The backbone of rechargeable batteries powering EVs, grid storage, and consumer electronics. India imports nearly all its lithium and is racing to secure domestic and overseas supply.
Why it matters for India: India's EV ambitions hinge on lithium availability. With domestic reserves recently discovered in Jammu & Kashmir and Rajasthan, companies across mining, chemicals, and battery manufacturing are positioning for the lithium value chain.
Sectors represented: Automobile and Auto Components, Chemicals, Capital Goods, Oil Gas & Consumable Fuels
...So far, Exide has invested Rs.1,530 crore as equity in EESL, including an investment of Rs.440 crore in October 2023. •EESL is engaged in the business of manufacturing and selling lithium-ion battery cells, modules and packs for India's electric vehicle market and stationary applications. It is a green field project and the onsite construction works are going on in...
...a) Enhancement of planned electrolyte capacity from 250 MTA to 1,000 MTA to be ready by FY24; b) Further Expansion of an Electrolyte capacity to 5,000 MTA to be operational by FY25; c) Expansion of Specialty Lithium Salts capacity from 400 MTA to 1,000 MTA (232m 3 ) to be operational by FY25; d) Greenfield expansion of Electrolyte and Specialty Lithium Salts...
...The noble objectives are epitomised by the brand’s flagship product – advanced lithium-ion battery packs and modules for e-vehicles. For more information, please visit: https://www.kolsite.com and https://www.battrixx.com For further details please get in touch with: DISCLAIMER: Certain statements in this document may be forward-looking statements. Such forward-looking statements are subj...
...Ltd.; Reliance Jio Infocomm UK Limited; Reliance Jio Infocomm USA, Inc.; Reliance Lifestyle Products Private Limited; Reliance Lithium Werks B.V.; Reliance Lithium Werks USA LLC; Reliance Luxe Beauty Limited; Reliance Mappedu Multi Modal Logistics Park Limited; Reliance Marcellus LLC; Reliance NeuComm LLC; Reliance New Energy Battery Storage Limited; Reliance New Energy Carbon Fibre Cylinder Li...
...Under his leadership, the group has achieved market leadership in its key products and expanded into new products and markets like carbon black, lithium-ion battery material, construction chemicals etc. Mr. Amit Choudhary is a Whole-time Director of the Company. He is a commerce graduate. He has been looking after the project expansions and implemen...
...ARBL’s progression in testing and launching lithium products is continuing as per plan, and we see a good potential for both Lead and Lithium in the Telecom segment. The increasing demand for continuous power and the expanding potential of data centres has created a larger need for UPS batteries. Data centres are projected to grow from a 950MW installed capacity to 2000MW by...
...The largest single item is for Rs 60 crores, for the Lithium lon cell production plant. There will be no borrowings needed to finance the total capex. This is for your information and record. The meeting commenced at 10:30 a.m. and ended at 12:45 pm. Yours faithfully For HBL Power Systems Limited GBS Naidu Company Secretary Regd. Office : HBL Power Systems...
...a) To enter into the manufacturing of Electrolyser for Green Hydrogen, b) Lithium Ion Advanced Chemistry Storage Cell and Energy Storage System manufacturing plant The Company will come out with a detailed plan and investment for the aforesaid 2 projects in next 2 months. WAAREE Energies Ltd. Registered Office: 602, Western Edqe-l , Western Express Highway, Borivali IE), Mumbai-400 066. INDIA T...
...Elsewhere, demand for our PETRORES®and LiONCOAT® specialty coatings for energy storage continues to expand, as these products are important materials in lithium-on batteries for electric vehicles. Read more page 48 Rain Industries Limited 32 −Lithium-ion batteries −Tyres −Adhesives −Coatings −Solvents for inks and paints −Insulation foams −Asphalt sealers −Construction materials −Printing ink...
...59 reducing carbon emissions as well as reducing our Opex costs. ▪ We have initiated deployment of Lithium and VRLA combination using state of the art HSBTS switch, the same shall enable reduction in diesel costs and emissions while using economics and charging characteristics of VRLA and Lithium batteries. We believe that these renewable energy solutions, advanc...
