The 11th edition of India Energy Storage Week (IESW), set to take place from July 8 to 10 at New Delhi’s Yashobhoomi Convention and Expo Centre, will witness participation from over 200 domestic and international electric vehicle (EV) manufacturers. Organized by the India Energy Storage Alliance (IESA), the event aims to bolster India’s aspirations of becoming a global hub for electric vehicle manufacturing. With a focus on electric three-wheelers, two-wheelers, and passenger cars, IESW 2025 will showcase advancements in e-mobility, driven by supportive government policies, including the SPMEPCI initiative for electric passenger car production.
India’s Ascension as a Global EV Manufacturing Hub
India is rapidly transforming into one of the world’s largest markets for electric vehicles (EVs), thanks to favorable government policies and a burgeoning manufacturing ecosystem. The upcoming India Energy Storage Week (IESW) 2025 is poised to accelerate this shift, positioning the nation as a key player in the global EV market. With over 200 domestic and international manufacturers participating, the event underscores India’s growing importance in the electric mobility landscape.
Scheduled from July 8 to July 10 at the Yashobhoomi Convention and Expo Centre in New Delhi, IESW 2025 will showcase the latest advancements in electric vehicles, particularly in the three-wheeler and two-wheeler segments. India’s remarkable growth in these areas has been driven by supportive government initiatives such as the Production-Linked Incentive (PLI) Auto scheme, PLI for Advanced Chemistry Cell (ACC) manufacturing, and the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) program. These programs are designed to foster both demand and supply, creating a conducive environment for electric vehicle (EV) adoption.
India’s EV Market Growth: A Strategic Opportunity
According to Fortune Business Insights, India’s electric vehicle market is expected to reach USD 117.78 billion by 2032, growing at a compound annual growth rate (CAGR) of 22.4%. This rapid market expansion is indicative of the country’s potential to become a dominant force in the global EV industry. India’s growing focus on electric three-wheelers (e-3Ws) and two-wheelers (e-2Ws) has not only set the stage for substantial domestic growth but has also opened doors for international collaboration and investment.
The government’s targeted initiatives, including the SPMEPCI (Scheme to Promote Manufacturing of Electric Passenger Cars in India), are expected to play a pivotal role in enhancing India’s global competitiveness in electric four-wheelers (e-4Ws). With an eye on industrial transformation, the government aims to build a self-reliant and advanced manufacturing ecosystem in India. The SPMEPCI focuses on streamlining duties, incentivizing local value addition, and enhancing the nation’s engineering and R&D capabilities, which will help attract global technologies while bolstering indigenous manufacturing.
Global Participation and Opportunities at IESW 2025
IESW 2025 will bring together more than 150 key partners and exhibitors from over 10 countries, including Australia, Germany, France, the UK, Finland, Canada, the USA, Israel, and South Korea. With a focus on both innovation and investment, the event promises to facilitate cross-border collaborations that can further accelerate India’s position as a leader in the EV space.
As Gurusharan Dhillon, Director of eMobility at Customized Energy Solutions (CES), noted, the SPMEPCI strikes a strategic balance between incentivizing domestic manufacturing and introducing advanced global technologies. These elements, particularly in areas such as engineering, software development, and charging infrastructure, are critical to developing a robust EV ecosystem in India. Dhillon emphasized that the program’s integration of R&D, software, testing, and infrastructure would significantly contribute to strengthening India’s position as an EV manufacturing powerhouse.
IESA’s Role in Driving India’s EV Future
The India Energy Storage Alliance (IESA) has been at the forefront of advocating for clean transportation and the development of e-mobility technologies in India. As a membership-driven organization, IESA plays a critical role in bridging the gap between manufacturers, innovators, and policy-makers, helping to shape India’s EV future. Through the IESW 2025, IESA aims to bring together leading stakeholders to explore new opportunities in research, development, and manufacturing, ensuring that India remains competitive in the global EV market.
Debmalaya Sen, President of IESA, highlighted that SPMEPCI would be instrumental in advancing Prime Minister Narendra Modi’s vision of industrial transformation, particularly in the manufacturing of electric passenger vehicles. Through IESW 2025, India will witness a convergence of world-class innovations and foreign investments, which will fuel further growth in the country’s EV sector.
Collaborations and Innovations at IESW 2025
The 2025 edition of IESW will also serve as a platform for India’s state governments, including Gujarat, Odisha, Telangana, and Chhattisgarh, to collaborate and showcase their contributions to enhancing the national EV ecosystem. These states will present groundbreaking solutions aimed at improving the functionality of the existing infrastructure and accelerating India’s transition to clean, sustainable mobility.
The convergence of international stakeholders, combined with India’s ambitious government initiatives, will likely result in significant advancements in the country’s EV landscape. The event will provide a unique opportunity for the industry to come together, exchange ideas, and develop practical solutions that will shape the future of electric mobility in India.
Conclusion: A Step Towards a Sustainable Future
IESW 2025 is not just an exhibition—it represents a milestone in India’s journey towards becoming a global leader in electric vehicle manufacturing. The country’s fast-paced growth in the electric two-wheeler and three-wheeler markets, paired with transformative government policies, positions India as a key hub for innovation in the EV space. As the government continues to support manufacturing initiatives like SPMEPCI, India is poised to capture an even larger share of the global EV market in the coming years. With the support of key industry players and international partners, India’s future in clean transportation looks incredibly promising.
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