FEBRUARY 20234Tapping Renewable Energy The battery market in India is expected to grow significantly due to the increasing electricity demand, government interventions to promote the use of renewable energy, financial incentives, technological advancements, and rise in investments. The Indian government has increased investments in public transport and electric vehicles and is providing financial incentives, regulatory support, and infrastructure to attract manufacturers to set up production facilities in the country. Startups are playing a crucial role in the evolution of this market. In this issue, we have focused completely on this segment. The cover story of this issue features Meson Batteries which was established in Surat. A young battery manufacturing venture, Meson Batteries focuses on continuous development to provide an excellent product, good service, lowest maintenance cost and highest durability among other parallel products available in the market. It manufactures 100 percent recyclable and recycled batteries. Starting from the plastic containers to plates and even the acid, all the raw materials used by the firm in the batteries are recycled. Also featuring in the issue is Dabun which was the first to deliver a 100 percent domestic battery-less hybrid solar PCU to the Indian market. This was followed by the introduction of lithium batteries for solar sets, particularly larger kVA batteries, which proved to be difficult for Indian enterprises to implement. It offers conventional acid batteries as well as DPM for lithium phosphate batteries, which are currently dominating the market. Reading further, you will find more such stories. In addition, the issue also acquaints you with the other top startups in this domain. After studying the industry landscape in-depth, we have zeroed in on the top 10 startups that have excelled in this field with their meticulous approach. Having proven their dedication in order to meet the customer expectations in an end-to-end manner, these companies have stood out from the crowd. We look forward to receiving your feedback and suggestions. Sudhakar SinghManaging Editoreditor@theindustryoutlook.comVol 2 · Issue 10 - 3 · FEBRUARY, 2023Publisher Alok ChaturvediManaging Editor Sudhakar SinghAssociate EditorIndranil ChakrabortyAssistant Editor Heena KousarEditorial Team Design ManagerPrabhu Dutta A.R.N Ray Senior DesignerRajesh R B Visualizer Varun BAruna Kumari KAdvertising QueriesShubham Roy Hitesh MorayGM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Technologies Pvt. Ltd. and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2023 Biz Print Media Technologies Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Janifha Evangeline Samrat Pradhan Hridkamal RoyP. Tejaswini
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