The lead acid battery market in India is expected to grow at a CAGR of 8% during the forecast period 2021-2027. We support our citizens by significantly increasing our renewable energy production capacity. This is estimated to be an important driver for the lead-acid battery market. The growing adoption of EVs is likely to impede sales of conventional internal combustion engine (ICE) vehicles, which is expected to hamper the growth of the market studied.
A full report of India Lead-Acid Battery Market available at: https://www.orionmarketreports.com/india-lead-acid-battery-market/59857/
India Lead-Acid Battery Market Segmentation
By Application
• SLI (Start, Light, and Ignition Batteries)
• Industrial
• Other Applications
Major Players
• Exide Industries Ltd.
• Amara Raja Batteries Ltd
• Luminous India
• HBL Power Systems Ltd
• Okaya Power Pvt. Ltd.
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