India Lithium Market Report 2024-2030: Analysis by Products (Carbonates, Hydroxide), & Applications (Automotive, Consumer Electronics, Grid storage, Glass & Ceramics) [Yahoo! Finance]
TDK CORP S/ADR (TTDKY)
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Source: Yahoo! Finance
Product (Carbonates, Hydroxide), Application (Automotive, Consumer Electronics, Grid storage, Glass & Ceramics), and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering. The India lithium market size is anticipated to reach USD 294.1 million by 2030, registering a CAGR of 11.2% from 2024 to 2030 The increasing global demand for sustainable and renewable energy solutions has led to a surge in the need for lithium-ion batteries. India's focus on building its battery manufacturing ecosystem aligns with this growing demand, positioning the country as a key player in the market. With the consumer electronics market expected to grow rapidly and smartphone penetration rising, there is a rising need for efficient battery solutions, further fueling the demand for lithium. The substantial investments in lithium-ion battery manufacturing in India indicate a strong commitment to expanding production capabilities. These investments will meet domestic need
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