6 days ago

India Plans ₹13,000 Crore Battery Component Incentive Push

India Plans ₹13,000 Crore Battery Component Incentive Push
India eyes ₹13,000 crore battery component push to reduce reliance on China: Report · businesstoday.in

India wants to make more of the parts used in batteries at home.

The government may offer ₹13,000 crore to help companies build these parts.

The parts include materials inside batteries, liquid electrolytes, separator film and copper foil.

Many Indian battery makers currently buy these parts from China.

India considers this dependence a risk for its economy and energy security.

The new plan would add to an existing programme supporting large battery-cell factories.

Some companies in that programme have been delayed because important equipment and parts were not available.

The goal is to build a stronger Indian battery industry for electric vehicles and energy storage.

Key facts

Proposed support
₹13,000 crore in incentives for battery-component manufacturing
Covered components
Anode active materials, cathode active materials, electrolytes, separator film and copper foil
Existing cell scheme
A 50-GWh advanced battery incentive programme
Capacity awarded
40 GWh had been awarded under the existing programme by March
Reported project hurdles
Technology availability, skilled-worker shortages, delays in critical imported equipment and unavailable upstream components
Ola Electric outlook
Ola Electric has begun limited cell production and expects capacity to reach around 6 GWh

Sources

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