The battery industry in India that mainly comprises automobile, tubular and lead acid batteries, has been registering spectacular growth over the years. Exide Industries Ltd (‘EIL’) occupies dominant position in Indian battery manufacturing industry. EIL is the largest storage battery producing company in India majorly focused on the segment of automotive and industrial lead-acid batteries. The company manufactures the widest range of storage batteries in the world from 2.5 Ah to 20,400 Ah capacity, covering the broadest spectrum of applications like defence, telecom, marine etc. The ‘Amaron’ brand of Amara Raja Batteries Ltd is the largest automotive battery brand in India today. Firefly Battery Pvt Ltd manufactures batteries for various applications such as telecom, UPS, power, oil and gas, solar, generator, railways. The other major players are Luminous Power Technologies Pvt Ltd, HBL Power Systems Ltd, Su-Kam Power Systems Ltd, Okaya Power Pvt Ltd, Southern Batteries Pvt Ltd, Base Corporation Ltd etc. The growth of battery industry is driven by increased demand for battery generated from various sectors such as manufacturing, automobile, hospitality, bank and other industrial applications. In the year 2015, the leading lead acid battery manufacturers of India joined India Energy Storage Alliance (IESA) which is is the leading alliance in this market to promote energy storage adoption across applications and provides a platform for various stakeholders to boost and help this market to grow.