ACC battery market demand in India to rise to 220 GWh by 2030: Report
India's demand for advanced chemistry cell batteries is expected to surge, from 20 GWh in 2022 to roughly 220 GWh by 2030, as a result of the robust local supply chain and thriving battery manufacturing. The growth will also be buoyed by the country's localisation of a significant percentage of the entire value chain, according to a new report by the Confederation of Indian Industry (CII).