Since 2017, India’s battery manufacturing sector has shown consistent growth. Despite China being the largest battery producer worldwide, India is one of the key nations in the global battery production sector. Batteries are used in all facets of life. There is barely a field in which batteries are not used, from autos to automation, from solar energy to wind energy, from cellphones to air conditioners. Consequently, India’s battery business has consistently displayed yearly growth rates of over 25%. Below is a ranking of the top 10 battery companies in India as of 2024 as a tribute to the country’s phenomenal progress in the battery manufacturing sector.
Top 10 Battery Companies in India (2024)
1. Exide Industries Ltd.
This is India’s most popular and one of the top ten battery companies. Not just in India, but throughout the world, Exide is one of the largest battery producers. Understandably, they produce a significant portion of India’s battery exports in addition to having batteries dispersed throughout the subcontinent. Exide engages in a broad range of production, producing batteries with capacities ranging from 2.5Ah to 20,500Ah and so supporting numerous large and small companies.
2. Luminous Power Technologies Pvt. Ltd.
In 1988, Luminous began operations, and since then, it has grown to become one of India’s top battery manufacturers. The business offers battery solutions for a variety of various industries, from industrial batteries to power backup batteries. Although Luminous is unquestionably one of the top battery producers in India, the business also has a significant international presence because to its 28 sales offices and 3200 channel partners. Given the calibre of its offerings, it will likely rank among the top 10 battery companies in India 2024.
3. Amara Raja Batteries Ltd.
There are a few businesses larger than Amara Raja in the lead acid battery industry. Under the Amaron brand, its batteries are most frequently used in the automotive sector. The business not only manufactures batteries for sale in India but also exports them to the Middle East, Asia Pacific, and Africa.
4. Southern Batteries Pvt. Ltd.
Southern Batteries Pvt. Ltd. has established itself in every conceivable industry, from flat plate batteries to lead acid batteries, from traction batteries to automotive. It is an ISO-certified business that specialises in offering power solutions to the transportation, solar, and rail industries. This Bengaluru-based business began operations in 1980 and has since built a reputation as one of India’s top battery manufacturers.
5. Base Corporation Ltd.
After starting out in 1987, the company eventually extended to China and Dubai. You’d be happy to know that Base manufactures batteries for any industry you can think of if that’s not enough to demonstrate the generosity of the company’s production power. Base offers its customers hassle-free power solutions with a workforce of over 1,500 employees spread throughout 30 offices across the nation.
6. HBL Power Systems Ltd.
HBL Power Systems has worked to create effective and long-lasting batteries for the aviation and defence industries since 1977. Submarine batteries continue to be some of the company’s most in-demand goods. The company primarily produces lead and lithium batteries for various military combat and naval operations. HBL also offers a wide variety of specialised batteries and ultimately comes in at number four on the list of top battery manufacturers in India.
7. Indo National Ltd.
Early in 1972, Nippo established a strong customer base by offering a wide range of customers consistent quality and effective service performance. Nippo is engaged in offering a huge selection of LED torch lights to satisfy client needs. Chennai is home to Indo-National Ltd.’s main office, which recently changed its name to Nippo Batteries. It has over 30 offices spread out over India, demonstrating its pan-India presence.
8. Panasonic Energy India Company Ltd.
High economic demand and great productivity characterise Panasonic Energy India Company Ltd. The business manufactures a range of lithium batteries as well as alkaline batteries. These batteries are better than industry norms in terms of rechargeability at a wide price range. Their corporate office is located in Vadodara, Gujarat, and they are pleased to claim to be the top supplier and producer of different dry cell batteries and other lighting items.
9. High Energy Batteries Ltd.
High-energy batteries are primarily used in naval and aero defence systems. The business manufactures different lead acid, nickel-cadmium, silver chloride, and magnesium batteries. High-energy batteries are renowned for their longevity, lasting for an adequate amount of time. The business was founded in 1979, and its main business is exporting goods to a number of different nations.
10. Goldstar Power Ltd.
The company was launched in 1982 by Mr. Muljibhai Pansara. Goldstar Power has grown to become one of India’s largest battery manufacturers. The production facility, located in Jamnagar, Gujarat, has a dazzling ability to produce at least 50,000 batteries every month and is spread out across a large area of 1,000,000 square feet. The company has quickly established itself as a leader in the manufacture of lead-acid batteries for the automotive sector.
Conclusion
These are India’s top 10 battery manufacturers as of 2024. Battery manufacturers are also shifting their production. Also, the need for batteries is growing in daily life. Notwithstanding the chances and advancements that have been put in their path, the industry still has a long way to go. We sincerely hope that this article has improved your view of the battery manufacturing sector in India as well as the significant businesses responsible for its development.
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