India has the potential to achieve self-sufficiency in cell manufacturing if lithium is retained domestically through recycling and reuse in batteries, according to an official statement. At the fourth India Battery Manufacturing & Supply Chain Summit (IBMSCS), Vijay Mittal, Joint Secretary of the Ministry of Heavy Industries, emphasised that limited lithium resources are hindering sector growth.

Mittal stressed the importance of recycling due to insufficient lithium resources. He stated, "Ensuring lithium remains within the country through recycling and reuse in batteries could be a significant breakthrough for our self-reliance in cell manufacturing." He shared his experience of visiting a top lithium manufacturer and recycler, noting their ability to produce lithium to the required standards for cell manufacturing.
Battery Manufacturing Ecosystem Support
The India Energy Storage Alliance (IESA) is hosting the fourth IBMSCS on January 15 and 16, 2025, in New Delhi. IESA President Debi Prasad Dash mentioned that the alliance collaborates with over 60 battery and component manufacturers. They have submitted industry requirements to the ministry to create a social incentive programme for battery component manufacturing.
Dash expressed optimism that the forthcoming Budget will introduce a new support scheme for the battery manufacturing ecosystem. The Ministry of Heavy Industries actively seeks input from industry experts to formulate policies that can drive collective efforts. These policies aim to provide necessary support through incentives, technical aid, and research and development.
Policy Development and Industry Goals
The ministry is crafting a concept note to unite policymakers in agreeing on specific schemes supporting component manufacturing. This support will encompass financial systems, policy regulations, and ease of doing business. The IESA is a prominent industry alliance dedicated to advancing energy storage, green hydrogen, and e-mobility technologies in India.
Founded in 2012 by Customized Energy Solutions (CES), IESA envisions making India a global hub for research and development, manufacturing, and adoption of advanced energy storage, e-mobility, and green hydrogen technologies. The alliance's efforts align with India's ambitious goals in these sectors.
The Ministry of Heavy Industries' initiatives aim to catalyse industry growth by providing incentives and technical assistance. By fostering collaboration among stakeholders, these efforts seek to enhance India's capabilities in battery manufacturing and related technologies.
More From GoodReturns

South Western Railway Announces Revised Timetable for Four Bengaluru Vande Bharat Express Services

India vs England T20 World Cup Semi-Final Today: Mumbai Traffic Advisory Issued Ahead of Clash At Wankhede

India vs New Zealand T20 World Cup Final: Ahmedabad Weather Prediction, When And Where To Watch? Livestreaming

Govt Says Petrol, Diesel Prices Will Not Increase Amid Strait of Hormuz Blockade

T20 World Cup 2026: India Beats New Zealand; Check How Much Money the Champion & Runner-Ups Earned

PM-KISAN 22nd Instalment Expected in March: Complete eKYC and Land Verification to Secure Payment

Gold Rates & Silver Rates Today Live: Spot Gold Price Jumps 2% As Crude Oil Prices Fall; 24K, 22K, 18K Gold

Gold Rate in Bangalore Today Spikes: 24K/100g Gold Jumps Rs. 15000 In 2 Days; Check March 10 Rates

4:1 Bonus + 2:1 Stock Split + Rs. 12 Dividend: 3 Stocks to Watch as They Turn Ex-Date On March 9

Gold Rates In India Today Crash By Rs 31,100, Third Fall This Week; 24K, 22K, 18K Gold Prices On March 4

IPL 2026: Date, Schedule, Venue, Competing Teams & Ticket Prices; How To Watch At JioHotstar?



Click it and Unblock the Notifications