Here’s a comprehensive overview of companies setting up lithium-ion gigafactories in India, including their current status and expected timelines:
🔋 Lithium-Ion Gigafactories in India: Who’s Doing What?
| Company | Location | Capacity & Type | Status & Timeline |
|---|---|---|---|
| Amara Raja Energy & Mobility | Divitipalli, Telangana | 16 GWh cell + 5 GWh pack capacity | Construction begun; first production lines by Q4 2026, full 16 GWh by FY 2029 (, ) |
| Exide Industries | Bengaluru, Karnataka | Phase 1: 6 GWh cell; Phase 2: 12 GWh total | Phase 1 commercialisation targeted end 2024–25; expansion into 2026 |
| Ola Electric | Pochampalli, Tamil Nadu | Scooter cell gigafactory; replaced imports | Mass production began in 2024; full cell production to start in 2025 |
| International Battery Co (IBC) | Bengaluru, Karnataka | Cells for small mobility (scale-up 9 months) | Giga factory construction; production to start within 9 months (~Q3 2025) |
| Reliance Industries | Jamnagar, Gujarat | 30 GWh battery systems → cells | Phase 1 systems/packs by H2 2026, later cell capacity; part of ₹75 000 cr giga complex |
| Tata Group (Agratas) | Gujarat (Tata Motors JV) | Lithium-ion cell factory | $1.5 bn, 2026 start; full integration by 2028 |
| JSW Energy & LG Energy | Location TBC in India | 10 GWh capacity joint venture | Planned by end-2026, pending final agreement |
| Cygni Energy | Hyderabad, Telangana | BESS gigafactory | Phase I launched April 2025 |
📌 Key Observations
- Lead players moving fastest: Amara Raja, Exide, Ola Electric, and Reliance are advancing rapidly, with production lines expected in 2025–2026.
- Strong growth pipeline: Tata and JSW/LG joint ventures aim to enhance cell manufacturing capacity by 2028–2029.
- Growing diversity: Both global players (LG, Reliance) and local startups (IBC, Cygni) are actively contributing to the ecosystem.
- Strategic push under “Make in India”: The government’s incentives have catalyzed private and joint-venture gigafactory investments.
✅ What It Means for Stakeholders
- Investors: Companies with tangible gigafactory progress (e.g., Amara Raja, Exide, Ola, Reliance) are close to unlocking new revenues.
- Industry: India is poised for a multi-GWh cell manufacturing boom that supports EV, industrial storage, and export markets.
- Policymakers: Success hinges on stable infrastructure, regulatory clarity, and continued PLI support.
As of mid‑2025, two companies in India currently have operational lithium-ion gigafactories—meaning their first production lines are live and delivering real batteries:
✅ Currently Functional Lithium‑Ion Gigafactory in India
1. Ola Electric Mobility Ltd.
- Location: Krishnagiri (Tamil Nadu)
- Facility: 4680-format cylindrical cell production
- Status:
- Cell production commercially started on March 22, 2024 (phase 1a with 1.4 GWh capacity) (, , ).
- Expanding to total 5–6.4 GWh capacity by early 2025 (phase 1b/1c) .
- Notes: Phase 1a is operational; further scaling underway. The “Ola Gigafactory” will integrate these cells into scooters by 2025 ().
2. Cygni Energy
- Location: Maheshwaram, Hyderabad (Telangana)
- Facility: BESS module assembly (Battery packs for grid and EV)
- Status:
- Phase I (4.8 GWh pack assembly) commissioned and operational as of April/May 2025 (, ).
- Notes: Packs—not cells—but delivers fully operational storage modules at scale.
🧭 Summary: Operational Facilities in India
| Company | Location | Type | Capacity | Operational Since |
|---|---|---|---|---|
| Ola Electric | Krishnagiri, TN | Cell manufacturing | ~1.4 GWh (Phase 1a) | March 2024 (cell) |
| Cygni Energy | Hyderabad, Telangana | Battery pack (BESS) assembly | 4.8 GWh | April/May 2025 |
🔍 Key Insights
- Ola Electric is currently producing cylindrical lithium-ion cells in India—the first real step into cell manufacturing.
- Cygni Energy is the only company with a fully commissioned gigafactory (at least for pack assembly) delivering battery modules at scale.
- Other announced projects (like Amara Raja, Exide, Reliance, Tata) are still in construction or planning; they are not yet producing commercial batteries.
