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From The Economic Times

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India's battery energy storage sector set for 91% growth to 302GWh by FY32E: Nuvama

India's battery energy storage sector set for 91% growth to 302GWh by FY32E: Nuvama

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India's Battery Energy Storage System (BESS) sector is projected to register a compound annual growth rate (CAGR) of 91 per cent between FY26 and FY32E, according to a recent report by Nuvama. The expansion reflects a critical infrastructure cycle designed to support renewable integration, grid…

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