The lithium-ion battery industry in India has witnessed a tremendous 25 per cent growth in the last few years. The industry is valued at $300 billion as per an Economic Times report. The government of India has also taken steps forward to incentivize battery manufacturing startups in India.
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Top 10 Lithium-Ion Battery Manufacturers in India
Even if you don’t have any business to do with batteries, you know this name, I bet. Whether you may have seen it on trucks or in cars or inverters, you are already familiar with this brand. Exide is the top battery manufacturer in the world. Exide manufactures batteries from power capacities of as low as 2.5Ah to as high as 20,500 Ah.
It is one of the listed lithium-ion battery manufacturers in India. The firm has seven manufacturing units across India – two in Maharashtra, two in Uttarakhand, two in West Bengal – Shamnagar (Mother plant) & Haldia, one in Haryana and one in Tamil Nadu. Exide Industries is owned by Rajan Raheja Group.
Legal Name – Exide Industries Limited
Founded – 1947
Number of Employees – 1500+
Founders – Rajan Raheja
CEO – Gautam Chatterjee
Address – Exide Industries Ltd., Exide House, 59E Chowringhee, Kolkata – 700020
Luminous is another famous name in the list of automobile battery companies in India. The firm was founded back in 1988 and since then established itself as one of the top 10 battery manufactures in India. It manufactures batteries for both home and commercial use. The company has expanded its operations worldwide with 28 sales offices and more than 60,000 channel partners.
The firm also manufacturers LED Lights, Switches, Wires and Electric fans. Luminous has expanded its operations to more than 36 countries with more than 70,000 dealers in its network and over 70 million satisfied clients. Luminous appointed Amrish Puri as brand ambassador in 1999 and Sachin Tendulkar in 2010.
Legal Name – Luminous Power Technologies Pvt. Ltd.
Founded – 1988
Number of Employees – 6,000
Founders – Rakesh Malhotra
MD – Vipul Sabharwal
Address – Plot No. 150, Sector 44, Gurgaon, Haryana – 122003
Amara Raja is another known name in the list of lithium-ion battery manufacturers in the world. Not sure? It sells its products under the brand name Amaron. Recognized it now! The firm not only distributes its products in India but exports to countries like Africa, Asia Pacific and all over the Middle East.
It is also a listed lithium-ion battery manufacturer in India. And let me tell you that Amaron is the second largest selling automotive battery brand in India. The parent company Amara Raja Group was founded in 1985. However, the battery manufacturing unit commenced its operations in 2001.
Legal Name – Amara Raja Batteries Ltd.
Founded – 1985
Number of Employees – 12,000
Founders – Ramachandra Naidu Galla
CEO – S. Vijayanand
Address – 1-18/1/AMR/NR, Nanakramguda, Gachibowli, Hyderabad, Telangana 500032
HBL Power Systems was founded in 1977 and since then it has established its name among the well-known battery manufactures and power solutions providers in the world. The firm has some prominent clients in the aviation industry. The company sells its batteries to railways and defence apart from aviation.
Since HBL was the very first battery manufacturer for aircraft, it strengthened its footsteps int he industry as a first mover. HBL has also a subsidiary in America with the name HBL America Inc. which provides customer support, training and technical support to its million-dollar customers in the US. It is also one of the listed lithium battery manufactures in India.
Legal Name – HBL Power Systems Ltd.
Founded – 1977
Number of Employees – 1000+
Founders – Dr Aluru Jagadish Prasad
CEO – A J Prasad
Address – No. 8-2-601, Road No.10, Banjara Hills, Hyderabad- 500 034, TG, INDIA
Su-Kam has gained popularity with its great marketing efforts and has included its name in the list of top 10 lithium-ion battery manufacturers in India. However, the company is well matured and has been in operations since we were all kids. Su-Kam produced more than 70,000 batteries every month and has clients all over the world.
It exports its products to more than 70 countries through a network of 1,200 distributors and 25,000 dealers. It is also a leading solar power solutions company in the country. It was started as a cable TV company with an investment of INR 10,000. The firm now manufactures solar charge controller, solar power conditioning units, solar grid-tie inverters, line interactive UPS, batteries, battery chargers and Battery Equalizers.
Legal Name – Su-Kam Power Systems Ltd.
