Lithium-ion battery market at your city

The lithium-ion battery market includes both manufacturing of battery components and distribution of finished batteries for various applications like consumer electronics, two-wheelers, and electric vehicles. The rising reliance on portable electronics, the growth of the electric vehicle sector, and the need for renewable energy storage fuel market growth increasing Lithium-ion battery demand.

Durgapur's lithium-ion battery market offers opportunities in battery manufacturing, including components and assembly for electric vehicles (EVs) and renewable energy storage, as well as in distribution and retail for industrial and consumer markets.

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.