The India Battery Module and Pack Equipment Market was valued at USD 345 Million in 2024 and is projected to grow from USD 387 Million in 2025 to USD 678 Million by 2030, expanding at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period (2024–2030). This robust growth is being driven by India’s rapidly expanding electric vehicle sector, rising domestic battery production capabilities, and the accelerating impact of government-backed initiatives such as the Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (ACC) battery storage across automotive, industrial, and energy storage segments.

As India’s battery manufacturing ecosystem transforms toward greater self-reliance and technological sophistication, the spotlight is on the key equipment providers and battery manufacturers who are driving innovation, precision engineering, and cleaner energy pathways. In this blog, we profile the Top 10 Companies in the India Battery Module and Pack Equipment Industry—a mix of established conglomerates, public sector undertakings, and emerging technology-driven players shaping the future of domestic battery production.

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📺 1. Amara Raja Batteries Ltd.

Headquarters: Tirupati, Andhra Pradesh, India
Key Offering: Lithium-ion Battery Assembly Equipment, Testing Systems, Pack Assembly Lines

Amara Raja Batteries Ltd. stands as one of the most prominent players in India’s battery module and pack equipment landscape. The company has built a robust product portfolio centered on lithium-ion battery assembly and testing equipment, strongly aligned with India’s push toward self-reliance in battery manufacturing. Its established manufacturing capabilities and focus on advanced automation tools have positioned it favorably amid growing demand for high-efficiency battery packs across automotive and energy storage applications.

Key Initiatives:

• Investments in automated cell-to-module and module-to-pack assembly lines

• Active participation under the PLI scheme for advanced chemistry cell battery storage

• Expansion into lithium-ion gigafactory infrastructure to support domestic EV supply chains

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India Battery Module and Pack Equipment Market – View in Detailed Research Report

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️‼ 2. Exide Industries Ltd.

Headquarters: Kolkata, West Bengal, India
Key Offering: Module Assembly Lines, Battery Testing Equipment, Formation Systems

Exide Industries Ltd. is one of India’s most recognized battery manufacturers, commanding significant market share through innovative solutions in module assembly lines and quality testing systems tailored specifically for automotive applications. The company has been integrating cutting-edge technologies like laser welding and automated cell sorting, which cater to the burgeoning electric vehicle manufacturing ecosystem. Furthermore, government incentives such as the PLI scheme have bolstered Exide’s operations, enabling the company to scale up production and meet the rising needs of domestic OEMs.

Key Initiatives:

• Strategic expansion into lithium-ion battery manufacturing with dedicated assembly equipment

• Partnerships with global technology providers for advanced formation and testing systems

• Investments in Industry 4.0 practices to enhance equipment precision and reduce assembly times

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📸 3. Tata AutoComp Systems Ltd.

Headquarters: Pune, Maharashtra, India
Key Offering: EV Battery Pack Assembly Systems, Welding Equipment, Quality Control Systems

Tata AutoComp Systems Ltd. has carved out a strong position in India’s battery module and pack equipment market, driven by its deep integration with the Tata Group’s expansive automotive ecosystem. The company provides specialized battery pack assembly solutions tailored for electric vehicles, leveraging precision welding technologies and automated quality inspection platforms. Its strategic location in Pune—one of India’s foremost automotive manufacturing hubs—gives it a natural advantage in serving OEM clients rapidly and cost-effectively.

Key Initiatives:

• Dedicated R&D in thermal management solutions for EV battery packs

• Geographical expansion into emerging industrial zones in Gujarat and Tamil Nadu

• Collaboration with global partners for technology transfer and manufacturing localization

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📷 4. Bharat Heavy Electricals Limited (BHEL)

Headquarters: New Delhi, India
Key Offering: Energy Storage Battery Systems, Cell Stacking Equipment, Grid-Scale Pack Assembly

Bharat Heavy Electricals Limited (BHEL), one of India’s premier public sector undertakings, has strategically diversified into battery module and pack equipment for energy storage applications. BHEL’s foray into this segment is backed by substantial R&D investments and key partnerships with global technology providers, positioning it as a critical player in supporting India’s 500 GW renewable energy target by 2030. The company is particularly active in grid-scale battery storage equipment, where its engineering legacy provides a distinct competitive advantage.

Key Initiatives:

• Development of indigenous cell stacking and pack formation equipment for utility-scale storage

• Collaboration with national laboratories for next-generation battery chemistry research

• Compliance with Bureau of Indian Standards (BIS) safety regulations across all production lines

Download FREE Sample Report:
India Battery Module and Pack Equipment Market – View in Detailed Research Report

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📵 5. Mahindra Electric Mobility Limited

Headquarters: Bengaluru, Karnataka, India
Key Offering: EV Battery Pack Assembly, Module Integration Equipment, Battery Management Systems

Mahindra Electric Mobility Limited has emerged as a significant force in India’s electric vehicle battery ecosystem. As the electric mobility arm of the Mahindra Group, the company has invested heavily in battery pack assembly infrastructure and module integration equipment to support its growing lineup of electric vehicles. Its operations in Bengaluru benefit from the city’s strong technology and engineering talent pool, enabling rapid innovation in battery management system integration and pack-level quality assurance processes.

Key Initiatives:

• In-house development of battery pack assembly lines for passenger and commercial EVs

• Adoption of AI-driven quality inspection systems to reduce defect rates below industry benchmarks

• Partnerships with global battery chemistry specialists to accelerate next-generation pack designs

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📴 6. Luminous Power Technologies

Headquarters: Gurugram, Haryana, India
Key Offering: Lithium Battery Pack Assembly, Residential and Commercial Energy Storage Equipment

Luminous Power Technologies has built a strong reputation in India’s energy storage segment, extending its expertise from traditional inverter batteries into lithium-ion battery module and pack assembly equipment. The company serves a diverse customer base spanning residential energy storage, commercial applications, and telecom backup power, making it one of the more versatile players in this market. Its Northern India presence aligns well with the region’s growing demand for reliable energy storage solutions amid expanding renewable energy installations.