...The Toshiba Denso Suzuki Lithium-ion Battery Gujarat Private Limited (TDSG) is India’s first lithium-ion battery manufacturing plant with cell level localisation. TDSG is a collaboration between Toshiba, Denso and Suzuki. TDSG, with cell level localisation will take India one step closer to its electrification journey. The Company sources lithium-ion battery packs used in Smart Hybrids vehicles...
...For efficient energy and environment conservation, we have started replacing normal lead acid battery with lithium ion batteries since the lead acid battery has an advantage of about 50 % efficiency as compared to lithium ion batteries. It has already been executed in 250 branches across the county. 4. We are powering maximum possible branches with solar energy. 5. Addition of 7 electric and 3...
...Equally promising is Nigeria’s emergence as a lithium powerhouse. Lithium has become a critical mineral of the clean- energy age, powering electric vehicles, solar batteries, and next-generation electronics. Nigeria’s reserves, if harnessed responsibly, can position the country as a major supplier to global green technology markets. At present, illegal mining denies the state nearly USD 9 Billi...
...Countries in South America such as Argentina, Chile and Bolivia have significant reserves of lithium, which has attracted investment from companies in the lithium industry. The growing demand for lithium carbonate in recent years due to the growing demand for electric vehicles, solar energy, and consumer electronics globally. This has, in turn, led to a growing demand for soda ash, whic...
...Two, Three, Four and Multi Wheeler including E-Cart, Electric Cars, Electric Buses, Electric heavy weight Vehicles that can be charged through Solar Energy or Electricity generated through any renewable / non-renewable source of Power and (ii) Spare Parts thereof inclusive of any equipment (like motors, controllers Power trains, Batteries or any advanced energy ...
...Upgraded Power Management →Transitioning from traditional VRLA batteries to advanced lithium batteries with longer lifespans and lower maintenance needs. →Exploring alternative battery technologies, including zinc-based solutions, to optimise performance, cost-effectiveness, and uptime planning. Process Automation Deployment of automation across critical support sys...
...The newly built expanded capacity at Silvassa consist of lithium Ion MHE (warehouse truck & forklifts) leading to efficiency, energy saving and further additions towards ESG goals. B. Capital investment on energy conservation equipments: During the year, the Company has invested INR 7.5 Cr in Rooftop Solar energy (captive), Clean Energy for processing (PNG) & Li-ion (Electric) Material Handling...
...Our R&D team has also created a prototype lithium-ion battery system for submarines in collaboration with M/s QMAX as our technology partner. MDL has validated an innovative shaft alignment procedure, completing the propeller shaft line assembly at the dry dock. This innovation has resulted in significant cost savings and reduced vessel build time. We have also developed state-of-the- art...
...The Electric Vehicle market is projected to sharply, grow 146 times by 2050, pushing the demand for metals such as lithium, cobalt, manganese and nickel. Hence, despite the lithium sector’s recent high valuations, major mining companies are actively pursuing deals to capitalise on the strong sector outlook. Reshaping portfolios: Many mining companies are using consolida...
...Demographic shifts, continued shift from rigid to flexible packaging, evolving retail formats, and the rise of e-commerce have increased per capita packaging material consumption, which combined with accelerated demand growth in electrical and industrial applications 16 Polyplex Corporation Limited | Annual Report 2023-24 besides newer applications in lithium- ion batteries for EVs are expec...
...213 Total suppliers *By BOM value excluding lithium-ion cells **For Ather 450X LR 99% E2W components procured through domestic vendors* 65% Components multi-sourced** Partnerships with large technology players We have direct arrangements with leading technology suppliers to procure selected components, such as lithium-ion cells, motors and semiconductors. These partnerships allow us to utilise ...
...lithium-ion Battery Industry The lithium-ion battery market is expected to witness remarkable growth, with a projected market size of uS$ 135.1 Billion by 2031, a significant increase from uS$ 48.6 Billion in 2023. This growth is anticipated to be driven by the growing adoption of lithium-ion batteries in the renewable energy sector and plug-in vehicles. Additionally, the market...
