India hikes customs duty for lithium-ion batteries from 10% to 20%

LinkedIn
Twitter
Reddit
Facebook
Email
Bridge to India said this is not helpful for the growth of the energy storage industry, while the impact of a customs duty change on solar glass is debatable. Flickr: Pranshu Rathi

The Indian national Budget has seen a hike in customs duties for lithium-ion batteries from 10% to 20%.

Surbhi Singhvi, manager, consulting at Bridge to India, wrote that is not helpful for the growth of the storage industry, which is already struggling with viability challenges.

Indian finance minister Arun Jaitley announced budget for the financial year 2018-19 last week, in which renewable energy was largely absent, bar a renewed emphasis on solar pumps for farmers across India.

Singhvi added: “Overall, it is disappointing for such a vital sector of the economy to receive such little attention. There is a dearth of new ideas and little attempt is being made to harness new technologies and business models – gasification, electric vehicles, storage, smart grids – to achieve India’s energy transition.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Indian PV manufacturers did receive a boost from the customs duty on solar glass being removed, but the benefits have been disputed.

Nevertheless, India’s energy storage industry did make prgoress last week with the start of construction on the country’s largest energy storage project, which was deemed as having strategic importance for regulators.

Read Next

Premium
August 26, 2026
In May, US automotive group Ford made the surprise announcement that it was launching a BESS product via new division Ford Energy. In this deep dive article, we look at its product’s specifications and how they compare to other existing solutions.
August 21, 2026
India’s battery storage sector will remain far from self-sufficient in cell supply for at least a decade, Wood Mackenzie says.
August 19, 2026
Energy-Storage.news speaks with Raafe Khan, head of energy storage at Camelot Energy Group, ahead of the upcoming Battery Asset Management Summit (BAMS) USA in Garden Grove, California.
August 19, 2026
Egypt’s Minister of Industry laid the foundation stone at Sungrow’s BESS factory site in the Suez Canal Economic Zone earlier this week.
August 19, 2026
CATL’s Core Operation Carbon Neutrality Launch Event was held in Ningde, Fujian Province, China, on 17 August.