Table of Contents PART 01: Executive summary PART 02: Scope of the report PART 03: Research Methodology PART 04: Introduction • Market outline PART 05: Market landscape • Market overview • Market size and forecast • Five forces analysis PART 06: Market segmentation by end-user • Off-grid energy storage market in India by end-users • Off-grid energy storage market in India by residential sector • Off-grid energy storage in India by non-residential sector PART 07: Market segmentation by technology • Off-grid energy storage market in India by technology • Off-grid energy storage market in India by lead-acid battery technology • Off-grid energy storage market in India by Li-ion battery technology PART 08: Decision framework PART 09: Drivers and challenges • Market drivers • Market challenges PART 10: Market trends • Need for reducing CO2 emissions • Reduction in PV system costs • Inadequate T&D infrastructure PART 11: Vendor landscape • Competitive landscape • Other prominent vendors PART 12: Key vendor analysis • Delta Electronics • Exide Industries • NEC Energy Solutions • Su-Kam Power Systems PART 13: Appendix • List of abbreviations List of Exhibits  Exhibit 01: Market overview Exhibit 02: Off-grid energy storage market in India 2016-2021 ($ millions) Exhibit 03: High-potential countries for renewable-based distribution generation and off-grid technologies 2016 Exhibit 04: Five forces analysis Exhibit 05: Off-grid energy storage market in India by end-users 2016 and 2021 (%) Exhibit 06: Off-grid energy storage market in India by end-users 2016-2021 ($ millions) Exhibit 07: Off-grid energy storage market in India by residential sector 2016-2021 ($ millions) Exhibit 08: Graphic representation of a solar PV diesel hybrid system for mini-grids Exhibit 09: Off-grid energy storage market in India by non-residential sector 2016-2021 ($ millions) Exhibit 10: Off-grid energy storage market in India by technology 2016 and 2021 (%) Exhibit 11: Off-grid energy storage market in India by technology 2016-2021 ($ millions) Exhibit 12: Off-grid energy storage market in India by lead-acid battery technology 2016-2021 ($ millions) Exhibit 13: Off-grid energy storage market in India by Li-ion battery technology 2016-2021 ($ millions) Exhibit 14: Population without electricity: Developing Asia 2016 (millions) Exhibit 15: Estimated telecom tower installation in India by power source 2016 (%) Exhibit 16: Cost breakup of typical BTS tower power system 2016 (%) Exhibit 17: Cost comparison of large and medium hybrid systems Exhibit 18: Electricity generation efficiency 2016 (%) Exhibit 19: Comparison of GHG emission between a hybrid system and a diesel generator system Exhibit 20: Indexed cost of solar PV systems 2008-2015 Exhibit 21: Typical PV penetration by system type Exhibit 22: Top 5 electricity access deficit countries 2014 Exhibit 23: Other prominent vendors (indicative list) Exhibit 24: Delta Electronics: Businesses Exhibit 25: Exide Industries: Product offering Exhibit 26: NEC Energy Solutions: Key products Exhibit 27: NEC Energy Solutions: Key solutions Exhibit 28: Su-Kam Power Systems: Business segmentation Exhibit 29: Su-Kam Power Systems: Key products

Delta Electronics, Exide Industries, NEC Energy Solutions, and Su-Kam Power Systems, ABB, Amara Raja, Luminous Power Technologies, Panasonic India, Saft, Samsung SDI, Schneider Electric, and Trojan Battery Company.