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Hindalco Invests Rs 45,000-Crore to Expand Copper and Aluminium Segments

Key Facts:

 

Hindalco Industries Limited is an Indian aluminium and copper manufacturing company and is a subsidiary of the Aditya Birla Group.

 

The company is valued at US$15.6 billion. 


Prime Highlights: 

Hindalco’s primary aluminium production has grown from 20,000 tonnes in Renukoot to 1.3 million tonnes, making it India’s largest fully integrated aluminium producer.

 

The company is on track to surpass 1 million tonnes of refined copper production.

 

Key Background:

 

Hindalco Industries, part of the Aditya Birla Group, has unveiled an ambitious investment plan of Rs 45,000 crore aimed at strengthening its copper, aluminium, and specialty alumina businesses. Kumar Mangalam Birla, the chairman of the Aditya Birla Group, made the announcement during his keynote address at the launch of the company’s new brand identity on.

 

Birla emphasized that the investment would focus on both upstream operations and the development of next-generation high-precision engineered products. “We are committing Rs 45,000 crore across these businesses to deliver advanced solutions and expand our global leadership,” he stated. He further highlighted Hindalco’s growth, noting that the company’s primary aluminium production has grown significantly from 20,000 tonnes in Renukoot to 1.3 million tonnes today, solidifying its position as India’s largest fully integrated producer. The company is also on track to surpass 1 million tonnes of refined copper production.

 

In addition to its strong performance in traditional sectors, Birla outlined Hindalco’s strategic push into emerging industries, including electric vehicle (EV) mobility, renewable energy, energy storage, semiconductors, and high-end electronics. He emphasized that the company is not only a producer but a solution provider, collaborating with customers to innovate and drive progress in these areas.

 

Birla also pointed to Hindalco’s pivotal role in India’s growing EV sector, noting that the company is pioneering critical battery materials and setting up India’s first copper foil facility for EVs. “We are providing high-performance, sustainable alternatives to traditional automotive components, especially for the EV industry,” he said.

 

With 52 plants across 10 countries, Hindalco has positioned itself as a “mini conglomerate” producing a diverse range of high-quality products that contribute significantly to the global economy. This investment plan signals the company’s commitment to expanding its influence and leadership in the global metals industry.