Hindalco Industries Ltd has announced a Rs 210 billion smelter expansion project in Odisha, reinforcing its commitment to capacity growth and industrial development. This comes alongside its Rs 370 billion capex plan and commissioning of FRP and battery foil facilities, strengthening Hindalco’s role in India’s aluminium sector.
Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, has unveiled a major smelter expansion project worth Rs 210 billion in Odisha. The announcement adds to its previously declared Rs 370 billion capex plan and commissioning of new FRP and battery foil facilities, underscoring Hindalco’s aggressive growth strategy in aluminium production and downstream applications.
Key highlights
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Hindalco announces Rs 210 billion smelter expansion in Odisha.
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Expansion complements Rs 370 billion capex plan already underway in the state.
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Company recently commissioned FRP and battery foil facilities in Odisha.
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Smelter expansion aimed at boosting aluminium production capacity to meet rising demand.
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Battery foil facility to support EV and energy storage industries.
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FRP facility expected to cater to automotive and packaging sectors.
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Investments align with India’s industrial growth and clean energy transition goals.
Industry experts note that Hindalco’s multi-billion rupee investments in Odisha will significantly enhance India’s aluminium ecosystem, positioning the company as a global leader in sustainable metals production while supporting domestic manufacturing and energy transition initiatives.
Sources: Economic Times, Business Standard, Reuters