The country's battery industry is expected to generate 1.5 million to 2 million jobs by 2029-30 as it enters its most capital- and employment-intensive phase, evolving from an assembly-and import-dependent sector into a fully integrated cell-to-recycling industrial ecosystem, talent company Adecco India said.
India's battery industry is moving from importing and assembling lithium-ion cells to manufacturing batteries domestically, spanning across cells, complete battery packs, and recycling, Adecco India Director and Head of General Staffing Deepesh Gupta told PTI.
The industry could create 1.5 million to 2 million jobs by 2030, with about 25% direct jobs and 75% indirect jobs.
Hiring is expected to grow by 25-30% annually, according to Adecco India.
This insight about the battery industry by Adecco India is based on inputs from over 30 of its client based in the country.
