4, Sep 2026
Goyal Pushes Nationwide FTA Drive to Take Indian Exports to Global Markets
Union Commerce and Industry Minister Piyush Goyal has called for a nationwide campaign to ensure that Indian businesses make greater use of the country’s expanding network of Free Trade Agreements (FTAs). Speaking at a national workshop on leveraging FTAs in New Delhi, Goyal said the benefits of preferential market access must reach businesses at the grassroots, including MSMEs, startups, traders, first-time exporters and women entrepreneurs across all 780 districts. He said wider FTA utilisation would be critical to expanding India’s global trade footprint and supporting the country’s long-term ambition of becoming a $30 trillion economy by 2047.
The Minister pointed to India’s recent economic performance, including 7.8% GDP growth in the first quarter, as evidence of the economy’s resilience amid global uncertainty. He said India’s nine existing FTAs cover economies accounting for around $60 trillion in GDP and offer preferential access to nearly two-thirds of global trade. With additional agreements and market-access initiatives under consideration, India could gain preferential access to about 75% of global trade at more competitive tariff rates, he said. Goyal stressed that the effectiveness of an FTA should ultimately be judged by how Indian exporters fare against competitors in the same markets.
India is targeting $1 trillion in exports this year, with exports touching nearly $317 billion during the first four months, up from about $280 billion in the same period last year. Goyal said sectors ranging from textiles and engineering to electronics, pharmaceuticals, chemicals, agriculture, marine products, gems and jewellery and leather have significant potential in international markets. He also called for stronger institutional support to help exporters overcome challenges related to standards, sanitary and technical requirements, regulatory approvals and logistics. The government, he said, must particularly ensure that smaller exporters are not left behind as new trade opportunities emerge.
Goyal also outlined a last-mile strategy to convert FTAs into actual export growth. States have been asked to identify products and clusters where FTA benefits are already visible as well as areas where opportunities remain untapped. He urged Export Promotion Councils and industry associations to expand their outreach to smaller businesses, provide information in local languages and bring more exporters into international trade delegations. The workshop also examined the Export Promotion Mission and Districts as Export Hubs, with state-level discussions focused on export clusters, barriers to FTA utilisation and required government support. The Centre said the broader effort aims to deepen Centre-State coordination and ensure the country’s trade agreements translate into jobs, foreign exchange earnings, and wider participation in global commerce.
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- By Neel Achary
4, Sep 2026
GeM, Textiles Committee Join Hands to Promote Recycled and Upcycled Textile Products
The Government e Marketplace (GeM), under the Ministry of Commerce and Industry, and the Textiles Committee (TC), Ministry of Textiles, have signed a Memorandum of Understanding (MoU) to promote the procurement of recycled and upcycled textile products made from pre- and post-consumer textile waste, scrap and second-hand clothes.
The partnership, formalised during the 62nd Foundation Day celebrations of the Textiles Committee in Mumbai, seeks to create new market opportunities for enterprises operating in India’s circular textile economy.
The collaboration aims to establish a “Waste-to-Value-to-Market” ecosystem, enabling textile waste and discarded materials to be converted into quality, value-added products for government procurement. Under the agreement, the Textiles Committee will identify, verify, certify and recognise eligible manufacturers and producers of recycled and upcycled textile products. It will also support stakeholder consultations, capacity building, market research and the formulation of technical specifications for such products.
GeM, meanwhile, will develop dedicated categories for recycled and upcycled textiles, facilitate seller registration and provide online market access to government buyers. Training and handholding will be extended to recyclers and last-mile upcyclers to help them participate in public procurement.
The partnership will follow a hub-and-spoke model, with Textiles Committee offices supporting outreach, mobilisation, capacity building and the development of suitable product specifications and catalogues. The initiative will particularly benefit women-led enterprises, MSMEs, artisans, local businesses and other circular-economy participants.
The event was attended by Union Minister of Textiles Shri Giriraj Singh and Maharashtra Minister of Textiles Shri Sanjay Savkare. The MoU was signed by Additional CEO, GeM, Shri Ajit B. Chavan, and Secretary, Textiles Committee, Shri Kartikay Dhanda, in the presence of senior officials and industry stakeholders. GeM CEO Shri Mihir Kumar said the partnership would connect certification, standardisation and market access, enabling government procurement to generate reliable demand for products made from textile waste. The initiative is expected to promote resource conservation, sustainable livelihoods and responsible consumption while supporting the country’s transition towards a circular and resource-efficient textile economy.
