India's battery sector is getting protective shields. The government plans to introduce an Approved List of Battery Manufacturers to exclusively supply energy storage projects backed by state funding. This move mirrors the solar sector's successful mandate approach. The initiative aims to boost domestic battery production, reduce dependence on Chinese imports, and strengthen national security as India pursues its ambitious 47 gigawatt battery storage capacity target. The Centre is expected to announce ALBM plans and draft localization norms this fiscal year, giving manufacturers and consumers time to adjust supply chains accordingly. By controlling which vendors can participate in government-tendered projects, India strengthens oversight of critical infrastructure hardware.
Post from MarketNews_en
Log in to interact with content.