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Business / Fri, 14 Aug 2026 Nikkei Asia

India's battery materials bet races ahead of lithium cell making plans

Indian companies like Ola Electric have announced plans to make lithium-ion battery cells under a government subsidy program, but Chinese technology transfer restrictions have forced most of them to delay or stall cell manufacturing. © ReutersBENGALURU -- Indian chemical companies pouring billions of rupees into plants to make lithium-ion battery materials are facing a lack of domestic customers, after Chinese restrictions on technology transfers have delayed the development of cell manufacturing.

Indian companies like Ola Electric have announced plans to make lithium-ion battery cells under a government subsidy program, but Chinese technology transfer restrictions have forced most of them to delay or stall cell manufacturing. © Reuters

BENGALURU -- Indian chemical companies pouring billions of rupees into plants to make lithium-ion battery materials are facing a lack of domestic customers, after Chinese restrictions on technology transfers have delayed the development of cell manufacturing.

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