4, Sep 2026
ELC 2.0 to Empower Youth and Strengthen Democratic Participation: CEC Gyanesh Kumar
The Election Commission of India (ECI) held its fourth regional conference on Electoral Literacy Clubs (ELC 2.0) and ECINet in Goa, with a focus on enhancing electoral awareness and democratic participation among young citizens. Chief Election Commissioner Shri Gyanesh Kumar said students are the future of the country and that Electoral Literacy Clubs can play a crucial role in strengthening the world’s largest democracy by helping young people understand electoral processes and democratic values.
Interacting with students and teachers from schools, colleges and universities across Goa, the CEC described ELCs as important platforms for developing informed and responsible citizens. He also emphasised that elections in India are conducted in accordance with the Constitution, laws and instructions issued by the ECI, with transparency maintained through the concurrent participation and audit of recognised political parties, candidates and their representatives at various stages of the electoral process.
Under the theme “Learn Democracy. Lead Democracy,” ELC 2.0 seeks to transform Electoral Literacy Clubs into structured, visible and digitally enabled platforms across educational institutions. The initiative will use the ECINet digital ecosystem to provide election-related information and services, while promoting year-round activities through a dedicated ELC portal. With India’s vast education network comprising around 15 lakh schools, nearly 25 crore students, over one crore teachers, nearly 1,500 universities and about 70,000 higher education institutions, the programme aims to create a nationwide network of young citizens engaged in informed democratic participation.
The initiative will focus on experiential and factual electoral education, covering voter registration, polling, counting, the ECINet App and other ECI initiatives, while encouraging students to become ambassadors of democratic awareness. Shri Gyanesh Kumar was on a two-day visit to Goa, during which he also interacted with Booth Level Officers (BLOs) from across the state. At a session attended by more than 1,000 BLOs on Thursday, he commended their contribution to the smooth conduct of the Special Intensive Revision (SIR) of electoral rolls. The Goa conference also featured a question-and-answer session, giving students an opportunity to directly engage with the Chief Election Commissioner.
4, Sep 2026
National Institute of Homoeopathy, Kolkata Marks Golden Jubilee with New Clinical and Research Facilities
The National Institute of Homoeopathy (NIH), Kolkata, has celebrated its Golden Jubilee, marking 50 years of contribution to homoeopathic education, research and patient care. The milestone event also saw the inauguration of a state-of-the-art Modular Operation Theatre and a Centre of Excellence, aimed at strengthening the institute’s clinical services, academic capabilities and research infrastructure.
The celebrations were attended by Shri Prataprao Jadhav, Minister of State (Independent Charge), Ministry of Ayush and Minister of State, Ministry of Health & Family Welfare, and Shri Sukanta Majumdar, Union Minister of State for Education. Members of Parliament Jyotirmay Singh Mahato and Samik Bhattacharya, West Bengal MLA Sumana Sarkar, Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush, along with senior officials, faculty members, doctors, students and other stakeholders, were also present.
Addressing the gathering, Shri Prataprao Jadhav described the completion of 50 years as a significant milestone in NIH Kolkata’s journey. He said the Golden Jubilee provides an opportunity not only to recognise the institute’s achievements over the past five decades but also to define its priorities and vision for the years ahead.
The Minister said the newly inaugurated facilities demonstrate the government’s focus on modernising Ayush institutions through improved infrastructure, quality education, advanced research and better patient-care services. He stressed the importance of combining the strengths of traditional systems of medicine with contemporary technology, research and innovation to respond to emerging healthcare needs. Jadhav also called for stronger opportunities in homoeopathic education and research for students, researchers and young professionals, expressing confidence that NIH Kolkata would further strengthen its position as a leading centre for homoeopathic education, research and patient care.
4, Sep 2026
Covestro Covestro Private Limited Earns AEO Tier 2 Certification from CBIC
Mumbai, Sep 03: CovestroPrivate Limited has received Authorised Economic Operator Tier 2 certification from the Central Board of Indirect Taxes and Customs, Government of India, recognising the company’s customs compliance and supply-chain security practices
For Covestr AEO T2 brings concrete operational advantages: priority customs processing, Direct Port Delivery and Direct Port Entry for eligible consignments, reduced bank guarantee requirements, and an extended duty deferral period of up to 30 days following the Union Budget 2026–27 proposal and subsequent notification. For customers, this means shipments arrive faster and with fewer disruptions, a significant advantage for manufacturers running on lean or just-in-time schedules. Together, these measures make Covestro India‘s cross-border supply chain more predictable, cost-efficient and reliable for everyone in the chain.
