Top 10 Lithium-ion Battery Manufacturers/Suppliers in India [2023]

Last Updated on 18th October 2023

Lithium-ion batteries (also known as “Li-ion batteries” and “LIBs”) have redefined the energy storage landscape.


When compared to a lead acid battery, a Li-ion battery is ideal for a wider range of applications, including

Electric vehicles (EVs, including electric bikes, buses, and cars)
Electronic gadgets
Energy Storage Systems (ESSs)
Medical devices
Solar street lights
Telecom towers

According to a research study, 90% of the total lithium-ion battery demand will be driven by automotive applications, in addition to the demand for LiB in the non-automotive segment, comprising data centers, grid-scale renewable energy (RE) integration, rooftop solar (RTS), etc.


Against the backdrop of India’s booming EV sector, lithium-ion batteries are powering sustainable mobility like never before.


For example, the Ziptron technology of Tata Passenger Electric Mobility Limited (a subsidiary of Tata Motors Limited) is based on lithium-ion battery chemistry for a powerful electric drive experience.


Furthermore, Ola Electric Mobility (Ola Electric)—a leading Indian EV manufacturer—stated that the company launched “India’s first indigenously developed lithium-ion cell (NMC 2170).” Ola Electric plans to begin cell manufacturing on a mass scale at its upcoming gigafactory by 2023.


lithium battery manufacturers in India are leading the country’s strong presence in the lithium-ion battery market.


Read on to learn more about the lithium manufacturing companies in India that are opening new avenues for the growth and adoption of lithium batteries in India.


Top 10 Lithium-ion Battery Manufacturers/Suppliers in India [2023]

Here are India’s leading Lithium battery companies in India (listed alphabetically):



Founding Year

Major Product Types

Areas Served


Bengaluru, India


Electric vehicle batteries, energy storage systems


Contemporary Amperex Technology Co., Ltd (CATL)

Ningde, China


Electric vehicle batteries, energy storage systems

China, Global

Exicom Tele-Systems Limited

Pune, India


Electric vehicle batteries, energy storage systems, telecom equipment

India, Global

Grinntech Motors & Services Pvt. Ltd.

Hyderabad, India


Electric vehicle batteries, energy storage systems, electric vehicles


Guoxuan High-Tech Power Energy Co., Ltd. (Gotion High Tech Co., Ltd.)

Hefei, China


Electric vehicle batteries, energy storage systems

China, Global

LG Energy Solution Ltd.

Seoul, South Korea


Electric vehicle batteries, energy storage systems

South Korea, Global

Panasonic Life Solutions India Pvt. Ltd.

Gurgaon, India


Electric vehicle batteries, energy storage systems, consumer electronics

India, Global

Samsung SDI Co., Ltd.

Yongin, South Korea


Electric vehicle batteries, energy storage systems, consumer electronics

South Korea, Global

Toshiba Corporation

Tokyo, Japan


Electric vehicle batteries, energy storage systems, consumer electronics, industrial products

Japan, Global

Trontek Electronics Pvt. Ltd.

Hyderabad, India


Electric vehicle batteries, energy storage systems, electric vehicles





Founded: 2019

Location: Mumbai, Maharashtra, India


Battrixx is a wholly owned subsidiary of Kabra Extrusion Technik Ltd. (KET), which belongs to the Kolsite Group. The company is a leading name among the lithium-ion battery manufacturers. The company specializes in advanced lithium-ion battery packs and modules for electric vehicles, solar power systems, and other applications.


With its customized lithium-ion battery modules, packs, and Battery Management System (BMS), Battrixx promises to give increased range and longer battery life to the electric vehicle segment, as well as safe and reliable energy storage systems.


Here are some of the lithium-ion products manufactured by Battrixx:

  • Lithium-ion 2W and 3W batteries
  • Lithium-ion batteries for electric cars
  • Lithium-ion batteries for electric passenger vehicles
  • Lithium-ion batteries for light commercial vehicles
  • Energy storage solutions for the home, UPS, and telecommunications sector

In 2022, Battrixx became the supplier of lithium-ion batteries for Hero Electric, which is a leading electric two-wheeler manufacturer in India.


Battrixx is one of the leading EV battery manufacturers to receive ARAI (Automotive Research Association of India) Certification under AIS 156 Amendment III Phase 2 for its battery packs.


