+
Hindalco Lines Up Potential Rs One Trillion Investment
ECONOMY & POLICY

Hindalco Lines Up Potential Rs One Trillion Investment

Hindalco Industries will invest Rs 500 billion (bn) in India over the next three years and is evaluating an additional Rs 500 bn, creating a potential Rs one trillion (tn) investment pipeline, company chair Kumar Mangalam Birla said at the company's 67th annual general meeting. He said the earmarked Rs 500 bn for strategic growth projects would lift the company's growth trajectory and strengthen its ability to meet domestic demand for metal solutions.\n\nBirla noted that investments span the value chain to build scale and resource security and to create future-ready capacity as domestic demand for advanced materials rises. The phased expansion of the Aditya smelter, which will add 374,000 tonnes (t), is progressing on schedule while a similar expansion at Mahan is under evaluation; together the projects would lift Hindalco's aluminium smelting capacity to over two million (mn) tonnes (t).\n\nThe company is also scaling up its copper business to meet rising demand from electrification, renewable energy and infrastructure development. The 50,000 tonne e-waste recycling facility at Vadodara has commenced operations and will ramp up through the year; plans aim to scale recycling capacity to 200,000 t and the 300,000 t smelter expansion at Dahej remains on track for FY29. With these investments Hindalco is building a one million (mn) tonne (t) integrated and downstream-led copper business and positioning itself as the second largest copper player globally outside China.\n\nBirla added that the Aditya alumina refinery expansion is progressing while coal production at the Chakla and Bandha captive mines is expected to start next year and the Meenakshi captive coal mine should go online by FY29. For Novelis the restart of Oswego and the upcoming commissioning of Bay Minette in the second half of 2026 are key milestones and Bay Minette will deepen presence in beverage packaging, automotive and speciality product markets while strengthening the US manufacturing footprint.

Hindalco Industries will invest Rs 500 billion (bn) in India over the next three years and is evaluating an additional Rs 500 bn, creating a potential Rs one trillion (tn) investment pipeline, company chair Kumar Mangalam Birla said at the company's 67th annual general meeting. He said the earmarked Rs 500 bn for strategic growth projects would lift the company's growth trajectory and strengthen its ability to meet domestic demand for metal solutions.\n\nBirla noted that investments span the value chain to build scale and resource security and to create future-ready capacity as domestic demand for advanced materials rises. The phased expansion of the Aditya smelter, which will add 374,000 tonnes (t), is progressing on schedule while a similar expansion at Mahan is under evaluation; together the projects would lift Hindalco's aluminium smelting capacity to over two million (mn) tonnes (t).\n\nThe company is also scaling up its copper business to meet rising demand from electrification, renewable energy and infrastructure development. The 50,000 tonne e-waste recycling facility at Vadodara has commenced operations and will ramp up through the year; plans aim to scale recycling capacity to 200,000 t and the 300,000 t smelter expansion at Dahej remains on track for FY29. With these investments Hindalco is building a one million (mn) tonne (t) integrated and downstream-led copper business and positioning itself as the second largest copper player globally outside China.\n\nBirla added that the Aditya alumina refinery expansion is progressing while coal production at the Chakla and Bandha captive mines is expected to start next year and the Meenakshi captive coal mine should go online by FY29. For Novelis the restart of Oswego and the upcoming commissioning of Bay Minette in the second half of 2026 are key milestones and Bay Minette will deepen presence in beverage packaging, automotive and speciality product markets while strengthening the US manufacturing footprint.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Bevel Gears India Opens Aerospace Gear Plant Near Bengaluru

Bevel Gears India (BGI) has inaugurated a 70,000 sq ft manufacturing facility near Kempegowda International Airport in Bengaluru, dedicated exclusively to aerospace and defence gearing.The facility has been developed to manufacture flight-critical gearing with dedicated production, inspection and quality infrastructure. It will produce spiral and straight bevel gears, zerol and angular bevels, beveloids, hypoid and high-ratio hypoid gears, curvic couplings and precision parallel-axis gearing.The plant will cater to aero-engine, helicopter, UAV, actuation and aerospace gearbox programmes, suppo..

Next Story
Infrastructure Urban

Tata Hitachi Opens New Warehouse at Kharagpur Plant

Tata Hitachi Construction Machinery Company has inaugurated a new warehouse at its Kharagpur manufacturing facility in West Bengal to strengthen its supply chain and improve customer support across India.The facility was inaugurated by Sandeep Singh, Managing Director, Tata Hitachi, in the presence of Hiroshi Hosokawa, President – Spare Parts & Service Business Unit and Executive Officer, along with the company’s senior leadership and employees.The new warehouse is designed to enhance warehousing and inventory management capabilities, enabling more efficient handling and availability o..

Next Story
Infrastructure Urban

Vishnu Chemicals, DCX Chrome Form JV for Chromium Plant

Vishnu Chemicals Limited (VCL) has entered into a definitive joint venture agreement with France-based DCX Chrome SAS to establish a greenfield high-purity chromium metal manufacturing facility in Visakhapatnam, Andhra Pradesh.The two companies will hold equal 50% stakes in the proposed venture. The facility will have an installed capacity of 6,000 metric tonnes per annum and will manufacture high-purity chromium metal for applications across the aerospace, defence, energy, oil and gas, and chemical processing sectors.Under the partnership, DCX Chrome will provide its proprietary aluminothermi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code