NEW DELHI, April 14 -- India plans to prepare an Approved List of Battery Manufacturers (ALBM) to be the exclusive equipment vendors for government-supported energy storage schemes and projects, following a similar mandate for the solar sector. The goal is to ensure the country's energy security by encouraging local manufacturing and reducing reliance on imports.

The government may announce its plans for ALBM and introduce draft norms for localization in the current fiscal year, two people familiar with the matter said. The Centre is expected to give a timeline to battery makers and consumers to comply with the norms and localize their supply chains.

"India Battery Vision 2047 would include all aspects of the battery supply chain, rangi...