Contemporary Amperex Technology Co., Ltd. (CATL)

CATL, or Contemporary Amperex Technology Co., Ltd., is a Chinese Lithium-ion battery manufacturer known as “the world’s largest manufacturer of lithium-ion batteries.” The company has a global presence with manufacturing facilities in China, Europe, and the United States.


CATL's presence in India is part of the company’s strategy to expand its global footprint. The company sees India as a key market for growth in the electric vehicle and energy storage markets.


Here are some of the products that CATL offers in the lithium-ion battery market:


  • EV battery packs: CATL offers a diverse range of EV battery packs for different types of electric vehicles, including passenger cars, commercial vehicles, and two-wheelers. The company’s EV battery packs are known for their high energy density, long cycle life, and safety features.
  • Energy storage systems: CATL offers a variety of energy storage systems for different applications, including solar and wind power, grid storage, and backup power. The company’s energy storage systems are known for their high efficiency, long cycle life, and modular design.
  • Consumer electronics batteries: CATL offers a broad range of batteries for consumer electronics devices, such as laptops, smartphones, and tablets. The company’s consumer electronics batteries are known for their long battery life, fast charging speed and safety features.

Some Indian electric vehicle manufacturers have a partnership with CATL for the supply of Li-ion cells for their electric vehicles.


For instance, Green Evolve Private Ltd. (Grevol), a zero-emission automotive technology organization, has partnered with CATL for long-term cell procurement.


Exicom Tele-Systems Limited

Exicom Tele-Systems Limited (Exicom Tele-Systems or Exicom) is another leading lithium battery company in India providing battery and charging solutions. The company operates through 3 key business areas: telecom, energy storage, and green mobility.


Exicom aims to accelerate transport electrification in India by providing cost-competitive and world-class EV charging infrastructure and Li-ion batteries for all segments of vehicles.


Exicom’s EV battery portfolio includes:

  • Cube2.1 50.4 V/28 Ah
  • Cube2.1 50.4 V/35 Ah
  • Cube2.2 50.4 V/38 Ah
  • Cube2.2 57.6 V/35 Ah
  • Cube2.2 72 V/28 Ah
  • Cube3.1 51.4 V/75 Ah
  • Cube3.2 51.2 V/210 Ah

Here are some of the key features of Exicom’s Li-ion battery solutions:

  • Bluetooth-based App connectivity for user interface
  • Compatibility with most existing 2Ws and 3Ws
  • Environmental compliance
  • High performance
  • High-voltage architecture
  • Intelligent charging algorithm
  • Long cycle life
  • Parallel mode or stand-alone use
  • Remote management via the Exicom cloud platform
  • Sturdy and service-friendly design

According to an industry news source, Omega Seiki Mobility Pvt. Ltd. (OSM)—a leading last-mile solution provider—announced a partnership with Exicom Tele-Systems to source lithium-ion batteries for OSM’s electric L5 cargo vehicles.


Grinntech Motors & Services Pvt. Ltd. 

Grinntech Motors & Services Pvt. Ltd. (Grinntech) is one of the top lithium companies in India that specializes in electric vehicle batteries and energy storage systems.


Founded by Nikhilesh Mishra and Puneet Jain, Grinntech is transforming the EV mobility landscape with intelligent battery solutions and award-winning BMSs.


According to a company press release (2021), Grinntech launched a larger battery manufacturing plant with the capacity to produce 400 MWh per year of Li-ion batteries suitable for farm tractors, light vehicles, 2-wheelers, and 3-wheelers.


Grinntech provides quality lithium-ion batteries for a variety of applications, including

  • 2-wheeler Battery
  • 3-wheeler Battery
  • Bulk Charger
  • E-cycle and Robotics Battery
  • IC Engine Starter Battery
  • LCV (Light Commercial Vehicle) Battery
  • MHCV (Medium and Heavy Commercial Vehicle) Battery
  • SCV (Small Commercial Vehicle) Battery

Here are the significant features of Grinntech’s proprietary battery products:

  • Assured safety
  • Industry-leading safety with ultra-safe BMS (2-wheeler and 3-wheeler batteries)
    Advanced algorithms with LCD status display (bulk charger)
  • Fast charging
  • 0-100% in 30 minutes in specified working conditions (e-cycle and robotics battery)
  • Up to 80% in 1 hour (MHCV, LCV, and SCV batteries)
  • 2 hours (2-wheeler and 3-wheeler batteries)
  • Easy charging for short-trip users (IC engine starter battery)
  • Liquid cooling
  • High power yet compact liquid cooling (LCV and SCV batteries)
  • Long life (in specified working conditions)
  • Up to 7 years (MHCV and SCV batteries)
    Up to 5 years (LCV battery)
    3 years (2-wheeler and 3-wheeler batteries)
    Low self-discharge
    Assured starting after long periods (IC engine starter battery)

Guoxuan High-Tech Power Energy Co. Ltd. (Gotion High Tech Co. Ltd.) 

Guoxuan High-Tech Power Energy Co., Ltd. (a subsidiary of Gotion High Tech Co., Ltd.) is a leading Chinese battery manufacturer. The company produces a wide range of lithium-ion batteries for various applications, including electric vehicles and energy storage systems.


It is one of the first firms in China to conduct autonomous research and development, manufacturing, and sales of new energy vehicle lithium-ion batteries.


Its main products include

  • Lithium iron phosphate materials and batteries
  • Ternary batteries
  • Power battery packs
  • Battery management systems
  • Energy storage batteries

The products are widely employed in new energy vehicles such as pure electric passenger cars, commercial vehicles, special vehicles, and hybrid electric vehicles, as well as system solutions for energy storage power plants, communication base stations, and so on.


Guoxuan High-Tech Power Energy Co., Ltd. is the major supplier of lithium batteries for Tata Motors, which is the leading electric vehicle manufacturer in India. 


LG Energy Solution Ltd. 

LG Energy Solution Ltd. (LGES) is a South Korean battery company spun off from LG Chem in December 2020. The company produces lithium-ion batteries for a variety of applications, including electric vehicles, energy storage systems, and consumer electronics.


LGES’ lithium-ion batteries are known for their high performance, long lifespan, and safety. The company’s batteries are used in several electric vehicles, including those made by Tesla, General Motors, and Hyundai.


LGES also supplies batteries for energy storage systems used in homes, businesses, and utilities. In addition, the company’s batteries are used in consumer electronics, such as tablets, laptops, and smartphones.


Furthermore, an industry news source reported that LG Energy Solution would supply batteries to Mahindra & Mahindra’s (the well-known Indian automaker) XUV400 SUVs.


Panasonic Life Solutions India Pvt. Ltd.

Formerly known as “Anchor Electricals,” Panasonic Life Solutions India Pvt. Ltd. is a well-established electrical equipment company and a wholly owned subsidiary of Panasonic—a global leader in lighting, energy, and indoor air quality.


Panasonic Life Solutions India provides the following batteries for power tools:

  • EYFB30B (High Capacity 3.0 Ah)
  • EYFB32B (Lightweight 2.0 Ah)
  • 10.8 V Li-ion Battery Pack
  • EYFB42B (High Capacity 4.2 Ah)
  • EYFB41B (Lightweight 2.0 Ah)
  • 14.4 V Li-ion Battery Pack
  • EY9L10B
  • 1.5 Ah Li-ion Battery Pack
  • EYFB60B
  • 21.6 V Li-ion Battery Pack


Panasonic Life Solutions India continues to grow with 4 regional offices, over 23 state sales headquarters, and exclusive business outlets across the country.


Samsung SDI Co., Ltd. 

Samsung SDI is a globally leading manufacturer, supplier, and trading company of lithium-ion battery cells and electronic materials. The company produces lithium-ion batteries for stationary energy storage systems, electric vehicles, and HEVs (hybrid electric vehicles).


It has a strong presence in the global electric vehicle market, and its batteries are used in vehicles from well-known automakers, such as BMW and Volkswagen.


The company operates in four segments: small-sized lithium-ion batteries, automotive batteries, energy storage solutions, and electronic materials. The former three segments deal with lithium-ion batteries for consumer electronics and electric mobility solutions.


The Electronic Materials segment produces materials for semiconductors, displays, and other electronic devices. Samsung SDI is a leading supplier of materials for OLED displays.