...Additionally, to further underpin the future potential and strategic importance of the Mount Bevan tenement, Legacy signed a joint venture agreement for lithium and other minerals with Hancock in June 2023. The Agreement formalises terms for Hancock to earn-in to all non-iron minerals, focusing on the exploration and development of lithium and other critical minerals. The South Laverton Project...
...138 — 139 Hindalco Industries Limited Integrated Annual Report 2024-25 Corporate Overview Strategic Overview Creating and Sustaining Value Awards and Recognition Standards and Frameworks Statutory Reports Financial Statements Introduction Development of Low Soda Boehmite for Lithium-ion Battery Separator Application Boehmite (-AlOOH) is monohydrate aluminium oxide and a Super Value-Added Pro...
...We are capitalising on the rapidly growing EV market with the establishment of a technically superior lithium-ion battery pack manufacturing plant near Pune, announced in April 2025, where we are set to commence production in January 2026. This modular, automated facility shall use our in-house battery technology and Maxwell’s expertise in Battery Management Systems (BMS). We have secured a I 3...
...The electric two-wheeler industry is going through a transformation on account of reforms due to new safety guidelines, as well as the revision of the incentive schemes due to which our Lithium-ion battery business witnessed disruptions. To de-risk this aspect, your Company has developed solutions for three-wheeler industry, as well as for energy sto...
...Lithium supply, vital in battery, could be affected by zero-covid policies in China, the world’s largest lithium refiner. Different countries are encouraging local sourcing to counter these foreseeable challenges. According to EIU, global new-car sales is expected to rise by 0.9% in CY2023, held back by squeezed consumer spending, high commodity prices and production shutdowns cau...
...Extraction of raw materials such as aluminum, iron, lithium for batteries causes deforestation, soil degradation and pollution leading to a gradual loss of bio diversity. This may cause legal implications from regulatory bodies and can cause loss of reputation. 1. Considering bio diversity while managing supply chain can positively impact in re...
...The lithium-ion battery recycling market in India is projected to grow at a robust CAGR of 41.1% from 2025 to 2032. This growth is driven by increasing electric vehicle adoption, favourable government policies, and rising demand for lithium- ion batteries. Key players in this sector include Exigo Recycling, RecycleKaro, Lohum Cleantech, and Attero Recycling. [20] Fermentation Technology Growth:...
...Currently, anode powder – a critical material for lithium-ion battery production is entirely imported from China. Credible research indicates that India’s domestic demand for anode powder is projected to reach 100,000 to 140,000 tons annually by 2030, driven by the scaling up of local cell manufacturing. With commercial operations in place, we will be well-positioned to capture a share of...
...2.Hybrid battery bank solutions Installation of advanced VRLA (Valve-Regulated Lead-Acid) batteries and lithium-ion batteries. Resulting in saving of 13,167 L of diesel. 3.Green sitesTransformation of the Company sites into eco-friendly ones. 48% of its network sites, have been tagged as green sites. Resulting in a decrease of 100 L diesel per quarter. 4.Network site sharingSite sharing...
...An eco-friendly alternative to lithium-based greases, offering superior thermal stability and longer re-greasing intervals. Free from heavy metals and toxic EP additives, it ensures safer handling and reduced environmental impact. Synthetic Ester Based Neat Cutting oils: A fully ester-based, biodegradable cutting oil that offers high performance and energy savings during machining, while su...
...In the Union Budget 2023-24, measures such as the elimination of customs duties on the import of capital goods and machinery used to manufacture lithium-ion cells for batteries used in electric vehicles (EVs) will result in reduction in input costs and encourage domestic production of lithium-ion cells. The reduction in basic customs duty is expected to deepen...
...We are accelerating solarisation of network sites and deploying lithium-ion and VRLA batteries to minimise impact on environment. We continue to take strides in advancing diversity and inclusion within our workforce, launching programmes to increase representation, foster inclusive workplaces and empower women. Women now represent over 60% of our campus recruitments, reflecting our commitment t...
