As India charts its clean energy future, Maharashtra is quickly emerging as a powerhouse in lithium-ion battery production. Here’s a deep dive into the state’s top battery manufacturers—and how Vardhaan Lithium is uniquely positioned to lead in the lithium refining and battery value chain.

Top Players in Maharashtra’s Battery Landscape

Exide Industries / Exide Energy Solutions

• A legacy in battery manufacturing, Exide has long led the lead-acid and storage segments, with major facilities in Ahmednagar, Chinchwad, and Taloja (Maharashtra).

• Its subsidiary, Exide Energy Solutions, is building a 12 GWh lithium-ion cell plant in Bengaluru, and currently assembles lithium modules in Gujarat.

Amara Raja Batteries (ARBL)

• Among India’s largest battery producers, Amara Raja recently partnered with China’s Gotion to bring LFP (lithium iron phosphate) cell technologies to India under licence.

• Though headquartered in Hyderabad, its technology partnerships serve Maharashtra-based OEMs with advanced battery solutions.

Artek Energy (Pune)

• A locally focused manufacturer specializing in lithium-ion and LFP battery packs for EVs, solar storage, and industrial applications. Known for its innovation and Maharashtra-based operations.

Bentork Industries (Pune)

• Recognized for lithium-ion and LFP battery technology, Bentork manufactures packs for EVs, robotics, solar street lighting, and industrial use across India.

Vardhaan Lithium: Disrupting the Chain with Vertical Integration

While established players focus on battery packs and modules, Vardhaan Lithium stands apart with its vision to transform India’s upstream lithium ecosystem:

• India’s first fully integrated lithium refinery + battery manufacturing hub in Butibori, Nagpur—a 500-acre campus supported by a ₹42,532 crore investment.

• Annual refining capacity of 60,000 tonnes and battery output of 20 GWh—anchoring both supply and manufacturing locally.

• Technology partnerships with U.S. and European firms ensure global-grade purification and processing systems.

• Vertical sourcing from its Zimbabwe mining venture stabilizes supply and mitigates global volatility.

Why Vardhaan Lithium Represents a Strategic Leap

• Full lifecycle coverage: From sourcing lithium ore overseas to refining it domestically and manufacturing cell-to-pack solutions under one roof.

• National policy alignment: Supports Make in India, PLI scheme for advanced chemistry cells, and clean mobility goals.

• Supply chain resilience: With upstream sourcing commitments and in-house refining, Vardhaan reduces external dependencies.

• Scale with sustainability: High-volume production backed by modern environmental safeguards and global-standard technology.

In Summary

• Maharashtra’s battery sector is shuttered between pack-level assembly companies like Exide, Artek, and Bentork.

• Meanwhile, Vardhaan Lithium is revolutionizing the industry by filling a critical upstream gap—leveraging large-scale refining and manufacturing.

• As global demand intensifies and India seeks strategic autonomy, Vardhaan’s model brings unmatched depth and strategic value to the state’s clean energy ambitions.