Here are some of the key products of Samsung SDI in lithium-ion battery manufacturing:


  • Small-sized Li-ion batteries: The company manufactures small-sized lithium-ion batteries used in consumer electronics.
  • EV batteries: Samsung SDI is a leading supplier of lithium-ion batteries for electric vehicles. Its batteries are used in vehicles from major automakers, such as Tesla, BMW, and Volkswagen.
  • HEV batteries: Samsung SDI’s lithium-ion batteries for HEVs are used in vehicles that have both a gasoline engine and an electric motor.
  • ESS batteries: Samsung SDI produces lithium-ion batteries for stationary energy storage systems. These batteries are used to store energy from renewable sources, such as solar and wind power. 

Toshiba Corporation (Toshiba India Pvt. Ltd.)

The Toshiba Group established its first representative office in India in 1963. Later, Toshiba founded Toshiba India Pvt. Ltd. (TIPL) in 2001—a 100% subsidiary of Toshiba Corporation.


In 2017, Toshiba, DENSO, and Suzuki founded the joint venture company “TDS Lithium-ion Battery Gujarat Private Limited (TDSG)” to manufacture and supply lithium-ion batteries to Maruti Suzuki and Suzuki Motor Gujarat.


TIPL has been playing a key role in India’s sustainable development by providing hydroelectric power solutions, railway systems, security and automation products, rechargeable batteries, and more.


Toshiba’s SCiB™ (Super Charge ion Battery) rechargeable battery is expected to promote green transportation in India.


The SCiB™ battery uses oxide-based materials (Lithium Titanium Oxide (LTO)) and has the following superior characteristics:

  • Excellent safety (the battery is designed to prevent thermal runaway caused by physical stress)
  • Long life (exceeding 20,000 charge/discharge cycles)
  • Rapid charging time of 6 minutes
  • High input/output power
  • Low-temperature performance (can be used at a temperature as low as -30°C)

Furthermore, SCiB™ rechargeable cells are categorized into two types—high power and high energy.


The high-power cell is ideal for applications requiring rapid charging and discharging of large currents, such as regenerative braking in automotive applications.


However, the high-energy cell is suitable for large-capacity applications, such as stationary storage systems and electric vehicles.


Trontek Electronics Pvt. Ltd.

Trontek is one of India’s fastest-growing battery firms. The company began trading electrical components for televisions, radios, chargers, and other electronic devices. Trontek began selling UPS batteries in 2007.


In 2008, the company began importing and distributing batteries for UPS and motorcycles under the brand name TRONTEK. Trontek currently serves India, the United States, and parts of Europe.


The company launched the LIEV (Lithium-ion for Electric Vehicle) series of batteries in January 2017 to serve the e-bike, e-tricycle, and electric car segments, as well as to supply major OEMs in the Indian market.


Trontek has a Li-ion battery assembly unit in Delhi, an SMF UPS and motorcycle battery pack manufacturing facility in Rajasthan, and an R&D and design center in Bengaluru (Bangalore), India.


Trontek currently supplies lithium batteries to Okinawa Autotech, which is a leading electric two-wheeler manufacturer in India.


Other Significant Lithium-ion Battery Companies in India

Other significant players in India’s lithium battery manufacturing space include (but are not limited to) the following:


Coslight India Telecom Pvt. Ltd 

Coslight provides affordable and reliable energy solutions for diverse applications, such as

  • Defense
  • Electric vehicles (2-, 3-, and 4-wheelers)
  • Industrial applications
  • Railways
  • Solar
  • Telecommunications
  • UPS

Coslight has set up manufacturing facilities in IMT Manesar, Gurugram (Haryana), and Una (Himachal Pradesh). Coslight designs develops, and manufactures high-quality lithium-ion and Valve Regulated Lead-Acid batteries (VRLA batteries) certified to meet all international certifications and standards.


Cygni Energy Private Limited

Also known as “Cygni,” Cygni Energy is a next-generation energy storage company providing customized lithium-ion battery packs for EVs, including electric 2- and 3-wheelers (such as electric scooters and electric rickshaws).


Cygni’s products are designed to meet the complex and diverse transportation requirements in India.


In addition, Cygni solar hybrid solutions and ESS are customizable as per the demand and ensure efficient usage of solar energy.