Commenting on this achievement, Anand Srinivasan, Managing Director – Covestro& Head of Polycarbonate – ISC, said,
“India‘s manufacturing sector is growing fast and supply-chain standards are rising with it. AEO T2 puts us in a stronger position to serve our customers here — not just as a supplier, but as a partner they can plan their businesses around.”
The AEO programme is a trade-facilitation initiative administered by the Directorate of International Customs under CBIC, recognising businesses with established standards of customs compliance and supply-chain security. Its three-tier framework – T1, T2 and T3 – offers progressively enhanced facilitation, with T2 reserved for organisations that demonstrate mature, verifiable compliance controls. The programme is aligned with international trusted-trader frameworks and is designed to facilitate secure, efficient cross-border trade.
4, Sep 2026
Ten-Nine Technologies Moves to Commercial-Scale Production of TENIX – its ‘Anti-Aging’ Battery Additive
TULSA, Oklahoma | Sept 04:Ten-Nine Technologies, an advanced materials company based in Tulsa, Oklahoma, is scaling production of TENIX, its patented cathode additive, as the battery industry’s shift toward manganese-rich chemistries accelerates. Ten-Nine describes TENIX as “anti-aging for batteries.”
Every time batteries charge and disc harge, unwanted chemical by-products build up inside them – the same process that makes your phone run hot, an EV’s range shrink, a laptop need charging more often, and power tools lose their punch.
TENIX stops that aging process at the source. It’s blended directly into a battery’s cathode material during manufacturing – taking up just 0.5–2% of its weight, or roughly 0.5–2kg for every 100kg of cathode, which is about what’s in a typical EV battery pack.
It drops into cathode production lines that manufacturers already run, so adopting it requires no new equipment and no battery redesign. At its current production capacity of 100 tons, Ten-Nine can supply enough TENIX to treat between 50,000 and 200,000 typical EV battery packs.
In third-party testing, TENIX delivered over 75% more charge-discharge cycles, extending a typical EV battery’s life from a 150,000-mile warranty baseline to more than 265,000 miles. That longer life translates into roughly 40% lower cost per kilowatt-hour delivered over a battery’s lifetime, while 10% lower internal resistance means faster charging and less energy wasted as heat.
TENIX can also cut a battery’s heat output by around 40% over its lifetime – a benefit that is becoming increasingly critical as AI-driven data centers push backup batteries harder than ever.
This momentum comes as the battery industry is increasingly shifting toward manganese-rich cathodes – a cheaper, more abundant, and more geographically secure alternative to the cobalt- and nickel-heavy chemistries that dominate EV batteries today.
Manganese-rich cathodes also offer a far more secure supply chain than the nickel- and cobalt-heavy chemistries they could replace. Manganese is mined widely across Africa, South America, and Southeast Asia, rather than concentrated in a handful of countries, making it far less exposed to the geopolitical pressure points that increasingly worry battery manufacturers and policymakers alike.
Manganese-rich cathodes have also long been held back by poor cycle life, exactly the problem TENIX is built to solve. Ten-Nine believes the shift could reshape the global cathode supply chain the way LFP did twenty years ago.
Paige Johnson, Founder and CEO of Ten-Nine Technologies, said:
“Just like people, batteries age. Products of chemical decomposition build up during use, limiting a battery’s performance and lifetime, and until now that’s just been treated as an unavoidable cost of doing business. I’m a chemist so I wanted to fix that at the source rather than build a whole new battery to work around it. TENIX has a unique surface chemistry that disrupts that aging process, giving batteries more power and significantly longer life. I started this company in the back of a warehouse in Tulsa with $100,000 and four grams of material in a flask. I never imagined we’d end up here, but I always believed that if the chemistry was right, it would matter to a lot of people’s lives. That’s still what gets me up in the morning.”
Ten-Nine is currently in evaluation trials with battery manufacturers that together represent more than half of the world’s battery production volume, and is now accepting orders for 2026–27 delivery from its own production facility in Tulsa.
The company holds 67 granted patents protecting its core cathode chemistry, and has no direct competitor offering a cathode additive of its kind – the nearest points of comparison, silicon anode and solid-state electrolyte technologies, solve different problems in different parts of the battery entirely. TENIX works across battery types used in all sectors including electric vehicles, defense equipment, power tools, and grid-scale energy storage.
