Bridge To India Blog Need to step up battery manufacturing in India

In an encouraging move for prospects of domestic battery manufacturing, two government run institutions - Indian Space Research Organization (ISRO) and Central Electrochemical Research Institute (CECRI) - have announced plans to transfer their cell manufacturing technology to private companies. Various private players including Exide, Suzuki (with Toshiba and Denso) and Cummins have also announced plans to set up integrated battery manufacturing facilities in India. CECRI has already signed an agreement with RAASI Solar Energy, a solar EPC company, to transfer its indigenously developed cell manufacturing technology and jointly develop battery packs for solar projects as well as electric vehicles (EVs) for three years. During this time, RAASI is expected to set up a 1 GW manufacturing facility in Tamil Nadu. ISRO also plans to transfer its cell manufacturing know-how for commercialization to private sector players on a non-exclusive basis. Despite uncertainty around possibility of commercialization of technology and ISRO's strict eligibility criteria, its recently concluded pre-qualification conference received high market interest with more than 130 companies participating in it. Learning lessons from the problems faced in solar module manufacturing, the Government of India has made a good start, albeit a little late in our view. China has already taken the... Read More »The post Need to step up battery manufacturing in India appeared first on BRIDGE TO INDIA.