Here are the key features of Li-ion battery-based Cygni smart energy storage solutions:

  • Attractive payback
  • Connected with app
  • Hassle-free power
  • Plug and play
  • Safe voltage
  • Zero maintenance

Euclion Energy Private Limited

Euclion Energy is one of India’s top lithium battery suppliers providing customized lithium-ion battery packs for various applications, such as

  • Aerospace & Defense
  • Charging stations
  • E-mobility
  • Energy storage systems
  • Industrial applications
  • Telecommunications

Here are the main advantages of Euclion Energy batteries:

  • Compact design
  • Constant power
  • Fast charging
  • Lightweight
  • Longest life
  • Maintenance free

Future Hi-Tech Batteries

Future Hi-Tech Batteries (Future Hi-Tech) is India’s first lithium-ion cell and battery pack manufacturing unit founded by scientists and technocrats.


The lithium battery manufacturer provides customized lithium solutions based on battery chemistry. It follows a rigorous cell grading process and uses advanced testing and manufacturing equipment to develop products, such as lithium battery packs, electric vehicle lithium batteries, energy storage system lithium batteries, and lithium battery chargers (EV battery chargers).


The company also has strategic tie-ups with global players for lithium manufacturing.


Greenfuel Energy Solutions

Founded in 2006, Greenfuel Energy Solutions Pvt. Ltd. (also known as “Greenfuel”) is a well-established name in the CNG market and one of the largest automotive component suppliers to OEMs for vehicles running on alternative gas fuels.

Greenfuel Energy Solutions specializes in the following:

  • Advanced batteries (Lithium-ion batteries)
  • Alternative fuel systems (CNG/LNG/LPG/Hydrogen)
  • Automotive accessories (Commercial and passenger vehicles)


Greenfuel is empowering India’s e-mobility drive with indigenously made lithium-ion battery packs built to the most meticulous global standards and tested for rigorous Indian conditions.

Apart from vast on-field application experience, Greenfuel is known for innovative R&D capabilities, skilled service personnel, and a pan-India network for efficient after-sales service.

Log9 Materials Scientific Pvt Ltd.

Also known as “Log9,” Log9 Materials is an Indian nanotechnology company specializing in renewable energy and filtration applications of graphene.


From making graphene-enhanced products, such as air filters and smoke filters, the company entered the EV space in 2019 by initiating R&D in battery technology and manufacturing.


Log9 makes batteries that can withstand harsh weather conditions and several charge-discharge cycles. For instance, the Log9 RapidX battery series is designed to power EVs in Indian and other tropical conditions efficiently.


The RapidX battery is also known for its fastest-charging capability, excellent safety, and 10+ years of battery life.


Loom Solar Pvt. Ltd.

Loom Solar is India’s leading manufacturer of solar power-generating systems, with exports spanning 10+ countries.


The well-known solar panel manufacturer also offers solar battery variants and a premium range of the following lithium batteries:

  • CAML 6 Ah/75-Watt hour
  • CAML 12 Ah/150-Watt hour
  • CAML 20 Ah/250-Watt hour
  • CAML 30 Ah/385-Watt hour
  • CAML 40 Ah/500-Watt hour

In addition, Loom Solar has developed the CAML 100 Ah/48 Volt/5 kWh lithium battery that comes with several features and a 5-year warranty. This battery runs ceiling fans, kitchen appliances, TVs, refrigerators, and other appliances up to 5000 watts.


Okaya Power Pvt. Ltd.

Okaya Power Pvt. Ltd. (OKAYA) is a trusted name in the battery manufacturing industry with an impressive product range of batteries suitable for all kinds of applications.


OKAYA offers the following lithium batteries:

  • Lithium Solar
  • Lithium Inverter Battery
  • AGV Lithium
  • Lithium 2-Wheeler/3-Wheeler

OKAYA batteries are known for reliability, long life, eco-friendliness, and robust backups.


Waaree ESS

Waaree ESS (WAAREE ESS) is a high-tech energy storage division of the Waaree (WAAREE) Group—one of India’s fastest-growing conglomerates with a strong domestic and international sales and service presence across 68+ countries.


