Abstract
This study investigates challenges and solutions for India’s battery supply chain in the growing electric vehicle (EV) market. Key obstacles include raw material dependency, supply chain complexity, production costs, environmental impacts, rapid technological changes, and skilled workforce shortages. Methods involve reviewing current supply chains, evaluating government policies like the FAME and PLI schemes, and analyzing strategic partnerships with countries rich in lithium, cobalt, and nickel. Results show heavy reliance on imports exposes India to geopolitical risks and price volatility, while a fragmented supply chain hinders coordination and quality control. Establishing gigafactories is crucial but requires substantial investment. The study recommends enhancing domestic production, securing raw materials through exploration and international partnerships, investing in R&D for advanced technologies and alternative chemistries, and developing a skilled workforce through specialized training. Implementing these strategies will ensure a robust and sustainable battery supply chain, supporting EV market growth and positioning India as a leader in electric mobility. Further research should focus on long-term environmental impacts and the economic implications of a localized supply chain.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
