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Indian Government’s Atma Nirbhar initiative has created many opportunities for Battery Makers in EV and Renewable Energy Portfolio. Today, EVs, Large Scale Solar + Storage, Hybrid, Industrial UPS backup systems are all powered by batteries. Keeping this in mind to secure the production against all potential supply-chain disruptions, the Government of India has made ambitious plans to indigenise cell and battery manufacturing. The likely economic opportunity from battery manufacturing to meet Indian EV targets is approximately INR 6 to 9 lakh crores by 2030 (NITI Aayog-RMI, 2018). This includes the imports of components to make battery packs and also limited cell production. With a target of 50 GWh, the NITI Aayog plan is planning support the establishment of anywhere between three to ten giga-factories of 20 GWh to 5 GWh capacity each in the country, multiple state governments are also offering capital subsidies to deliver the infrastructural need for such giga-factories such as Gujarat, Telangana, Andhra Pradesh, Karnataka etc.
Estimating the India market to account for over 300GWh (2019-25) considering ESS & EV opportunities, around USD 5 billion investments are expected to be attracted supporting 50+GWh capacities for multiple li-ion battery GIGA factories. Battery accounts for 40% of the total cost of manufacturing of the electric vehicle, Li-ion battery market in India is expected to increase from 2.9 GWh in 2018 to about 132 GWh by 2030, growing at a compound annual growth rate (CAGR) of 35.5%. The Li-ion battery market in India is expected to increase to about 132 GWh by 2030. India imported $1.23 Bn worth lof Li-ion batteries between 2018 and 2019. Having said this the LIB and Battery Businesses still needs a clear roadmap to enable a large-scale techno-economical ecosystem aligned with Indian requirements which includes technology and business partnership and bilateral trade agreements with various countries
RE Battery Show– It is co hosted at India Battery Show 2020. RE Battery show will discuss the RE Battery Business Landscape with focus on Policy, Projects & Tenders & Atmanirbhar Bharat PLI Scheme. It will have in depth discussions on types of Stationary Battery Storage options available for Utility & Rooftop projects. It will also discuss energy storage technologies available by battery type -Flow Battery, Advanced Lead-Acid, Lithium Ion & battery value chain and cell components. The RE Battery Show brings together the entire battery supply chain along with decision makers from the renewable energy space.
EV Battery Show– It is co hosted at India Battery Show 2020. Each expert-led session in EV battery show will deliver insight into the Indian EV battery market & commercial opportunities with special focus on new policy initiatives, upcoming schemes like PLI and Atmanirbhar Bharat to make India self-reliant in the EV ecosystem. This will also tackle relevant issues like next-generation battery development that can reduce manufacturing costs and OEM technology strategies for battery design and manufacturing. The EV Battery Show brings together manufacturers, engineers, and purchasers who are constantly in search of new business opportunities and technology upgradation, who can find value and benefits from attending.
This conference will deliver insight into key business and technical challenges & discover commercial opportunities for battery manufacturers who can benefit business. The conference will dive into key issues and trends affecting the advanced battery and EV/ ESS Industries. The goal of this event is to inform Battery Businesses & Stakeholders who would like to stay up to date on the constantly evolving landscape of India’s Dynamic EV & ESS Market and Plan A Winning Business Strategy. In this virtual event filled with technical sessions, panels, workshops, networking opportunities, live product demos, and more—all delivered through a state-of-the-art virtual platform.