India’s leading industry body, India Energy Storage Alliance (IESA), will launch its landmark white paper, “Vision 2047: India’s Roadmap for a Self-Reliant Battery Ecosystem (Developing India’s Domestic Content Trajectory across the Battery Value Chain),” at the 5th India Battery Manufacturing & Supply Chain Summit (IBMSCS) 2026, to be held in Hyderabad from February 5th to 6th, 2025. This strategic whitepaper presents a comprehensive vision for fostering a robust, integrated domestic battery value chain and advancing India’s self-reliance in energy storage technologies. This pivotal report outlines a strategic blueprint for building a competitive, integrated domestic battery value chain, with the goal of advancing India’s energy independence and positioning the nation as a global leader in energy storage technologies.
Despite proactive efforts by ministries including Heavy Industries, Power, New & Renewable Energy, Mines, Commerce, and Finance, the sector is calling for a holistic National Battery Strategy that harmonizes interventions and catalyzes domestic manufacturing. The Vision 2047 white paper, developed with input from the India Battery Manufacturing and Supply Chain Council (IBMSCC) and the India Recycling and Reuse Council (IRRC), provides actionable recommendations for stakeholders across the value chain.
The 2026 IBMSCS will bring together over 600 delegates, 50+ industry leaders, and 250+ companies, such as Attero, Rubamin, Toshiba, Luminous, and associations like CMET (Centre for Materials for Electronics Technology), Indian Institute of Science, including international participants from China, Japan, Korea, Finland, Australia, Germany, and the USA, to address critical gaps and collaborate on solutions for the ACC value chain. As India charts its course toward Vision 2047, the Summit and the white paper are set to serve as catalysts for a globally competitive, self-reliant battery ecosystem.
“Vision 2047 is a timely, industry-driven roadmap that highlights the urgent need for parallel development across upstream components, mineral refining, and downstream pack assembly, system integration, and recycling,” said Debmalya Sen, President, IESA. “By aligning policy, investment, and R&D with industry requirements, we can build a resilient, sustainable battery ecosystem that supports India’s energy security and creates high-value green jobs.”
Demand for advanced chemistry cells (ACCs) and energy storage systems is booming, driven by rapid electric vehicle (EV) adoption, grid-scale renewables integration, and commercial and industrial (C&I) uptake of behind-the-meter systems. Large-scale energy storage deployment is being fueled by initiatives such as Round-the-Clock (RTC) and Firm and Dispatchable Renewable Energy (FDRE) tenders from SECI, NTPC, and state utilities, as well as projects supported by Viability Gap Funding (VGF) and the Power System Development Fund (PSDF). These market drivers are enabling higher renewable penetration, grid flexibility, and reliability, while opening new opportunities for domestic battery manufacturers, system integrators, and value chain participants.
“The Summit and the white paper launch come at a defining moment, as India’s battery market is set for exponential growth,” noted Vinayak Walimbe, Managing Director, Customized Energy Solutions. “A coordinated industry-government approach to supply chain localization, gigafactory deployment, and recycling infrastructure will help India leapfrog global competitors and achieve true self-reliance.”
On the supply side, India has seen steady progress in cell and pack manufacturing, catalyzed by the ACC Production Linked Incentive (PLI) Scheme and private sector investments. Multiple gigafactories have been announced across key states, signaling market confidence and emerging industrial maturity. Component localization, particularly for cathodes, anodes, electrolytes, and separators, is gaining traction, bolstered by R&D collaboration and technology partnerships. However, the battery supply chain remains globally concentrated, especially in China, necessitating coordinated policy and fiscal incentives in India to deepen domestic value addition.
About India Energy Storage Alliance (IESA)
The India Energy Storage Alliance (IESA) is a premier industry body dedicated to promoting energy storage, e-mobility, and green hydrogen adoption in India. IESA works with policymakers, industry stakeholders, and research institutions to accelerate market development through policy advocacy, business networking, and thought leadership.
