Vedanta To Invest Rs 132 Billion To Boost Aluminium Capacity

07 Oct 2025 CW Team

Anchoring aluminium at the core of its growth strategy, Vedanta aims to ramp up capacity in phases — first reaching 2.75 MTPA by FY26, and achieving 3.1 MTPA by FY28. The investment will be spread over the next few years, underscoring the company’s confidence in aluminium’s role in India’s industrial future.

Aluminium, the world’s second most consumed metal after steel, is gaining prominence in electric mobility, renewable energy, urban infrastructure, and aerospace. Vedanta, which holds over 50 per cent of India’s aluminium market share, expects the segment to remain its largest earnings contributor, supporting its target of USD 8–10 billion EBITDA at the group level by FY28, according to a recent stock exchange filing.

Sources added that BALCO, Vedanta’s subsidiary, is also on track to join the one-million-tonne production club.

The company has reduced its aluminium production cost by nearly 24 per cent, or USD 641 per tonne, over the past 11 quarters. This improvement has been driven by backward integration through the Lanjigarh Refinery expansion and captive coal mines, enhancing cost efficiency and operational resilience.

Vedanta’s aluminium operations are fully captive, an uncommon global practice that allows the company to maintain low-cost manufacturing and withstand geopolitical volatility.

Industry experts note that aluminium demand in India is poised for sharp growth, fuelled by government initiatives such as ‘Make in India’, ‘100 per cent rural electrification’, ‘Housing for All’, and ‘Smart Cities’.

“Aluminium is increasingly becoming the backbone of the energy transition. With its scale and integration, Vedanta is well-positioned to meet India’s domestic demand while remaining globally competitive,” said an industry expert.

Anil Agarwal-led Vedanta Ltd plans to invest Rs 132 billion to expand its aluminium production capacity to 3.1 million tonnes per annum (MTPA) by FY28, up from the current 2.4 MTPA, according to industry sources.Anchoring aluminium at the core of its growth strategy, Vedanta aims to ramp up capacity in phases — first reaching 2.75 MTPA by FY26, and achieving 3.1 MTPA by FY28. The investment will be spread over the next few years, underscoring the company’s confidence in aluminium’s role in India’s industrial future.Aluminium, the world’s second most consumed metal after steel, is gaining prominence in electric mobility, renewable energy, urban infrastructure, and aerospace. Vedanta, which holds over 50 per cent of India’s aluminium market share, expects the segment to remain its largest earnings contributor, supporting its target of USD 8–10 billion EBITDA at the group level by FY28, according to a recent stock exchange filing.Sources added that BALCO, Vedanta’s subsidiary, is also on track to join the one-million-tonne production club.The company has reduced its aluminium production cost by nearly 24 per cent, or USD 641 per tonne, over the past 11 quarters. This improvement has been driven by backward integration through the Lanjigarh Refinery expansion and captive coal mines, enhancing cost efficiency and operational resilience.Vedanta’s aluminium operations are fully captive, an uncommon global practice that allows the company to maintain low-cost manufacturing and withstand geopolitical volatility.Industry experts note that aluminium demand in India is poised for sharp growth, fuelled by government initiatives such as ‘Make in India’, ‘100 per cent rural electrification’, ‘Housing for All’, and ‘Smart Cities’.“Aluminium is increasingly becoming the backbone of the energy transition. With its scale and integration, Vedanta is well-positioned to meet India’s domestic demand while remaining globally competitive,” said an industry expert.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..