Industry Roundtable ahead of The Battery Show India 2025
Informa Markets in India, the country’s leading exhibition organiser, hosted a high-profile Industry Roundtable in Pune on October 15th at the JW Marriott, serving as a pivotal preview to the upcoming 3rd edition of The Battery Show India (TBSI) 2025. The event is set to be held alongside Renewable Energy India (REI) from October 30th to November 1st, 2025, at the India Expo Centre & Mart (IEML), Greater Noida.
The roundtable brought together key stakeholders from the energy storage and electric mobility ecosystem to deliberate on the sector’s growth trajectory, technological advancements, and emerging opportunities, underscoring the immense potential for investment, collaboration, and technological advancement across the value chain. The Indian EV battery market is projected to grow from USD 16.77 billion in 2023 to USD 27.70 billion by 2028.
Industry leaders noted a global shift toward a technology-agnostic powertrain mix and stressed that while Indian policies like FAME and PLI are accelerating EV adoption and localization, the next critical step is incentivizing LFP battery recycling and building 'India-first' products for self-reliance.
Pune, a hub for major automotive OEMs and battery R&D, played a crucial role in the discussions. Mr. Prajyot Sathe, Research Director, Mobility - Electric Vehicles, Frost & Sullivan, offered insights into market forecasts.
"The global electric passenger car market is evolving rapidly and is expected to reach around 21 million units by the end of 2025," said Mr. Prajyot Sathe. "In comparison, India’s passenger EV market closed at nearly 99,000 units in 2024 and is projected by Frost & Sullivan to reach approximately 140,000 units in 2025, with 99.9% being pure battery electric vehicles. Looking ahead, the Indian market is expected to grow to about 700,000 units by 2030, representing 7–8% penetration of total passenger vehicle sales."
He noted that this growth is being fuelled by "supply chain localization, cross-industry collaborations, and rapid technological advancements," with Tata Motors and Mahindra & Mahindra expected to lead the battery-electric segment, while new entrants like Tesla and VinFast strengthen the premium segment.
Mr. Rajneesh Khattar, Senior Group Director, Informa Markets in India, highlighted the market potential The Battery Show India aims to address. “The India Battery Management System market, valued at USD 278 million in 2024, is projected to reach USD 1,224 million by 2033, growing at a CAGR of 17.9%. This growth is driven by the rapid adoption of electric vehicles, renewable energy integration, and advancements in battery technologies."
TBSI 2025, India’s largest dedicated platform for battery and energy storage, will feature 350+ exhibitors and 400+ brands from countries including Japan, USA, Korea, Taiwan, and China. Supported by the Department of Science & Technology and the Ministry of Heavy Industries, the expo will showcase advancements in cell manufacturing and energy storage systems, with an expected footfall of over 20,000 trade visitors. A key highlight will be the live display of Battery Energy Storage Solutions (BESS) across various applications.
