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The India Energy Storage Alliance (IESA)

India’s lead battery market ‘on the up’

Mon, 09/18/2017 - 11:41 -- News Editor
India’s lead battery market ‘on the up’

The lead-acid business in India is set to soar over the next few years and demand from stationary and motive applications (SMA) will more than double in value, according to a new report.

The India Energy Storage Alliance (IESA) said the value of the country’s lead-acid batteries market is currently worth around Rs27,000 crore ($4.2 billion)— of which the SMA market share accounts for Rs12,650 crore ($1.98bn).

 

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