Top 10 Battery Manufacturers in India | As the world is moving towards Sustainability and Carbon Neutrality, the demand for Battery powered Electric Vehicles and Renewable Energy sources have increased. The global battery market size is expected to reach USD 42.6 billion by 2030. In India, too the momentum of advanced lead–acid battery, automobile, SMF, and tabular batteries are increasing day by day with the introduction of new EV’s in the automobile market. In the Battery Manufacturing sector, India is the second largest manufacturers and exporters after China. Though, there are several battery manufacturers in India, but here in this article, we have listed detailed description of the Top 10 Battery Manufacturers in India who are the prominent players in this segment.
List of Top 10 Battery Manufacturers in India
Exide Industries Limited (www.exideindustries.com)
Exide is the India’s largest battery selling company, manufacturing batteries for long-lasting automobiles. Headquartered in Kolkata (West Bengal), the company has 9 manufacturing capacities located all over India equipped with cutting edge technology and advanced machineries. Exide Industries have a vast global presence in 50 countries with subsidiaries in Singapore, UK, Sri Lanka and exports their products in 45 countries.
The Company manufactures, designs, markets and sells a wide range of lead acid storage batteries from 2.5Ah to 20,600Ah capacity and manufacture batteries for the power, automotive, telecom, defiance, railways, computer industries, infrastructure projects, and mining sectors.
Specialties: Automotive, Industrial, Inverter, UPS, Submarine, and Genset batteries, solar solutions etc.
Market Capitalization: ₹ 16,060.75 Cr
Eveready Industries India Limited (www.evereadyindia.com)
Eveready is one of the leading Lighting products, Flashlights, Appliance Solutions and battery manufacturers, commanding over 50% market share of India. Being India’s most preferred battery brand, Eveready holds 65% share of India’s organized flashlights market. Headquartered in Kolkata, the company has six manufacturing capabilities all over India, equipped with best in class technology platforms.
Eveready India uses next-generation technology to make durable, rechargeable and zinc alkaline batteries. In addition to batteries, its product portfolio includes consumer and professional lighting solutions, flashlights, electrical accessories etc. The company’ Research and Development facility is approved by the Government of India (Ministry of Science and Technology, Department of Scientific and Industrial Research).
Specialties: Batteries, Consumer Lighting, Flashlight, Professional Lighting, Appliance Solutions and electrical accessories etc.
Market Capitalization: 2,165.35 Cr
Luminous Power Technologies Private Limited (www.luminousindia.com)
Headquartered in Gurugram Haryana, Luminous Power Technologies specializes in manufacturing battery products in the power backup and residential solar space. It has more than 28 sales offices and 7manufacturing units located in India and global presence over 36 countries.
Luminous Power Technologies manufactures and markets lithium ion batteries, UPS systems, inverters, lighting, fans, wires, switches, and renewable energy products. It is one of the most trusted brands in India, offering complete Power Backup and Solar Solutions, energy and power storage products through advanced Batteries and Inverters.
Specialties: Batteries, Home Electrical Solutions, Solar Applications and Power Back Up Solutions etc..
Market Capitalization: 1042 crore
HBL Power Systems Limited (hblbatteries.com)
HBL Power Systems Limited is India’s leading research based engineering and battery manufacturing company.The company manufactures advanced-technology batteries such as Nickel Cadmium, Lead Acid, and Special Defence batteries for defence and aircraft sectors. HBL is the only Indian company with Pure Lead VRLA battery technology and second largest manufacturers of Nickel Cadmium batteries in the world.
Headquartered in Hyderabad (Telangana) HBL is India’s third-largest telecom battery manufacturer and offers tailor made solutions for E-Mobility and Energy storage markets. Its wide range of battery portfolio includes Nickel Cadmium, lead acid, lithium batteries, battery chargers for applications in aviation, defense, telecom, Oil & Gas, Process Industries, data center, E-mobility etc.
Specialties: Battery Systems, Nickel Cadmium Battery, lithium batteries, battery chargers.
Market Capitalization: 2,932.72 Cr
Su-Kam Power Systems Limited (www.su-kampower.com)
Su-Kam Power is one of the biggest power backup, generation & monitoring companies in India, offering power backup solutions for industrial and domestic markets. The company is involved in the production of inverter batteries and produces approximately seventy thousand batteries in a month.
Headquartered in Gurgaon (Haryana), Su-Kam Power Systems Limited focus on eco-friendly energy solutions and provide its products worldwide more than 90+ countries. Its product portfolio includes lithium ion batteries, UPS systems, solar panel, solar charge controller and much more. Su-Kam manufactures power backup systems for solar products, inverters and batteries.
