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

Materials
Chinese restrictions have slowed cell production, forcing chemical firms to look abroad
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
ANANTA AGARWAL
August 14, 2026 12:00 JST
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.




