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Thai-Indian Partnership Builds Battery Assembly in India; Eyes Europe Market

Thai-Indian Partnership Builds Battery Assembly in India; Eyes Europe Market

MGR Online•Economy•4h ago

Reader Briefing

Thai and Indian businesses are joining forces to establish battery assembly and energy storage systems in India under the SANYO SMI × KENESIS brand, with plans to expand into the European market.

  • •Thai and Indian business partners are collaborating to set up battery assembly and energy storage systems in India.
  • •The venture will operate under the SANYO SMI × KENESIS brand, aiming to expand its market reach to Europe.
  • •The initiative is driven by the global energy transition and the growing demand for battery energy storage systems.

Overview

  • •On June 3, 2026, Dr. Sumit Champrasit, Chairman of SANYO SMI (Thailand) Co., Ltd., announced the partnership.
  • •The global energy transition is driving rapid growth in Battery Energy Storage Systems (BESS), particularly for renewable energy, data centers, grid modernization, and energy-intensive industries.
  • •SANYO SMI (Thailand) Co., Ltd. is supporting the business expansion of Theetun Chastanapatavee and Indian partners under the brand SANYO SMI × KENESIS to develop lithium battery systems and energy storage solutions in India and international markets.
  • •India is identified as a country with high potential for clean energy due to continuous growth in renewables, infrastructure investment, and expanding Data Center and AI industries, all requiring efficient and reliable energy storage.
  • •The partnership aims to use India as a hub for assembly, services, and market expansion to various regions, including Europe, the Middle East, and Africa, which are experiencing rapid growth in energy storage demand.
  • •Anjana Tiwana, CFO of SANYO S.M.I. – KENESIS INDIA PRIVATE LIMITED, stated that the collaboration is a significant step for long-term business foundation and investment in India, one of the world's fastest-growing energy markets.
  • •The company plans to develop assembly and service centers in India to support renewable energy projects, industrial sectors, data centers, and large utility systems, alongside developing engineering and after-sales service personnel.
  • •The alliance seeks to expand business operations into various European, Middle Eastern, and African countries, which are accelerating investments in clean energy and infrastructure to meet greenhouse gas reduction targets and enhance energy security.

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Key Quotes

Dr. Sumit Champrasit
"The energy transition trend is driving Battery Energy Storage Systems (BESS) to become one of the fastest-growing industries globally."
กระแสการเปลี่ยนผ่านสู่พลังงานสะอาด (Energy Transition) กำลังผลักดันให้ระบบกักเก็บพลังงานด้วยแบตเตอรี่ (Battery Energy Storage System : BESS) กลายเป็นหนึ่งในอุตสาหกรรมที่เติบโตเร็วที่สุดของโลก
Theetun Chastanapatavee
"India is not just a large market but also a crucial global manufacturing and engineering hub. We see an opportunity to build assembly bases and service centers."
อินเดียไม่ได้เป็นเพียงตลาดขนาดใหญ่เท่านั้น แต่ยังเป็นศูนย์กลางการผลิตและวิศวกรรมที่สำคัญของโลก เราเห็นโอกาสในการสร้างฐานการประกอบและศูนย์บริการที่สามารถรองรับทั้งตลาดภายในประเทศและตลาดส่งออก
Anjana Tiwana
"We see the potential of the energy storage and clean energy market in India, as well as opportunities to expand business to Europe, the Middle East, and Africa."
เรามองเห็นศักยภาพของตลาดระบบกักเก็บพลังงานและพลังงานสะอาดในอินเดีย รวมถึงโอกาสในการขยายธุรกิจไปยังยุโรป ตะวันออกกลาง และแอฟริกา
Dr. Sumit Champrasit
"This collaboration between Thai experts and Indian partners is another significant step in building an international energy business network."
ความร่วมมือระหว่างผู้เชี่ยวชาญจากประเทศไทยและพันธมิตรในประเทศอินเดียครั้งนี้ ถือเป็นอีกก้าวสำคัญของการสร้างเครือข่ายธุรกิจพลังงานในระดับนานาชาติ

Key Entities

Organization

SANYO SMI × KENESIS(SANYO SMI × KENESIS)
The brand name under which the Thai-Indian business partnership operates for battery and energy storage solutions.
SANYO SMI (Thailand) Co., Ltd.(บริษัท ซันโย เอส.เอ็ม.ไอ. (ประเทศไทย) จำกัด)
An Energy Service Company (ESCO) that supports the expansion of clean energy businesses both domestically and internationally.
SANYO S.M.I. – KENESIS INDIA PRIVATE LIMITED
The Indian-based company responsible for developing and expanding lithium battery, energy storage systems, and clean energy solutions in the Indian market.

Person

Dr. Sumit Champrasit(ดร.สุมิท แช่มประสิทธิ์)
Chairman of the Board of Directors of SANYO SMI (Thailand) Co., Ltd., who announced the strategic partnership.
Theetun Chastanapatavee(นายธีธัน ชัชธนปฐวี)
An energy executive from Thailand and CEO of SANYO S.M.I. – KENESIS INDIA PRIVATE LIMITED, leading the development and expansion of battery systems in India.
Ms. Anjana Tiwana(นาง Anjana Tiwana)
Chief Financial Officer (CFO) of SANYO S.M.I. – KENESIS INDIA PRIVATE LIMITED, who highlighted the long-term investment potential and market opportunities.