Ten-Nine Technologies was founded in 2014 by Paige after a local angel investor offered her $100,000 to pursue her research independently. The company’s name traces back to its original incorporation as “10-9 LLC”: 10⁻⁹ is nano, representing the scale of the surface chemistry Ten-Nine engineers; 10⁹ is a billion, representing the number of lives Paige believes better batteries can improve. That original $100,000 has since grown into $45 million raised to date, funding Ten-Nine’s transition from a lab experiment into a commercial-scale manufacturer.
4, Sep 2026
From Tap to Takeoff: Axis Bank and Scapia Launch Co-Branded Credit Card for India’s New Generation of Travellers
Bangalore, Sep 04: Axis Bank, one of the largest private sector banks in India, and Scapia, India’s travel fintech, unveiled the Scapia Axis Bank Credit Card, designed for India’s new generation of travellers who see every spend as a step towards their next journey. The card brings payments, rewards and travel together on one connected app – letting customers manage and track spends, book travel and redeem rewards, all through Scapia. Every eligible spend and UPI transaction earns rewards, which are redeemable across flights, stays, experiences, shopping and more. Available on both Mastercard and RuPay networks, the card delivers a seamless digital experience from tap to takeoff for all spends.
The partnership brings together Axis Bank’s leadership in cards and payments and Scapia’s travel-first platform to create a differentiated proposition for digitally savvy travellers. The collaboration is designed to seamlessly integrate payments, rewards and travel, delivering an experience that is more intuitive, relevant and rewarding.
Arnika Dixit, Group Head – Cards, Payments and Wealth Management, Axis Bank, said,
“Our partnership with Scapia reflects a shared focus on building products that are simple, digital-first, and closely aligned with how customers experience travel today. By combining our capabilities in payments with Scapia’s travel ecosystem, we aim to create a more connected experience that goes beyond traditional co-branded offerings and delivers meaningful value across the customer journey. This collaboration is centred around making travel more intuitive and seamless for customers, with solutions that are better integrated into how they discover, plan, and experience their journeys—enabling greater convenience, flexibility, and value at every step.”
Anil Goteti, Founder and CEO, Scapia, said,
“We are excited to partner with Axis Bank – this is a new chapter for us. Young Indians are travelling more than ever before, and we built Scapia to give them a financial product that matches that ambition. One app where they can spend, book their trips, shop for travel and earn rewards, all designed around the traveller. Our users have already taken Scapia to over 175 countries, and together with Axis Bank, we can now bring this to more Indians across the country.”
Cardholders can earn up to 10% rewards on eligible everyday spends and upto 20% rewards in the form of Scapia Coins on eligible travel bookings redeemable across flights, stays, visas, experiences, and more on the Scapia platform. Beyond rewards, the Scapia app enables customers to discover, plan and book their trips, while its curated travel store brings together the brands and products travellers love, all in one place.
For international travellers, the card offers zero forex markup and Smart Forex capability that provide greater visibility and control on overseas spends. Cardholders can also enjoy a range of airport privileges across lounges, dining and premium retail. Complementing these benefits are fully digital onboarding and card management through the Scapia app..
Gautam Aggarwal, President, India & South Asia, Mastercard, said,
“Travel has become one of the most vibrant segments of India’s consumer economy, fuelled by rising aspirations, greater mobility, and stronger global connectivity. As travellers increasingly seek payment experiences that are seamless, secure, and globally accepted, collaborations such as this one become critical. Together with Axis Bank and Scapia, we are enabling a smarter travel payments experience that delivers greater convenience and confidence, helping consumers transact effortlessly wherever their journeys take them.”
Sohini Rajola, Executive Director Growth, NPCI said,
“RuPay has played a key role in driving the adoption of digital payments across India by making transactions simple, convenient, and accessible for consumers. Today, cardholders can link their RuPay Credit Card to their preferred UPI app and make seamless payments by simply scanning UPI QR codes across millions of merchants across the country. This partnership builds on that convenience by combining premium travel benefits with the reliability and widespread acceptance of the RuPay network, making travel rewards and experiences more accessible to a wider set of consumers.”
The collaboration reflects a shared belief that the future of financial services lies in seamlessly embedding payments into the experiences customers value most. For Axis Bank, the partnership strengthens its co-branded cards strategy and deepens its presence in high-growth travel and digital-first segments. For Scapia, it marks its third banking collaboration and a significant milestone in expanding its platform to a wider base of Indian travellers.
Onboarding for the Scapia Axis Bank Credit Card begins September 3rd onwards.
