Ahmedabad (Gujarat) [India], August 4 (ANI): The Adani Group on Monday categorically denied a media report, which had suggested a potential tie-up between the Group and Chinese companies BYD and Beijing Welion New Energy Technology for battery manufacturing in India.

"We categorically deny Bloomberg's report on 4 Aug 2025 suggesting a tie-up between the Adani Group and Chinese companies BYD and Beijing Welion New Energy Technology. This report is baseless, inaccurate and misleading," an Adani Group spokesperson said in a statement.

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The statement added that the Adani Group is not exploring any form of collaboration with BYD for battery manufacturing in India.

Similarly, it categorically noted that they were not engaged in any discussions with Beijing Welion New Energy Technology for a partnership of any kind.

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According to the report, which had cited unnamed sources, the Adani Group was exploring a tie-up with Chinese EV giant BYD Co, among others, including Welion New Energy Technology Co, which it claimed would allow the conglomerate to manufacture batteries in India and extend its push into clean energy. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)