Vedanta to Invest Rs 132.26 Bn to Boost Aluminium Capacity to 3.1 MTPA

08 Oct 2025 CW Team

Vedanta, led by Anil Agarwal, plans to invest Rs 132.26 billion to increase its aluminium production capacity from 2.4 MTPA to 3.1 MTPA by FY28, sources said. The expansion is a key part of Vedanta’s growth strategy, positioning aluminium at the centre of the company’s roadmap.

The aluminium capacity is expected to reach 2.75 MTPA by FY26 before scaling to 3.1 MTPA by FY28. BALCO, in which Vedanta holds a majority stake, is also set to join the one million tonne production club.

Aluminium, the world’s second-most consumed metal after steel, is critical for electric mobility, renewable energy, urban infrastructure, and aerospace. Vedanta, holding over 50 per cent of the domestic aluminium market, aims to make aluminium the largest contributor to its $8–10 billion group EBITDA target by FY28, as per a recent exchange filing.

The company has focused on cost optimisation, reducing aluminium production costs by nearly 24 per cent (USD 641 per tonne) over the past 11 quarters, aided by backward integration with the Lanjigarh Refinery and captive coal mines. This fully integrated model ensures resilient and low-cost production, even in volatile geopolitical conditions.

Rising aluminium demand in India is expected to be driven by projected high GDP growth and government initiatives such as Make in India, 100 per cent rural electrification, Housing for All, and Smart Cities, which will boost domestic consumption.

News source: Business Standard

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..