India is experiencing a massive wave of lithium-ion battery gigafactory development, with multiple companies establishing manufacturing facilities across different states. Here’s a comprehensive overview of the major players and their current status:
Major Gigafactory Projects by Company
Reliance Industries
Location: Jamnagar, Gujarat (Dhirubhai Ambani Green Energy Giga Complex)
Capacity: 30 GWh annual capacity (expandable to 20 GW modularly)
Investment: Significant (amount not disclosed)
Status: Construction already begun
Expected Completion: Second half of 2025
Special Features: World’s largest, most modern, modular, and integrated ecosystem at a single location with backward integration to cell manufacturing and battery chemicals
Tata Group (Agratas Energy Storage Solutions)
Location: Sanand City, Gujarat
Capacity: 20 GWh lithium-ion storage battery factory
Investment: ₹13,000 crore ($1.6 billion)
Status: Construction expected to begin soon
Expected Completion: December 2026
Additional: Tata Chemicals signed MoU for 20-gigawatt manufacturing unit for lithium-ion cells
Exide Energy Solutions Ltd (EESL)
Location: Bengaluru, Karnataka (80-acre campus)
Capacity: Multi-gigawatt-hour facility
Investment: Not disclosed
Status: Under construction with Honeywell providing building automation
Expected Completion: 2025
Special Features: Bengaluru’s first multi-gigawatt-hour lithium-ion cell manufacturing facility
Ola Electric
Location: Not specified
Capacity: Claims to be India’s biggest cell gigafactory
Investment: Not disclosed
Status: Construction begun
Expected Completion: Not specified
Special Features: Positioned among the world’s largest such facilities
Cygni Energy
Location: Maheshwaram, Telangana (E-Mobility Valley)
Capacity: 4.8 GWh (Phase 1), expanding to 10.8 GWh (Phase 2)
Investment: ₹1 billion (Phase 1), additional ₹1.5 billion (Phase 2)
Status: Already operational (inaugurated in May 2025)
Expected Completion: Phase 2 expansion over next two years
Special Features: India’s first LEED-certified battery gigafactory
GODI India
Location: Hyderabad, Telangana
Capacity: Not specified
Investment: Not disclosed
Status: Planning phase
Expected Completion: Originally planned for 2024
Focus: Exclusively dedicated to lithium-ion cells for electric vehicles
Suzuki-Toyota Joint Venture
Location: Gujarat
Capacity: Not specified
Investment: Not disclosed
Status: Under establishment
Expected Completion: Not specified
Special Features: Joint venture between Suzuki Motor Corporation and Toyota Motor Corporation
Currently Operational Plants
Gujarat (5 Operational Plants)
- TDS Lithium Ion Battery Gujarat Pvt Ltd: Two plants at Becharaji (expanding with ₹130 crore investment, completion expected March 2025)
- Tata Autocomp Gotion Green Energy Solutions Pvt Ltd: One plant operational
- Exide Energy Solutions Ltd: One plant operational
- Volherm Innovation Pvt Ltd: One plant operational
Upcoming Projects
Waaree Energy Storage Solutions Pvt Ltd
Location: Valsad, Gujarat
Investment: ₹2,100 crore
Expected Completion: March 2026
Current Industry Status
India’s lithium-ion battery manufacturing capacity currently stands at 6.7 GWh as of end-2023, but the country’s battery demand is projected to grow 19-fold from 13 GWh in 2024 to 244 GWh by 2035. The government’s PLI (Production-Linked Incentive) scheme targets 50 GWh of cell manufacturing in the next 18-24 months.
Key Observations
Geographic Distribution: Gujarat emerges as the leading state with multiple projects, followed by Telangana and Karnataka. This concentration leverages existing industrial infrastructure and government support.
Timeline Challenges: Several projects originally planned for 2024 have been delayed, with most major facilities now expected between 2025-2026.
Investment Scale: Total disclosed investments exceed ₹20,000 crore across major projects, indicating the massive capital commitment to this sector.
Technology Focus: Most facilities are focusing on lithium-ion cell manufacturing with some planning backward integration to battery chemicals, positioning India as a comprehensive battery manufacturing hub for both domestic and export markets.
The ambitious plan to establish 12 gigafactories by 2030 appears well on track, with multiple projects in various stages of development across the country.