Can India become a global EV battery player?

Given the capital-intensive nature of the EV sector, Indian firms will have to grab a share of the global battery demand pie to turn a profit. Can Indian industry succeed in this ambitious venture?

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1 min read Last Updated : Dec 06 2022 | 7:00 AM IST

Electric vehicles will play a major role in India’s emissions reduction goal. But, the heart of an EV, its battery, is mostly imported. For India to become a major EV player, it will have to master battery making. Given the capital intensive nature of the sector, Indian firms will have to grab a share of the global battery demand pie to turn a profit. So, can Indian industry succeed in this ambitious venture? This podcast has the answer.