Specialties: Solar Panels, Grid-tie Inverters, Inverters, UPS, Batteries, Solar/Renewables and High Capacity UPS
Market Capitalization: 225 Crores
Amara Raja Batteries Limited (www.amararajabatteries.com)
Amara raja is one of the largest manufacturers of lead-acid batteries for automotive and industrial applications in India. Headquartered in Tirupati, India, the company has business presence in more than 50 countries where its Industrial and Automotive batteries are exported across the globe.
Amara Raja Batteries not only manufactures but also supply batteries to major IT, telecom, railways, Power, Oil & Gas, UPS sector and other industry segments. Hyundai Motors India Limited, Maruti Suzuki India Limited, Ford India Limited, Tata Motors Limited, Honda Cars India Limited, and many more are the clients of Amara group.
Specialties: Industrial Industrial batteries, Automotive batteries.
Market Capitalization: 10,401.63 Cr
Okaya Power Private Limited: (www.okayapower.com)
OKAYA is one of the leading battery manufacturing brand in India producing Solar battery, Inverter battery, Battery for E-Rickshaw and SMF (VRLA) battery for the consumer market. It is the only sole manufacturer of 100% Tubular Batteries for power backup needs in India and offers Lithium and EV charging solutions to the customers.
The New Delhi based OKAYA have 9 Manufacturing Plants, 2 Central Warehouses, 31 Regional Warehouses and Branch offices. The company run operations in over 50 countries, leading in product categories in 17 countries across the globe. Okaya Power manufactures eco-friendly, reliable, long lasting power back-up batteries and have a large product portfolio of EV Lithium Ion Batteries, E-Rickshaw Batteries, Inverter & Solar Batteries, and SMF/VRLA Batteries.
Specialties: Tamper-proof and leakproof batteries, EV Lithium Ion Batteries, Solar Batteries, Inverter Batteries etc.
Market Capitalization: 6.819B
Base Corporation Limited: (www. basecorporation.com)
The Bangalore, Karnataka based Base Corporation specialize in providing high quality batteries and power solutions for industrial, automotive and domestic segments. The company currently manufactures up to 50,000 batteries at its manufacturing plant facility in Solan, Himachal Pradesh.
Its product portfolio range from 2.5Ah to 200Ah batteries for two-wheelers, and batteries for solar, inverters generator, UPS, automotive home and industrial applications.
Specialties: Tamper-proof and leakproof batteries, EV Lithium Ion Batteries, Solar Batteries, Inverter Batteries etc.
Market Capitalization: 111.782B
Livguard Energy Technologies Private Limited: (www.livguard.com)
It is India’s fastest-growing and best Energy Storage Solutions provider company. Livguard offers Inverter Batteries, automotive batteries, stabilizers and solar batteries for the Residential Solar Solutions and smart energy products.
Its head office is located in Gurugram, Haryana, currently operational in India, Sri Lanka, Nepal, Bahrain, Saudi Arabia, Kuwait, Oman, Yemen, Qatar, UAE, Afghanistan, Tanzania, in Kenya, Uganda and Zambia. Their products portfolio includes: high capacity inverters and batteries, automotive batteries for tractor, two-wheeler, E-Rickshaw etc, solar panels, solar battery, solar charge controller, solar led street light and solar inverters.
Specialties: Inverter Batteries, automotive batteries, stabilizers, solar batteries, smart energy products
Market Capitalization: 6.819B
Eastman Auto & Power Limited (www.eaplworld.com)
Eastman is India’s leading battery manufacturer, supplier and exporter of energy storage and solar solutions. The company provides high quality and durable batteries for UPS system, Inverters, vehicles, and solar applications. Headquartered in Gurugram, Haryana, EAPL also offer support and maintenance services for efficient energy and solar storage installations across the world.
EAPL quality certified manufacturing facilities manufactures 1 lakh 30 thousand batteries offering innovative power back-up solutions. The company offer lithium-ion batteries, home/UPS batteries, inverter batteries, E-Rickshaw battery and provides comprehensive portfolio of customized solutions, packages, and services for its solar PV product line for applications like for SOHO, Rooftop, Residential and CSR.
Specialties: Inverter Batteries, automotive batteries, solar batteries, solar PV products, solar solutions
Market Capitalization: 500 cr
Also Read: List of Top Battery Manufacturers in India
