Securing India’s battery supply chain is more critical than ever
AI-summarised brief · reviewed before publication
India's battery supply chain remains heavily reliant on imports, particularly from China, despite growing demand for battery electric vehicles and grid-based battery energy storage systems. The country's ambition to reduce crude oil import dependence is being offset by an equivalent dependence on foreign battery cells. Ola Electric is the sole domestic battery cell manufacturer to have commissioned production capacity since the launch of the Union government's PLI scheme, which aims to target 50GWh of domestic cell manufacturing by 2025.
💡 Why It Matters
- · The parallel between India's rising battery import bill and its crude oil import bill underscores the country's vulnerability to supply chain disruptions.
- · As India continues to electrify its roads and grid, its dependence on foreign battery cells risks undermining its energy security and economic growth.