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India's ACC battery demand to hit 700 GWh by 2030, says Nuvama
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India's ACC battery demand projected to grow 39% CAGR to 700 GWh by 2030, per Nuvama report.
Growth driven by electric vehicles and battery energy storage systems (BESS).
India shifting from battery material importer to domestic producer.
Surge fostering domestic battery chemicals and manufacturing ecosystem.
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Rajeev Chandrasekhar / Jupiter Capital interests historically