Need for Advanced Chemistry Cell Energy Storage in India

Summary

India aims to significantly scale up energy storage and EV adoption to meet its ambitious 2030 non-fossil fuel and emissions reduction targets, currently relying heavily on imports for advanced battery technology. The government, through NITI Aayog, is advocating for and implementing policies, such as the Production-Linked Incentive (PLI) scheme, to foster a domestic advanced chemistry cell (ACC) battery manufacturing ecosystem. This initiative aims to establish India as a major global hub for advanced cell manufacturing, with projections indicating a demand for up to 26 gigafactories by 2030 under an accelerated scenario, though the country currently has negligible manufacturing capacity at this scale.

Key Facts

Source Document

https://example-government.gov/policy-document-link