Wire · operational-macro
India's BESS ambition: From import dependence to manufacturing scale
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Fusion42 · 5 October 2026 · Fusion42 review
India aims to significantly scale its lithium-ion battery manufacturing capacity from 2GWh to an expected 60–70GWh by 2030, supported by government policies including PLI schemes, import duties, and mandatory storage for new renewable projects. Despite cost pressures and import dependence, rising project tenders and emerging merchant BESS projects indicate growing market maturity.
This Wire brief sits within Fusion42's coverage of Climate Tech.
◆ ◆ The Wire takeaway
You need to track India's push to localise battery production as government rules shift market access and costs. That growing local demand opens sourcing pathways but also exposes cost and capacity risks for your supply chain.
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1 source · 5 Oct 2026
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