India Lithium Ion Battery Market Research Report

The rising demand for consumer electronics and electric vehicles is a major factor surging the growth of the India lithium-ion battery market. The government of India introduced initiatives such as FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) will drive the growth of electric vehicles. The numerous government initiatives to decrease carbon emission is a growing requirement for an electric vehicle in India, which increases the demand for Li-ion batteries owing to its fast charging and high density.

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