Reliance Industries Rejects Reports of Battery Manufacturing HaltReliance Industries Limited on Monday categorically denied claims that it had paused its ambitious battery storage manufacturing plans. The company's response aims to dispel uncertainty surrounding its strategic initiatives in the rapidly growing energy storage sector. The Bloomberg report had indicated that Reliance Industries had been in discussions with Xiamen Hithium Energy Storage Technology. The company's stated goal is to establish a comprehensive battery manufacturing ecosystem, ranging from individual cells to complete containerized energy storage systems (ESS). The company's commitment to battery manufacturing aligns with India's broader push for self-reliance in green technologies and electric mobility.

Source: Economic Times January 12, 2026 19:44 UTC