Key Initiatives:

• Launch of dedicated lithium battery pack assembly lines for residential solar-plus-storage systems

• Investment in automated formation and testing equipment to improve cycle life consistency

• Expansion of production footprint across Northern and Western India to serve growing demand

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📳 7. HBL Power Systems Ltd.

Headquarters: Hyderabad, Telangana, India
Key Offering: Defense and Industrial Battery Pack Equipment, Nickel and Lithium-Based Assembly Systems

HBL Power Systems Ltd. occupies a unique niche in India’s battery module and pack equipment market, with deep expertise in defense, railway, and industrial battery applications. The company’s specialized equipment for nickel-based and lithium-based battery packs serves critical infrastructure sectors where reliability and performance under extreme conditions are non-negotiable. HBL has been fortifying its market position through substantial R&D investments and expansions into innovative equipment for defense-grade energy storage systems.

Key Initiatives:

• Development of high-reliability battery pack assembly equipment for railway and defense applications

• Strategic partnerships with global defense technology providers for specialized battery formats

• Ongoing expansion into lithium-based battery equipment to address civilian market growth

Read Full Report:
India Battery Module and Pack Equipment Market – View in Detailed Research Report

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📲 8. Okaya Power Pvt. Ltd.

Headquarters: New Delhi, India
Key Offering: Lead-Acid and Lithium Battery Pack Assembly, Testing Equipment, Consumer Electronics Battery Systems

Okaya Power Pvt. Ltd. has steadily grown its presence in India’s battery module and pack equipment sector by serving both traditional lead-acid battery markets and the emerging lithium-ion segment. The company’s diversified product portfolio allows it to address a wide range of end-user requirements, from consumer electronics and e-rickshaws to industrial backup power systems. Its Northern India manufacturing base provides strong logistical advantages for serving the densely populated markets of the NCR region and beyond.

Key Initiatives:

• Investment in semi-automated lithium battery pack assembly lines for the e-mobility segment

• Expansion into testing equipment for small-format battery packs used in consumer electronics

• Focus on cost-effective equipment solutions tailored for India’s price-sensitive mid-market segment

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📱 9. Base Corporation Ltd.

Headquarters: Mumbai, Maharashtra, India
Key Offering: Battery Module Assembly, Industrial Pack Systems, Customized Testing Rigs

Base Corporation Ltd. has established itself as a reliable provider of battery module assembly and industrial pack systems within India’s growing manufacturing ecosystem. The company focuses on delivering customized testing rigs and assembly solutions that address the specific quality requirements of industrial and automotive OEM clients. Its Western India base in Maharashtra places it at the center of India’s most active automotive and industrial manufacturing corridor, enabling strong customer proximity and rapid service delivery.

Key Initiatives:

• Development of modular testing rigs that improve pack reliability and longevity for industrial users

• Focus on customized equipment solutions that address niche requirements in industrial energy storage

• Ongoing capability upgrades to support lithium-based battery formats alongside traditional chemistries

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📰 10. Southern Batteries Pvt. Ltd.

Headquarters: Chennai, Tamil Nadu, India
Key Offering: Lead-Acid and Lithium Battery Pack Assembly Equipment, Automotive Battery Systems

Southern Batteries Pvt. Ltd. rounds out the top ten with a focused presence in South India’s battery manufacturing sector. The company leverages Tamil Nadu’s strong automotive manufacturing base to serve OEM clients in both the conventional and electric vehicle segments. Its equipment capabilities span lead-acid battery pack assembly to emerging lithium-based formats, giving it the flexibility to adapt as the regional market transitions toward cleaner energy storage technologies. The Southern region’s growing emphasis on renewable energy storage and EV production continues to create sustained demand for the company’s offerings.

Key Initiatives:

• Expansion of battery pack assembly capacity to serve Tamil Nadu’s growing EV manufacturing cluster

• Investment in automated quality inspection systems to meet stringent OEM standards

• Exploration of energy storage system equipment to capitalize on South India’s renewable energy boom

Read Full Report:
India Battery Module and Pack Equipment Market – View in Detailed Research Report

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🌎 Outlook: The Future of India’s Battery Module and Pack Equipment Market Is Automated and Ambitious

The India battery module and pack equipment market is undergoing a transformative shift. While traditional lead-acid battery systems still constitute a meaningful share of production, the industry is rapidly pivoting toward lithium-ion and next-generation battery technologies, driven by electric vehicle adoption, renewable energy storage mandates, and robust government-backed manufacturing incentives.

📈 Key Trends Shaping the Market:

• Rapid scale-up of domestic gigafactory infrastructure under the PLI scheme for Advanced Chemistry Cell battery storage

• Accelerating adoption of Industry 4.0 technologies including robotic assembly, AI-driven quality inspection, and digital twin manufacturing optimization

• Growing demand for energy storage system equipment aligned with India’s 500 GW renewable energy capacity target by 2030

• Emergence of solid-state and sodium-ion battery chemistries creating new equipment development opportunities for domestic manufacturers

Read Full Report:
India Battery Module and Pack Equipment Market – View in Detailed Research Report

The companies profiled above are not only powering India’s electric mobility revolution—they are collectively spearheading the nation’s transition toward energy self-sufficiency and advanced battery manufacturing leadership on the global stage.