. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Su-Vastika Systems Pvt. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>iPower Batteries Pvt. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Trontek Electronics Pvt. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Evolute Solutions Pvt. Ltd.\u00a0<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>Waaree Energies \u2013 Battery Storage Division\u00a0<\/li>\n<\/ul>\n<p align=\"left\" style=\"padding-left:0px;\"><b>Explore Popular Market Research Reports from Mordor Intelligence<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>India <\/b><b>t<\/b><b>ransformer <\/b><b>m<\/b><b>arket<\/b>: India transformer market report is segmented by power rating, cooling type, phase, transformer type, and end user. Market estimates and forecasts are provided in USD value.\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lnP2HD1BzT0vDwiga01ncNlClnORP6neeyQgux6EKa_JlrEYaLb_G72mcYZ8KQ6vW3KmjIHHQVSSOqKYJ2uSO5fk3hko78WuLPgsowpAyS9mjuUqxu9sbDzUpIuFeOWz6dt5E9kzOup46Q7iuSWpVwBwj8ON_mXsRnw-mwtlQKz040atzhT2Mhh8LWKvUDq7AoFpYIQNCZj7QzdWnxZFD0W6AFPlYOI_gWPpJj944i3RwvFi9eyP8CYvzIo2sR5UNJMFptGLwUYcltpNNmAnnSBCc8bZCnwW7ZtXeVbT0Ikefpyd7Wn64FRhcDYmTMes\" rel=\"nofollow\" target=\"_blank\" title=\"\">https:\/\/www.mordorintelligence.com\/industry-reports\/india-transformer-market?utm_source=globenewswire<\/a> \u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>India <\/b><b>D<\/b><b>iesel <\/b><b>G<\/b><b>enerator <\/b><b>M<\/b><b>arket<\/b>: India diesel generator market report is segmented by capacity, application, and end user, covering residential, commercial, and industrial sectors.\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lnP2HD1BzT0vDwiga01ncNlClnORP6neeyQgux6EKa_JlrEYaLb_G72mcYZ8KQ6vW3KmjIHHQVSSOqKYJ2uSO0LC_Sm86beOTYbgIjAiFrHgp7Q6106Z3Dx4IxMmAIobuISxAxZM8jbAHbRAZ3NWZk2iUEhFQ6VL5OTVQEiqH1MpPGX27f5btjy2mCWmFehmILMMR3U3YU0f0-8zW3U_w-S92UNqDUHZOePSwyIi3DH3U_cJaZaAQgeI3-VFODIhYPlrQbbX2ZGBJiawGEeZj_4mgxMVWv-aDrg4nIQyf6lWtH0is5UYN1TdUVhjjo25\" rel=\"nofollow\" target=\"_blank\" title=\"\">https:\/\/www.mordorintelligence.com\/industry-reports\/india-diesel-generator-market?utm_source=globenewswire<\/a>\u00a0\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>India <\/b><b>l<\/b><b>ubricants <\/b><b>m<\/b><b>arket<\/b>: India lubricants market report is segmented by product type, end-user industry, and base stock type.\u00a0<br \/>\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lnP2HD1BzT0vDwiga01ncNlClnORP6neeyQgux6EKa_JlrEYaLb_G72mcYZ8KQ6vW3KmjIHHQVSSOqKYJ2uSO7gEsy75wTxg6n4J3VaSrff52S__MLApg1qiANuSSlTcKJKbUO_adCnGMXj-xp75Uxy4Rn6Gm728wk8x9AWIJ07VonkchnQKY-wzQ7WFl8tUqhyTkKYQbz1edd4yA55vAOHLtXQ5b9tk-KL85s-wVgDvWa5kORuHVlxa7XXgfAwwQWc5aZRLc4XqVKoHFMC56FryRi-HHKyBf7_KXHLJ9pMn19F5zHf7C8v73H5xm3oy-n9Wnv3_MC9eKMFDzyrgFg==\" rel=\"nofollow\" target=\"_blank\" title=\"\">https:\/\/www.mordorintelligence.com\/industry-reports\/india-lubricants-market-industry?utm_source=globenewswire<\/a> \u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\"><b>About Mordor Intelligence\u202f<\/b>\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\">Mordor Intelligence is a global market intelligence firm, founded in 2014, helping businesses make informed decisions through data-driven insights, industry expertise, and advanced analytics. With 550+ domain experts and on-ground specialists across 150+ countries, the company delivers comprehensive intelligence across aerospace &amp; defense, agriculture, automation, automotive, chemicals &amp; materials, consumer goods &amp; services, electronics, energy &amp; power, financial services, food &amp; beverages, healthcare, hospitality &amp; tourism, information &amp; communications technology, and logistics.\u202f\u00a0<\/p>\n<p align=\"left\" style=\"padding-left:0px;\">Its offerings include <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=m9GgzNLcByANOOgiK_O0Vw_fy3FclTx8OFm_7g2yH5ufalhjFzK2UCIW9Mh1ZxGqBa02gqECxIQ3-1oD3thr1hjSNRy4bfKyqvbRn1kpY0unQH-K8E9-3CN2iQBC693WVhDA_A2fP_9XYbPx8eITPjkin53n-cChoIlLL8VqgxeSYBdOraA6ck5uUVB8rPd5\" rel=\"nofollow\" target=\"_blank\" title=\"syndicated industry reports\">syndicated industry reports<\/a>, custom research and advisory, and subscription platforms such as Synapse, Data Center Intelligence, and\u202f<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FU7Y4KrGarEv7caooRvF-qCg8CrFPs4-OKkcEm08ykHTEek3DIImUgXJPg0EdlwdUz6PyCzxrtQxsHUkqmseMXfvGUJiZRXznaLTdnK_WCYeoDYzzXKh0W_-vIrOZwPVlRc7LBx6fkR9Q7KInhueBg==\" rel=\"nofollow\" target=\"_blank\" title=\"Robotics Intelligence\">Robotics Intelligence<\/a>. Mordor Intelligence is ISO 9001:2015 and ISO\/IEC 27001:2022 certified, a member of ESOMAR and the Market Research Society of India, and a four-time Great Place to Work\u00ae honoree.\u00a0\u00a0<\/p>\n<pre>CONTACT: For any inquiries, please contact:\n\nmedia@mordorintelligence.com\n\nhttps:\/\/www.mordorintelligence.com\/contact-us <\/pre>\n<p><img alt=\"\" src='https:\/\/ml.globenewswire.com\/media\/NTRlYTRjNTgtMDk1Ni00NWZmLWIzYmYtNjZjYjY4MDliOGJmLTEyNjMzNjAtMjAyNi0xMC0yNi1lbg==\/tiny\/Mordor-Intelligence-Private-Li.png' referrerpolicy='no-referrer-when-downgrade' \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The India battery market is projected to grow at a 10.46% CAGR through 2032, driven by rising electric vehicle adoption, supportive government incentives, and expanding energy storage and backup power needs. Hyderabad, India, Oct. 26, 2026 (GLOBE NEWSWIRE) &#8212; According to a recent report by Mordor Intelligence, the India battery market is projected to grow [&#8230;]\n","protected":false},"author":1,"featured_media":88795,"comment_status":"open","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-88794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globe-newswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Battery Market in India to Reach $25.51 Billion by 2032 Led by Secondary Batteries and Growing EV Adoption | Mordor Intelligence - Biz and Live in Saigon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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