Lithium-ion battery market at your city

Opportunities for the lithium-ion battery business at your region, a part of the growing Indian market driven by electric vehicles (EVs) and energy storage, include manufacturing battery packs, establishing battery assembly plants, setting up EV charging infrastructure, or engaging in battery recycling and repair services.

Set up a center for the repair of lithium-ion batteries facility to manage end-of-life batteries and recover valuable materials.

Identify and train a local workforce from Academy of EV Technology (AEVT) for manufacturing, assembly, and technical roles to ensure a sustainable business.

Lithium-ion battery and public charging station business opportunities in Chennai

Significant business opportunities exist in Chennai for both lithium-ion battery solutions and public charging stations, driven by supportive government policies, a strong manufacturing base, and increasing electric vehicle (EV) adoption.
Chennai is a major automotive hub, making it a strategic location for establishing battery manufacturing or assembly units.
Government incentives: The Tamil Nadu EV Policy (revised 2023) offers strong incentives for manufacturers, including capital subsidies (up to 15% on eligible investments), 100% electricity tax exemption until the end of 2025, and full SGST reimbursement until 2030.
Support for MSMEs: Micro, Small, and Medium Enterprises (MSMEs) focused on battery manufacturing can receive an additional 20% capital subsidy on top of the standard incentive.