Time Technoplast Limited has announced an international strategic collaboration through its subsidiary, PowerBuild Batteries Private Limited, aimed at strengthening India’s advanced battery ecosystem for mission-critical infrastructure. The company has entered into a business collaboration and exclusive distribution agreement with Monbat AD, a leading European battery manufacturer listed on the Bulgarian Stock Exchange – Sofia and part of the Prista Oil Group.
Under this multi-year commercial arrangement, PowerBuild will exclusively distribute Monbat’s maintenance-free and advanced Valve Regulated Lead-Acid (VRLA) stationary and reserve power battery solutions in India. These products are engineered for high-reliability applications and are intended to serve the growing requirements of data centres, IT infrastructure, BFSI institutions, and other mission-critical industrial environments across the country.
The collaboration aligns with the Government of India’s Make in India initiative by reinforcing domestic distribution and supply-chain infrastructure for advanced energy storage solutions. It is expected to support local employment generation, development of a technical support ecosystem, and expansion of after-sales and service network capabilities within India. PowerBuild will provide pan-India technical support, including installation, commissioning, and lifecycle services, ensuring dependable performance across customer sites.
India is currently witnessing a structural expansion in digital infrastructure, driven by rising cloud adoption, data localisation measures, and the latest Union Budget’s emphasis on promoting data centre localisation. These factors are accelerating capacity creation and long-term investments in the sector. Industry estimates referenced by ICRA indicate that India’s existing data centre capacity of around 1.2–1.5 GW is expected to expand by an additional 3.0–3.5 GW over the next 7–10 years, supported by cumulative investments of approximately ₹2.3–2.5 lakh crore.
In parallel, the BFSI sector continues to expand its digital and disaster recovery infrastructure, generating sustained demand for high-reliability reserve power systems. Based on internal assessments, the company estimates that these segments together could create a market opportunity of approximately ₹3,500–4,000 crore for advanced VRLA batteries in India over the next decade. Potential future developments such as an India–EU Free Trade Agreement may further support cross-border collaboration and technology inflows in this segment.
