Thai Entrepreneurs Partner with Indian Allies under SANYO SMI × KENESIS Brand

Strategic Expansion into India and Global Energy Storage Markets

On June 3, 2026, Dr. Sumit Champrasit, Chairman of Sanyo S.M.I. (Thailand) Co., Ltd., stated that the global energy transition is driving the Battery Energy Storage System (BESS) industry to become one of the fastest-growing sectors worldwide. This trend is particularly prominent in renewable energy integration, data centers, smart grids, and industries requiring high energy security.

Sanyo S.M.I. (Thailand) Co., Ltd., which has operated as an Energy Service Company (ESCO) since 2016, has consistently targeted clean energy expansion both in Thailand and internationally. The company provides critical knowledge, technology, product standards, and business networks to empower Thai entrepreneurs to scale their operations globally.

Recently, the company backed the business expansion of Mr. Teetan Chuttanapattaawee and his alliance partners in India under the SANYO SMI × KENESIS brand to develop lithium battery business, energy storage systems, and clean energy solutions in India and other international markets.

Establishing India as a Global Clean Energy Hub

Mr. Teetan Chuttanapattaawee, a prominent Thai energy executive and Chief Executive Officer (CEO) of SANYO S.M.I. – KENESIS INDIA PRIVATE LIMITED, announced that the company has partnered with local Indian investors and business leaders to develop and expand the lithium battery, energy storage system (BESS), and clean energy solutions business under the SANYO SMI × KENESIS brand. The goal is to establish India as a hub for assembly, services, and market expansion to various regions globally.

Mr. Teetan stated that India is one of the most promising markets for clean energy, driven by continuous growth in renewables, heavy infrastructure investments, and the rapid expansion of AI technology and data centers—all of which demand highly efficient and reliable energy storage systems.

“India is not just a massive consumer market, but it is also a major manufacturing and engineering hub on the global stage. We see a strong opportunity to build assembly bases and service centers that will support both domestic needs and export markets, particularly across Europe, the Middle East, and Africa, where demand for energy storage is rapidly accelerating.”

Financial Strength and Long-Term Commitments

Ms. Anjana Tiwana, Chief Financial Officer (CFO) of SANYO S.M.I. – KENESIS INDIA PRIVATE LIMITED, emphasized that this collaboration is a vital milestone in establishing the company's financial foundations and long-term investments in India, which is currently one of the fastest-growing energy markets in the world.

“We see immense potential in India's energy storage and clean energy market, alongside excellent prospects for expansion into Europe, the Middle East, and Africa. By combining our financial strengths, management expertise, and international partner networks, we will drive long-term corporate growth and build strong confidence among our future investors and business partners,” Ms. Tiwana said.

She added that the company aims to develop investment structures and operations that align with international standards, supporting clean energy industry growth and solidifying SANYO SMI × KENESIS's global brand presence.

Global Grid Volatility and Future Strategy

Dr. Sumit Champrasit further noted that the energy storage industry is playing a key role in the future of electrical grids worldwide. It serves as a core technology that optimizes renewable energy usage, reduces grid volatility, and supports the expansion of the digital economy.

“This cooperation between Thai energy experts and Indian partners is another key step in building an international clean energy network. It presents a remarkable opportunity to deploy advanced energy technology and innovations into high-potential markets worldwide,” Dr. Sumit said.

Furthermore, Mr. Teetan disclosed that the company currently plans to develop an energy storage assembly and service center in India to support renewable energy projects, industrial sectors, data centers, and large-scale public utilities. Additionally, the company will focus on developing engineering talent and aftermarket services to sustain long-term market growth.

Beyond the Indian market, the company aims to expand operations to various countries across Europe, the Middle East, and Africa, which are accelerating their investments in clean energy systems and infrastructure to support greenhouse gas reduction, energy security, and sustainable development goals.

This expansion marks a significant milestone in the partnership between Thai energy experts and Indian business allies under the SANYO SMI × KENESIS brand. Together, they aim to develop battery and energy storage technologies to meet the rapidly growing demand of the global energy market over the coming decade.