Lithium-ion Battery Cells (NCM, LFP)
$3.2 bnAnnual import
8%Indian capability
5,954Supplier concentration (HHI)
₹25,000 crTo localise
Why India imports it. CATL, BYD, LG, SK dominate; India has cell pilots at Exicom, Amara Raja, Ola.
Why it matters. Cell is 50% of EV BOM; cascades into EV, ESS, consumer electronics.
Can India localise it? Partial - 4-5 years with ACC PLI.
Where it comes from. China (75%), South Korea (15%), Japan (8%).
Scorecard
The ten indices
CMDI 84.5Dependency
LPI 45.75Localisation potential
IAI 63.75Investment attractiveness
SRI 71.25Supply risk
SCI 57Supply-chain complexity
TRI 41.5Technology readiness
IMI 71.5Industrial multiplier
NSRI 49.25National-security relevance
EPI 63.75Export potential
ICGI 66.75Capability gap
Who makes it
Manufacturers
In India
Exicom Tele-SystemsAmara Raja BatteriesOla ElectricTata Chemicals
Global leaders
CatlBydLg Energy SolutionSk Innovation
On the ground
Localisation projects
- Ola Electric Cell Gigafactory
- Reliance New Energy Gigafactory
- Tata Agratas Sanand Cell Gigafactory
Intelligence
Related signals
- India Now Has a Structured Map of Where It Stays Import-Dependent
- India's Deepest Chokepoints: EUV Photoresist, Leading-Edge Logic and Aero-Engines
- Where Dependency Meets Feasibility: SiC Power and Display-Driver ICs Are the Build-Now Surfaces
- Jewar Isn't Becoming an Airport City. It's Becoming an Electronics Ecosystem.
Sources
Primary references
Confidence: Verified. Verified: ACC PLI beneficiaries announced. Part of Techadyant Labs' Critical Manufacturing Dependencies (Edition I).