IESA Knowledge Paper on India Lead Acid Battery Market 2016 – 2020 (Stationary and Motive Applications)
IESA estimates the overall market size for lead-acid battery in India at around INR 27,000 Crore (USD 4.2 billion) in 2015-16. Out of this, the share of batteries in stationary and motive application is around INR 12,650 crore (USD 1.9 billion). Stationary and motive applications are poised for a major growth going forward and IESA forecasts the market size at around INR 24,900 crore (USD 4 billion) by 2020 representing a CAGR of 13% in the next 5 year period. Read More
