India Moves to Mandate Storage: Demand Visibility Improves, but Cell Localization Lags [SMM Analysis]

By MMPI News Desk On Nov 11, 2026 44 0

India plans to finalize rules by March 2027 requiring distribution companies to procure energy storage, improving medium-term demand visibility. Yet only 1 GWh of the 50 GWh planned under its battery PLI scheme has entered production, and cells and key materials still depend on China.

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