The company’s product portfolio includes LiFePO4 batteries (LFP batteries) in the following variants:


  • LIGER Series (suitable for applications, such as fixed and mobile telecoms and UPS systems)
  • LION Series (suitable for applications, such as data centers and ESSs)
  • LYNX Series (suitable for E-Bicycles, E-Bikes, E-Forklifts, and E-Rickshaws)
  • LIT Series (suitable for inverter, renewable energy, UPS, and other applications—LFP batteries are considered the best lithium battery chemistry for solar applications)

In addition, the country is fortifying lithium battery production capacity by undertaking strategic collaborations with global lithium-ion battery manufacturers/suppliers.


For example, Panasonic Corporation started exploring opportunities to set up lithium-ion battery module assembly units for two- and three-wheelers in India.


What Does the Future Look Like for Lithium-ion Battery Manufacturing in India?

Favorable government policies (such as the FAME India scheme), rapid adoption of EV technologies, various state-level EV policies, and other factors have majorly impacted India’s lithium-ion battery market size. Moreover, domestic lithium-ion battery manufacturing is expected to increase in the coming years to make the country self-sufficient for its energy needs.


Various companies in India are enhancing lithium-ion battery production capabilities through indigenous manufacturing facilities and business ventures, such as acquisitions and partnerships.


For example, ARBL (Amara Raja Batteries Limited—the flagship company of one of India’s leading business conglomerates “Amara Raja Group) is planning to set up a lithium-ion battery unit in Telangana, Hyderabad, with advanced laboratories and testing infrastructure.


Another example is Chennai-based MIL (Munoth Industries Limited), which has a technology agreement with China-based battery manufacturer Tianjin Lishen Battery Joint-Stock Co., Ltd. (Lishen Battery). A company press release reported that MIL has set up “India’s maiden lithium cell manufacturing unit” in Tirupati, Andhra Pradesh, India.


According to another industry news source, Indian battery maker Exide Industries has begun mass production at “India’s largest lithium-ion battery plant” in Gujarat with its joint venture partner Leclanché SA (Switzerland-based lithium-ion cell company).


Let’s look at a few other developments in the Li-ion battery manufacturing landscape:


Luminous Power Technologies (India’s leading power and home electrical specialist) also announced a partnership with Matter Energy (an integrated energy solutions company) to develop a lithium-ion battery solution for mobility and domestic energy storage applications.


On the other hand, an industry news source confirmed the acquisition of assets of Lithium Werks (a lithium battery technology company) by Reliance Industries (an Indian multinational conglomerate) in a big push toward providing a robust supply chain to the growing electric vehicle battery demands and energy storage markets.


Furthermore, the discovery of new lithium reserves in India provides further opportunities for lithium battery manufacturers to develop domestic reserves and depend less on imports while potentially reducing the cost of lithium-ion batteries and making EVs more affordable for consumers.


Blackridge Research & Consulting – India Lithium-ion (Li-ion) Batteries Market Report

Blackridge Research & Consulting’s India Lithium-ion (Li-ion) Batteries Market report provides a comprehensive market analysis—focusing on the drivers, restraints, and trends influencing market demand and growth apart from the LIB industry supply chain structure and participants.


Additionally, the report provides deep insights into the competitive landscape, key industry players, important commercial developments and structural trends, government policies and regulations, and more.


Contact us to learn more about the introductory offer and instant savings on your first or multiple purchases. You can buy the report directly or email us at sales@blackridgeresearch.com to purchase specific sections of the report.


Wrapping Up

Ever since lithium-ion batteries were introduced in the market, they have completely revolutionized our lives.


From digital watches and laptops to smartphones and global positioning system devices, the potential of Li energy extends beyond portable electronic devices.


According to an independent study conducted by the CEEW (Council on Energy, Environment and Water), India will need over USD 4 billion of investments to create 50 GWh of lithium-ion cell and battery manufacturing capacity under the PLI (Production-Linked Incentive) scheme.


Lithium-ion battery suppliers in India are also stepping up efforts for battery recycling (to reduce pressure on the environment) and cutting down on imports of battery raw material components like cobalt.


For instance, Tata Chemicals (a subsidiary of the Tata Group) is recycling spent Li-ion batteries to recover valuable materials like lithium, cobalt, and nickel, which are reused in adhesive, paint, pigment, and lithium-ion battery manufacturing, among others.


As batteries become indispensable for making our lives better and brighter, lithium-ion battery manufacturers/suppliers in India are supporting the country’s vision of a sustainable future powered by advanced Li-ion battery technology.

How can we help
you today?