India's ACC battery demand to rise to 700GWh by mid-2040s from 28GWh in 2025: Report

India's battery demand is set for massive growth. By the mid-2040s, Advanced Chemistry Cell battery needs will surge to over 700 GWh. This expansion is driven by electric mobility and energy storage goals. The Viksit Bharat Vision 2047 hinges on this growth. Electric vehicles will dominate demand, with stationary storage also accelerating. This presents a significant opportunity for domestic manufacturing.