Hindalco Supplies 10,000 Aluminium Battery Packs to Mahindra EVs

29 Apr 2025 CW Team

Hindalco Industries Ltd, the world’s largest aluminium company, has supplied ten thousand aluminium battery packs to Mahindra for its BE 6 and XUV 9e electric vehicle (EV) models. This marks Hindalco’s official entry into the EV components sector, backed by its new manufacturing facility at Chakan, Pune.

Built with an investment of Rs five billion over five acres, the facility currently produces eighty thousand battery enclosures annually, with plans to double capacity to one hundred sixty thousand units. The state-of-the-art aluminium batteries are forty per cent lighter than steel-based designs, improving EV driving range by eight to ten per cent and enhancing thermal management and safety.

The facility is notable for its nearly one hundred per cent women workforce among machine operators, promoting gender inclusivity. The plant is expected to generate up to one thousand jobs, supporting the Indian government’s Make in India initiative by reducing import dependence.

Looking ahead, Hindalco plans to offer advanced aluminium solutions to both Indian and global automotive manufacturers. The collaboration with Mahindra marks a major step towards localising EV components and supporting India's transition to clean and sustainable mobility.

Source: Express Drives

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..