...Next-gen battery chemistries Alkaline and Lithium solutions tailored for India Affordable rechargeable ecosystem Reliable, budget- friendly solutions for Indian consumers Smart, resilient lighting Energy-efficient, voltage-stable emergency bulbs and fans Advanced testing environments Simulating real- world Indian usage scenarios IoT integration Smart lighting and battery management features Ski...
...In order to support the renewable energy initiative, royalty rates for the extraction of three vital and strategic minerals [viz., lithium, niobium, and rare earth elements (REEs)] were specified to attract bidders in the auction process. The government also endorsed a viability gap funding (VGF) scheme to develop battery energy storage systems (BESS) by lowering storage co...
...One of the major drivers of this growth is the projected fall in lithium-ion battery prices. By 2025, the price of lithium-ion batteries is projected to drop below $100 per kilowatt-hour, spurred by improved manufacturing processes, increased economies of scale and stabilised raw material prices. 4 Indian Automotive Industry 5 India is the world’s third-largest passenger ve...
...A customs duty reduction from 21% to 13% on lithium-ion cells and the extension of subsidies on electric vehicles have been announced. The allocation for the FAME-2 scheme has been doubled for FY24, supporting the adoption of electric vehicles. PLI Schemes: The Government has announced PLI Schemes for Automobiles, Auto Components, Advanced Chemistry Cells (ACC), and other sectors, aiming to boo...
...The project offers discharge cycles well beyond the typical 2 to 4 hours of lithium-ion batteries. Leveraging industrial-grade mechanical components, such as turbines, compressors and pressure vessels, the system provides a location-agnostic and durable (20 years or more) energy storage alternative to other long duration (8 hours or more) systems such as pumped hydro ...
...25,654- 45Proposal for procurement of Ten e-vehicles (8-seater) with Lithium Battery under the Green Mobility initiative of AIIMS Jammu Campus. 1,600- 46Proposal for purchase of Kitchen equipment’s and Support towards feeding nutri-tional meal for visitors in Kumbh Mela, 2025, Prayagraj, Uttar Pradesh State under HUDCO’s CSR and further use of equipment’s in mid-day meals activities...
...Electricity generated through any renewable / non-renewable source of Power and Spare parts thereof inclusive of any equipment (like motors, controllers, Power trains, Batteries or any advanced energy storage devices like lithium ion battery, super capacitors, fly wheels, GPS systems and its variants which can store energy in form of Electrical, Chemical and Mechanical Form like battery, capaci...
...However, the energy transition drove chemical demand, with new government policies spurring investment in clean energy technologies like EVs, lithium- ion batteries, and solar panels. The industry supports over 75% of emissions reduction technologies needed for net- zero goals by 2050, with over 100 projects expected online in CY 2024. (Source: https://www.marketsandmarkets.com/PressReleases/gl...
...It has a range of more than 100 km per charge and the advanced Lithium-ion technology battery ensures a charging time of less than four hours. Soon after the launch, Zor Grand registered 12,000+ bookings through strategic MoUs with leading logistic companies like Mahindra Logistics, Magenta EV Solutions, MoEVing, EVnow, Yelo EV, Zyngo and more. ZOR GRAND ELECTRIC A Game-changer in...
...There was a sharp decline in crude oil, natural gas, coal, lithium, lumber, cobalt, nickel and urea realisations. Regional growth (%) FY2023 FY2022 World output 3.26.1 Advanced economies 2.5 5 Emerging and developing economies 3.86.3 Performance of major economies • United States: Reported GDP growth of 2.1% compared to 5.9% in 2021 • China: GDP growth is expected to contract...
...There was a decline in crude oil, natural gas, coal, lithium, lumber, cobalt, nickel and urea realisations. Brent crude oil dropped from a peak of around USD 120 per barrel in June 2022 to USD 80 per barrel at the end of the calendar year following the enhanced availability of low-cost Russian oil. Regional growth (%)20222021 World output3.26.1 Advanced economies2.55.....
...One of the most significant announcements in the budget is the reduction in customs duty on lithium batteries from 21% to 13%. This move could significantly reduce the cost of manufacturing EVs in India, as lithium-ion batteries account for a significant portion of the total cost of EV. The government has also reduced the Goods and Services Tax (‘GST’) on the sale of....