India’s lithium ion battery storage industry — which can store electricity generated by wind turbines or solar panels for when the sun isn’t shining or the wind isn’t blowing — makes up just 0.1% of global battery storage. But battery storage is growing fast, with around a third of India’s total battery infrastructure coming online just this year. It's still a long way from India's goals, with the Indian government estimating that the country will need about 74 gigawatts of energy storage from batteries, hydropower and nuclear energy by 2032. It current has just over 3 gigawatts of storage capacity.
