Hindalco to Invest Rs 150 Bn to Expand Aluminium Smelting

25 Feb 2025 CW Team

Hindalco already has a strong presence in Madhya Pradesh, with existing investments worth Rs 250 billion, primarily focused on its world-class aluminium smelter in Mahan, Singrauli district. The new investment aims to strengthen Hindalco’s operations, generate employment, and contribute to the local economy. Pai also addressed the impact of global trade policies, particularly in the United States, highlighting that Hindalco’s American subsidiary, Novelis, benefits from recent tariffs. He noted that Hindalco in India does not export aluminium to the US, making the overall impact neutral to positive for the company.

Beyond Hindalco, other Aditya Birla Group entities such as UltraTech Cement and Grasim’s Viscose Staple Fibre (VSF) division are also pursuing independent projects in Madhya Pradesh, further bolstering the group’s industrial footprint in the region. The Madhya Pradesh government has welcomed the investment, recognising it as a significant step towards positioning the state as a key hub for aluminium production and industrial development. The expansion is expected to create substantial employment opportunities and drive economic growth.

The GIS-2025 summit serves as a crucial platform for boosting Madhya Pradesh’s economy by attracting major investments and fostering strategic partnerships. With participation from leading industrialists, diplomatic representatives, and international trade organisations, the event is poised to solidify Madhya Pradesh’s status as a prime investment destination in India.

Hindalco Industries, a flagship company of the Aditya Birla Group, has signed a Memorandum of Understanding (MoU) with the Madhya Pradesh government to invest Rs 150 billion over the next two years. The announcement was made at the Madhya Pradesh Global Investors Summit (GIS) 2025 in Bhopal, reinforcing the company’s commitment to industrial expansion in the state. Hindalco’s Managing Director, Satish Pai, confirmed the investment, stating that a significant portion will be allocated to a new aluminium smelting capacity, while the group will also open a large mine called Banda. Hindalco already has a strong presence in Madhya Pradesh, with existing investments worth Rs 250 billion, primarily focused on its world-class aluminium smelter in Mahan, Singrauli district. The new investment aims to strengthen Hindalco’s operations, generate employment, and contribute to the local economy. Pai also addressed the impact of global trade policies, particularly in the United States, highlighting that Hindalco’s American subsidiary, Novelis, benefits from recent tariffs. He noted that Hindalco in India does not export aluminium to the US, making the overall impact neutral to positive for the company. Beyond Hindalco, other Aditya Birla Group entities such as UltraTech Cement and Grasim’s Viscose Staple Fibre (VSF) division are also pursuing independent projects in Madhya Pradesh, further bolstering the group’s industrial footprint in the region. The Madhya Pradesh government has welcomed the investment, recognising it as a significant step towards positioning the state as a key hub for aluminium production and industrial development. The expansion is expected to create substantial employment opportunities and drive economic growth. The GIS-2025 summit serves as a crucial platform for boosting Madhya Pradesh’s economy by attracting major investments and fostering strategic partnerships. With participation from leading industrialists, diplomatic representatives, and international trade organisations, the event is poised to solidify Madhya Pradesh’s status as a prime investment destination in India.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..