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Battery Storage (PLI-ACC)

India Battery Storage (PLI-ACC)

Demand is booming; the cells, and the materials inside them, are still imported

Policy report · Nov 2026

India Battery Storage (PLI-ACC)

EV and grid-storage demand is real and rising, but five years in the PLI has produced ~2.5 GWh of running cell capacity and no incentive payout; the winners will be whoever actually ramps cells and materials, award or not.

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