3, Sep 2026
Uttarbanga Festival 2026 to Celebrate Indian Classical Music, Dance and Fine Arts in Siliguri
Siliguri, September 3, 2026: Pracheen Kala Kendra, Chandigarh, will organise Uttarbanga Festival 2026, a two-day celebration of Indian classical music, dance and fine arts, in Siliguri on October 5 and 6, 2026.
The festival will bring together artistes, performers, students and connoisseurs of Indian classical traditions, offering audiences an opportunity to experience a diverse range of classical dance and music performances alongside a dedicated art exhibition.
The art exhibition will be held at Ramkinkar Hall, Siliguri, on October 5 and 6 from 2 pm to 9 pm on both days. The classical music and dance programmes will take place at Dinabandhu Mancha, Siliguri, beginning at 6 pm each evening.
Classical dance performances on October 5
The opening day, October 5, will focus on Indian classical dance, featuring performances in Bharatanatyam, Odissi and Kathak.
The programme will begin with the opening ceremony, followed by group Bharatanatyam presented by Vidushi Sangita Chaki and her disciples, Smt. Rimpi Saha & disciples, and group Odissi by Dr. Pompi Paul and disciples.
The evening will also feature Kathak performances by Ms. Dona Dutta and disciples, Vidushi Sahelee Basu Thakur and disciples, Mrs. Debjaya Sarkar and disciples, and Hakimpara Nritya Malancha.
Further Bharatanatyam presentations will be made by Mr. Prosenjit Deb and Mr. Shuvam Ghosh, while Kathak performances will be presented by Ms. Sanchari Sarkar and disciples, Shri Gobinda Saha and disciples, and Shri Ayan Bhattacharjee and Smt. Sujata Chatterjee.
The Odissi segment will include a performance by Dr. Dripta Chakraborty and disciples. The first day’s programme will conclude with all participating dancers coming together for a rendition of Vande Mataram.
Vocal and instrumental music on October 6
The second day, October 6, will shift the spotlight to Indian classical vocal and instrumental music.
The programme will open with a song by Shadaj Music Academy, followed by a group song by Sristee Music Academy and a group presentation by Vidushi Barnali Basu and disciples.
A tabla group performance by Pandit Subir Adhikari and disciples will be followed by solo performances by Vidushi Malobika Chakraborty, Nibedita Bhattacharjee, Sutapa Dutta, Shri Ashish Banerjee, Satyaki Chakraborty, Aviman Roy and Deborshi Hore.
The evening will culminate in a sitar solo recital by Pandit Debopratim Roy, accompanied on tabla by Pandit Subir Adhikari.
The instrumental segment will also feature tabla artists Shri Sudip Chakraborty, Dhrupad Ray Acharya, Amit Saha, Riju Saha and Priyanshu Nandi, with Shri Ashis Kansa Banik on harmonium.
Bringing classical traditions closer to audiences
Through Uttarbanga Festival 2026, Pracheen Kala Kendra aims to create a platform that brings India’s rich classical artistic traditions to audiences in North Bengal. The combination of dance, music and fine arts is expected to make the two-day event a significant cultural gathering in Siliguri.
Shri Sajal Koser, Secretary, Pracheen Kala Kendra, has extended a cordial invitation to art and culture enthusiasts to attend the festival.
For further information, visitors can access the official Pracheen Kala Kendra website: Pracheen Kala Kendra
Program Schedule –
Day 1 on the 5th Oct at 6 PM ( Indian Classical Dance ) –
Opening ceremony
1. Group Bharatanatyam by- Vidushi Sangita Chaki & Disciples
2. Group Odissi by- Dr. Pompi Paul & Disciples
3. Group Kathak Dance – Ms. Dona Dutta & Disciples
4. Group Bharatanatyam by- Smt. Rimpi Saha & Disciples
5. Group Kathak by- Vidushi Sahelee Basu Thakur & Disciples
6. Group Kathak by – Mrs. Debjaya Sarkar & Disciples
7. Group Kathak by – Hakimpara Nritya Malancha
8. Group Bharatanatyam by- Mr. Prosenjit Deb and Mr. Shuvam Ghosh
9. Group Kathak by – Ms. Sanchari Sarkar & Disciples
10. Group Odissi by – Dr. Dripta Chakraborty & Disciples
11. Group Kathak by – Shri Gobinda Saha & Disciples
12. Group Kathak by – Shri Ayan Bhattacharjee and Smt. Sujata Chatterjee
13. Concluding part by all Dancers – Vandemataram
Day 2 on the 6th Oct at 6 PM ( Indian Classical Vocal & Instrumental ) –
1. Opening Song by Shadaj Music Academy
2. Group Song by Sristee Music Academy
3. Group Song by Vidushi Barnali Basu & Disciples
4. Tabla group performance by – Pandit Subir Adhikari & Disciples
5. Solo performance by- Vidushi Malobika Chakraborty | Nibedita Bhattacharjee | Sutapa Dutta | Shri Ashish Banerjee | Satyaki Chakraborty | Aviman Roy | Deborshi Hore
3, Sep 2026
Bybit Pay Partners with Mesh to Expand Digital Asset Payments Across Mesh-Powered Platforms
National, September 3, 2026 — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced a partnership with Mesh, the leading crypto payments network, enabling Bybit’s 80 million users to use their Bybit balances to fund accounts and make payments across Mesh-powered platforms through Bybit Pay.
