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The Economic Times
The Economic Times
Business

India's battery storage demand to hit 236.22 GWh by FY32, require Rs 3.49 trillion investment: Report

India

New Delhi: India's battery energy storage system (BESS) requirement is projected to surge nearly seven-fold to 236.22 GWh by FY2031-32, requiring investments of up to Rs 3.49 trillion, according to a Rubix Data Sciences report.

The country witnessed a sharp acceleration in BESS deployment in 2026, with 8.2 GWh of capacity added between January and June, compared with less than 100 MWh in the same period of 2025, it noted.

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