India Lead Acid Battery Market Outlook (2021-2027) | 6Wresearch
India Lead Acid Battery Market Synopsis India Lead Acid Battery Market witnessed significant growth in recent years owing to its cost-effectiveness and high recyclability. The main drivers for lead acid battery in India are rising urbanization and increased focus on EVs by the government. Although, the Covid-19 outbreak resulted in a significant decline in the lead acid market on the back of the falling commercial sector in India during 2020 and the decline in automobile production. Growing advancement in technology coupled with the strengthening of the telecommunication sector is adding to the Lead Acid Battery Industry in India. Moreover, the growing energy generation and rising demand for its storage are also the key factors fostering the growth of the market. According to 6Wresearch, the India Lead Acid Battery Market is projected to grow at a CAGR of 6.5% during 2021-2027. The primary reason for the projected growth would be rising data centres in the country, re...