The integration removes the need for users to withdraw funds, manually convert assets, or move money between platforms before making a payment. When a Bybit user goes to top up an account or check out on a Mesh-powered platform, they can select Bybit Pay as a payment option and access the assets they already hold on Bybit. For businesses, the integration provides a direct connection to Bybit’s global user base and enables them to accept payments from Bybit users through their existing Mesh integration.
As digital assets and stablecoins become increasingly integrated into everyday commerce, the ability to move value between the platforms where it is held and where it is needed is becoming an important part of payment infrastructure. For Mesh’s customers, the partnership expands their access to one of the largest and most active user bases in crypto. For Bybit, it extends the utility of assets held on its platform to more payment experiences, supporting its broader focus on building a more connected global payments ecosystem.
“Bybit has built one of the most engaged communities in crypto,” said Bam Azizi, CEO and Co-founder of Mesh. “People shouldn’t have to move their money to use it. We bring the network to where the money already is.”
“Bybit Pay is designed to remove the friction between holding digital assets and using them to pay. Users can pay directly from their Bybit balance, using the asset they already hold, while platforms receive the asset they want. Our partnership with Mesh brings this capability to more payment experiences and strengthens Bybit Pay’s role in connecting digital assets with the broader payments ecosystem,” said Sophie Chen, Head of Marketing, Bybit Card & Pay.
With Bybit Pay, businesses can tap into Bybit’s global user base while benefiting from seamless payment experiences, quick settlement and infrastructure designed to support payments at scale. Its flexible architecture also enables programmable settlement options, giving businesses greater control over how and when funds are settled across markets.
The partnership reflects Bybit Pay’s broader focus on strengthening its position across the global payments industry by connecting digital assets with more payment platforms and experiences. Through partnerships and integrations across the payments ecosystem, Bybit Pay is building new ways for businesses to serve crypto users while giving Bybit users greater utility for the assets they already hold.
Bybit Pay is available to businesses on Mesh today. Platforms already integrated with Mesh can enable it as a payment option through their existing Mesh integration.
3, Sep 2026
Global Battery Packaging Market Poised for Strong Growth
New Delhi, Sep 3: The global battery packaging market is witnessing steady growth as demand for electric vehicles, consumer electronics and energy storage systems continues to rise.
The market was valued at around $37.4 billion in 2025 and is expected to grow at a compound annual growth rate of 12.1 per cent from 2026 to 2035, reaching nearly $117.2 billion by 2035.
The growing production of electric vehicles is one of the main factors driving demand for battery packaging. Batteries need strong and reliable packaging to protect them from heat, impact, moisture and other risks during use, storage and transportation.
Lithium-ion batteries account for the largest share of the market, supported by their widespread use in electric vehicles, smartphones, laptops and energy storage systems.
Asia Pacific is currently the largest regional market, accounting for about 30.5 per cent of global consumption. China, Japan and South Korea remain major battery manufacturing centres and together account for more than 70 per cent of global lithium-ion cell production.
Metal packaging continues to dominate because aluminium and steel offer strength and protection. Aluminium is also gaining popularity because it is lightweight, corrosion-resistant and recyclable.
At the same time, companies are increasingly using plastics and composite materials to reduce weight and improve the safety and efficiency of battery packs.
Corrugated packaging is another major segment, particularly for transporting batteries. Its lightweight structure, durability and recyclability make it suitable for protecting batteries during storage and shipment.
The industry is also moving towards more sustainable packaging solutions. Manufacturers are exploring recyclable materials and lighter designs as environmental concerns and regulations gain importance.
With electric mobility and renewable energy storage expanding worldwide, the battery packaging industry is expected to see continued investment and create new opportunities across manufacturing, materials, recycling and logistics.
