India ranks 18th in global lithium-ion battery supply chain: Where it stands and what needs to improve
India is emerging as a growing participant in the global lithium-ion battery ecosystem, but its supply-chain capabilities remain uneven across key segments. BloombergNEF’s 2025 ranking places India 18th globally, with stronger positions in raw materials, battery manufacturing and downstream demand.
- Sep 23, 2026,
- Updated Sep 23, 2026 7:05 PM IST
India ranked 18th globally in BloombergNEF’s 2025 lithium-ion battery supply-chain ranking, highlighting both its growing position in the battery ecosystem and gaps in manufacturing infrastructure, innovation and ESG performance. The ranking was cited in DSP’s September 2026 transcript on the evolving battery industry.
The ranking assesses countries across raw materials, battery manufacturing, ESG, industry, innovation and infrastructure, and downstream demand. China topped the overall ranking, followed by Canada and the US.
India’s overall position reflects a mixed performance across these parameters. It ranked 13th for raw materials and 10th for battery manufacturing, indicating relatively stronger positions in these parts of the supply chain. However, it ranked 26th on ESG, 21st on industry, innovation and infrastructure, and 13th on downstream demand.
China remains dominant
China's position at the top of the battery supply chain remains particularly significant. DSP noted that the country holds roughly 90% of global anode-material capacity and close to all of the world's graphitisation capacity, making graphite a major potential bottleneck for the battery industry.
ALSO READ: BT Explainer: Why JSW Group is putting its plans to make battery cells in India on hold
The battery market is also undergoing a significant chemistry shift. Lithium iron phosphate, or LFP, accounted for more than 55% of global EV batteries in 2025, up sharply from 24% in 2021. The transcript attributes the shift largely to cost, with LFP packs more than 40% cheaper per kWh than NMC packs in 2025.
Battery demand set to expand
The supply-chain ranking comes as global battery demand is expected to expand sharply. DSP's estimates show total battery demand rising from around 1,591 GWh in 2025 to 3.5–4.4 TWh by FY30, implying an annual growth rate of roughly 17–23%. Electric vehicles remain the largest demand pool, while energy storage and AI data centres are emerging as important sources of incremental demand.
AI data centres are projected to be the fastest-growing segment, with battery demand estimated to increase from about 15 GWh in 2025 to 209–300 GWh by FY30.
For India, the ranking therefore comes against a rapidly expanding global market. Its relatively stronger scores in raw materials, battery manufacturing and downstream demand provide a base, while its lower rankings in ESG and industry, innovation and infrastructure point to areas that remain important for strengthening its position in the global lithium-ion battery supply chain.
DO READ: India eyes ₹13,000 crore battery component push to reduce reliance on China: Report
India ranked 18th globally in BloombergNEF’s 2025 lithium-ion battery supply-chain ranking, highlighting both its growing position in the battery ecosystem and gaps in manufacturing infrastructure, innovation and ESG performance. The ranking was cited in DSP’s September 2026 transcript on the evolving battery industry.
The ranking assesses countries across raw materials, battery manufacturing, ESG, industry, innovation and infrastructure, and downstream demand. China topped the overall ranking, followed by Canada and the US.
India’s overall position reflects a mixed performance across these parameters. It ranked 13th for raw materials and 10th for battery manufacturing, indicating relatively stronger positions in these parts of the supply chain. However, it ranked 26th on ESG, 21st on industry, innovation and infrastructure, and 13th on downstream demand.
China remains dominant
China's position at the top of the battery supply chain remains particularly significant. DSP noted that the country holds roughly 90% of global anode-material capacity and close to all of the world's graphitisation capacity, making graphite a major potential bottleneck for the battery industry.
ALSO READ: BT Explainer: Why JSW Group is putting its plans to make battery cells in India on hold
The battery market is also undergoing a significant chemistry shift. Lithium iron phosphate, or LFP, accounted for more than 55% of global EV batteries in 2025, up sharply from 24% in 2021. The transcript attributes the shift largely to cost, with LFP packs more than 40% cheaper per kWh than NMC packs in 2025.
Battery demand set to expand
The supply-chain ranking comes as global battery demand is expected to expand sharply. DSP's estimates show total battery demand rising from around 1,591 GWh in 2025 to 3.5–4.4 TWh by FY30, implying an annual growth rate of roughly 17–23%. Electric vehicles remain the largest demand pool, while energy storage and AI data centres are emerging as important sources of incremental demand.
AI data centres are projected to be the fastest-growing segment, with battery demand estimated to increase from about 15 GWh in 2025 to 209–300 GWh by FY30.
For India, the ranking therefore comes against a rapidly expanding global market. Its relatively stronger scores in raw materials, battery manufacturing and downstream demand provide a base, while its lower rankings in ESG and industry, innovation and infrastructure point to areas that remain important for strengthening its position in the global lithium-ion battery supply chain.
DO READ: India eyes ₹13,000 crore battery component push to reduce reliance on China: Report