The India Energy Storage Alliance (IESA) has announced a significant investment of over INR 2000 crore at the upcoming 10th edition of India Energy Storage Week (IESW) 2024. The event, to be held in New Delhi from July 1-5, 2024, will see the launch of five new factories by companies like VFlowTech, Nash Energy, BatX Energies, Lohum, and Khusmanda Power, focusing on advanced battery technologies. IESW 2024 will also feature product highlights such as Isothermal Air compression for energy storage and solutions for green hydrogen storage. The event will not only focus on product launches but also on knowledge sharing, with government officials set to unveil papers on critical topics like battery-grade graphite, battery raw materials availability, and India's electrification journey. It is anticipated that over 5 MoUs and partnership deals will be signed during the event, highlighting the industry's commitment to growth and collaboration. Overall, the event signals a bright future for the energy storage sector in India, with a strong emphasis on innovation, manufacturing advancements, and strategic partnerships to drive the industry forward in alignment with renewable energy goals.