February 11, 2026
Time Technoplast Limited announced that its subsidiary, PowerBuild Batteries Private Limited, has entered into a business collaboration and exclusive distribution agreement with Monbat AD, a company listed on the Bulgarian Stock Exchange – Sofia. The agreement establishes a multi-year commercial collaboration to distribute advanced battery solutions in India. Under the arrangement, PowerBuild will exclusively distribute […]
January 30, 2026
Luminous Power Technologies has commissioned a lithium-ion battery assembly line with an annual production capacity of 500 MWh at its manufacturing facility in Baddi, Himachal Pradesh. The facility has been set up to manufacture standalone lithium-ion battery packs, stationary Battery Energy Storage Systems (BESS), and automotive battery packs for e-rickshaw applications, expanding the company’s manufacturing […]
January 28, 2026
Hindalco Industries Limited has announced a major expansion of its aluminium operations in Odisha, including a new smelter capacity addition and the commissioning of downstream manufacturing facilities. The investments form part of the company’s ongoing growth capital expenditure programme and are aimed at strengthening domestic supply chains for electric mobility, energy storage and advanced manufacturing. […]
January 5, 2026
Waaree Energies Limited said its subsidiary Waaree Energy Storage Solutions Private Limited has completed a strategic fund raise of approximately INR 10.03 billion to support the development of a 20 gigawatt-hour advanced lithium-ion cell and battery pack manufacturing facility. The fund raise forms part of an announced capital expenditure programme of around INR 100 billion […]
December 22, 2025
Godawari Power and Ispat Limited has made a further investment of INR 739.5 million in its wholly owned subsidiary, Godawari New Energy Private Limited, to support capital expenditure and working capital requirements for a battery energy storage system manufacturing project. The investment was completed through the allotment of preference shares on 16 December 2025 and […]
December 12, 2025
Naxion Energy, a Hyderabad-based sodium-ion battery manufacturer, has announced plans to invest INR 2 billion by December 2026 to expand its production capacity and establish a new manufacturing facility in Hyderabad. The company said the expansion is aimed at meeting rising demand for its battery technologies across mobility and energy storage applications. The company currently […]
December 11, 2025
Agratas, the global battery business of the Tata Group, is advancing construction work on its battery manufacturing facility in Sanand, Gujarat, which is planned to have an annual capacity of 20 GWh in its first phase. The company said the structural steel framework is nearing completion as activity accelerates across the site. Agratas is also […]
December 6, 2025
Gujarat Fluorochemicals Limited has announced that the International Finance Corporation will invest about USD 50 million in its subsidiary GFCL EV Products Limited to develop an integrated battery materials facility. The investment will be made through compulsorily convertible instruments and is intended to expand domestic capacity in battery chemicals, cathode active materials and binders. According […]
November 1, 2025
Honda Motor Co., Ltd. has announced an investment in OMC Power Private Limited, an India-based distributed power and mini-grid company, to support the launch of a leasing business for uninterruptible power supply (UPS) devices using Honda’s portable and swappable batteries. The initiative is scheduled to begin in January 2026. Honda and OMC Power have been […]
October 29, 2025
Ola Electric Mobility Limited has received certification from the Automotive Research Association of India (ARAI) for its indigenously developed 5.2 kilowatt-hour (kWh) battery pack based on 4680 Bharat Cell technology. The certification, granted under the AIS-156 Amendment 4 standards issued by the Ministry of Road Transport and Highways, makes Ola the first Indian electric vehicle […]
