The number of lithium-ion batteries imported by India quadrupled to 713 million in the last fiscal year, from 175 million in 2016-17. In terms of value, imports more than tripled to $1.23 billion in 2018-19, from $384 million two years earlier.
During the first eight months of this fiscal year – from April to the end of November – lithium battery imports touched 450 million units, worth $929 million, according to science and technology minister Harsh Vardhan, in a written reply to a question asked in the Lok Sabha lower house of the Indian parliament.
For the full story, please visit our pv magazine India site.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.