Havells partners with Pixii on battery storage push in India

Havells India, a manufacturer of electrical goods, has agreed to combine its production base, distribution network, and knowledge of the Indian market with Pixii’s modular battery storage technology.

The companies said they will pursue a phased roadmap: starting with pilot installations to validate commercial opportunities, then co-developing an all-in-one energy storage solution, and eventually moving toward local manufacturing in India. The partnership will target the residential, commercial, and industrial (C&I) storage segments.

Havells said it will contribute its manufacturing base, distribution network, and knowledge of the Indian market, while Pixii will provide its modular battery storage technology.

Pixii’s product range spans systems from a few kilowatt-hours to multi-MWh in scale, serving grid-scale, C&I, and EV charging applications. The company has previously partnered with TVS Indeon, a Lucas TVS subsidiary, to scale distributed battery storage systems in India’s commercial and industrial segments.

Havells and Pixii said India’s residential and commercial and industrial battery energy storage system (BESS) market is expected to reach INR 100 billion ($1.05 billion) to INR 120 billion by fiscal year 2030, growing at more than 100% compound annual growth rate over the next three years.

Separately, Mordor Intelligence said that India’s overall BESS market is worth $2.05 billion this year, rising to $8.59 billion by 2031 at a 33.2% compound annual growth rate.

“India represents one of the world’s most exciting growth markets for energy storage,” said Thomas Ingebretsen, CEO of Pixii. “Through our collaboration with Havells, we are combining Pixii’s differentiated technology with a trusted local partner that brings deep market expertise, manufacturing strength and an extensive customer reach.”