Founded – 1998
Number of Employees – 1250+
Founders – Kunwer Sachdeva
CEO – Kunwer Sachdeva
Address – Plot No. 54, Udyog Vihar, Phase VI, Sector-37, Gurgaon – 122001, Haryana, India
Okaya is one of the biggest battery manufacturers in India with a network of more than 50,000 dealers and 1,500 distributors all over India. The firm is headquartered in Himachal Pradesh and manufactures a wide range of batteries and other power solutions including inverters and UPS. The manufacturer has installed more than 5 million batteries in India till date.
The company has been in operations for more than 29 years. In alliance with the Microtek International Pvt. Ltd., OKAYA has become one of the leading manufacturers in the battery manufacturing industry and has emerged as a powerful global leader. The parent company has other successful subsidiaries including Nasaka, OKAYA Infrabuild, OKAYA Infocom, and OKAYA Energy.
Legal Name – Okaya Power Pvt. Ltd.
Founded – 1987
Number of Employees – 1,500+
Founders – Rajesh Gupta
Address – D-7, Rohtak Road, Udyog Nagar, New Delhi, Delhi 110041
Base Corporation was founded in 1987 and slowly expanded operations to China and Dubai apart from India. It manufactures batteries for almost every sector. You just name a sector and Base Corporation will have a dozen clients there for sure. The firm employs more than 1,500 people and has 30 branch offices all across India.
The firm boasts fuss-free power solutions and therefore been included in this list of top 10 lithium-ion battery manufacturers in India. It produces batteries ranging from 2.5Ah to 200Ah for automotive, solar, two-wheelers and UPS for industrial and Home use. The company serves more than 2,00,000 new customers every month with its motivated network of 15,000 dealers.
Legal Name – Base Corporation Ltd.
Founded – 1991
Number of Employees – 1,600
Founders – Girish Arora
MD – Girish Arora
Address – 1, & 2, Ground Floor, The Chamber, Near Hotel Grand Bhagawati, Sarkhej Gandhinagar Highway, Bodakdev, Bodakdev, Ahmedabad, Gujarat 380054
Southern Batteries is the leading battery company in India and manufactures flat plate batteries, traction batteries, lead-acid batteries, automotive batteries and even more. Headquartered in Bengaluru, the firm was founded in 1980 and has expanded across the nation serving prominent clients in solar, automotive and railways sector.
It is engaged in manufacturing Lead Acid Tubular Batteries, Valve Regulated Lead Acid (VRLA) Batteries, Flat Plate Batteries, Traction Batteries and Automotive Batteries under the brand name “Hi-Power” from 20 – 2000Ah in 2V cells, 20 – 240 Ah in 12V Monoblock PP/HR, 10V, 8V and 6V ranges.
Legal Name – Southern Batteries Pvt. Ltd.
Founded – 1980
Number of Employees – 500+
Founders – Late Sri S R Pillai
CEO – R Sreenivas
Address – 64/1/35B, Belgachia, Kolkata, West Bengal 700037
This Mumbai-headquartered firm manufactures batteries for inverters, UPS, the automobile including cars, two-wheelers and heavy vehicles, mobile phones, laptops and several other electronic gadgets. The firm has two manufacturing plants, one in Kala Amb in Himachal Pradesh and another in Vasai near Mumbai.
The firm has clients from all industries including healthcare, defence, and telecommunications. It provides various power solutions to a variety of areas including communication networks, automation, power management, testing and measurement, mobile, telephony, lighting system, defence and security, electronics and medical, healthcare and consumer appliances
Legal Name – Evolute Solutions Pvt. Ltd.
Founded – 1970
Number of Employees – 500+
Founders – Parag Mehta & Paras Mehta
CEO – Parag Mehta
Address – 4th Floor, Vasundhara Building, S.V Road, Vile Parle (west), Mumbai – 400 056
True Power focuses on its Research and Development much more than any of the above battery manufacturers. And with its extensive research, the firm has reached the upper echelons of the power electronics industry. Within a short span of time, the firm has established into a leading battery manufacturer in India.
The firm manufactures products like UPS, Inverters, Stabilizer and batteries. It has recently entered into manufacturing RO water purifiers. It is run by three technology lovers Ravi Mundra, Rahul Mundra and Sanjay Dutta.
Legal Name – True Power Systems LLP
Founded – 1983
Number of Employees – 200+
Founders – Ravi Mundra
CEO – Rahul Mundra
Address – 2nd Floor, C7, Samaypur – Libaspur Rd, Suraj Park, New Delhi, Delhi 110042