Press Releases

India’s grid-scale battery storage market is set for strong expansion, projected to surpass USD 12,620 million by 2032 as renewable integration, policy support and longer-duration storage contracts strengthen investment.

India’s BESS manufacturing market is set for significant expansion, projected to surpass USD 6,850 million by 2032 as localization, gigafactory capacity and import substitution strengthen domestic production.

India’s transmission infrastructure market is witnessing strong growth, expanding at a 13.3% CAGR through 2032, driven by renewable energy integration, grid modernization, rising electricity demand, and investments in high-capacity transmission networks.

India’s power transformer market is projected to reach USD 5.28 billion by 2032, expanding at a 13.7% CAGR as grid modernization, renewable energy integration and rising electricity demand drive transformer capacity additions.

India’s electricity demand from data centers, EVs and industrial electrification is projected to grow from USD 2.6 billion in 2025 to USD 18.05 billion by 2032, driven by AI compute, EV charging, green hydrogen, data center expansion and the electrification of industrial processes.

The India Renewable Energy Curtailment Market report analyzes market size, grid constraints, renewable power losses, growth drivers, key trends, challenges, and emerging opportunities shaping the renewable energy sector through 2032.

The India Distribution Transformer Market report provides insights into market size, segmentation, growth drivers, challenges, emerging trends, procurement demand, grid modernization, and competitive dynamics. It analyzes product types, power ratings, efficiency classes, applications, end-users, and regional markets, offering a comprehensive outlook through 2032

India’s engineering plastics market is undergoing a structural transformation, moving away from imported prime resin and metal components toward domestically produced and compounded ABS, polyamide, polycarbonate, PBT, POM, and high performance polymers consumed across automotive, electronics, appliances, industrial machinery, and medical devices, supported by record vehicle production, electronics manufacturing under PLI, and fresh capacity additions […]

India High-Performance Polymers Market is projected to reach USD 2,060 million by 2032, driven by EVs, electronics, energy manufacturing, and rising domestic fluoropolymer capacity.

The India Fluoropolymers Market is projected to grow from USD 585 million in 2025 to USD 1,060 million by 2032 at a CAGR of 8.9%, driven by rising demand for PTFE, PVDF, FEP and PFA across chemical processing, EVs, solar, batteries, electronics and semiconductor manufacturing.