New Delhi, July 10 (IANS) India’s electric vehicle components market is expected to expand eightfold from Rs 41,000 crore in 2025 to Rs 3.55 lakh crore by 2032, a report said on Friday.The report from India Energy Storage Alliance and Customized Energy Solutions said battery packs, motors and power electronics will drive unprecedented growth in the domestic EV supply chain.The report unveiled at India Energy Storage Week 2026 at Yashobhoomi (IICC), here, projected a compound annual growth rate…
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New Delhi, June 18 (IANS) Cumulative energy storage system (ESS) installations in India’s commercial and industrial sector are projected to skyrocket over 30-fold from less than 1 GWh in 2025 to between 23 and 31 GWh by 2032, a statement said on Thursday.The industry body India Energy Storage Alliance (IESA) industry and Customized Energy Solutions (CES) in a report, attributes the rapid increase to rising electricity tariffs, demand for reliable high‑quality power, rapid adoption of renewab…
New Delhi, Dec 26 (IANS) Industry body India Energy Storage Alliance (IESA) and experts from across sectors on Friday called for faster skilling and employment reforms in 2026, saying India must move quickly to realise its potential as the world’s talent capital. With the largest youth population globally and nearly 75 per cent of its people in the working-age group, experts believe India has a major opportunity if government, industry and academia work together more closely.“The government …