Hindalco Industries Ltd, metals flagship of Aditya Birla Group, has revealed a series of strategic moves aimed at consolidating its leadership position in the world metals industry. Chairman Kumar Mangalam Birla unveiled a ₹45,000 crore investment plan in aluminium, copper, and specialty alumina businesses that will be placed both upstream as well as on next-gen high-precision engineered products.
It also introduced a new brand identity as a harbinger of its foray into becoming a metals giant. Moreover, Hindalco is partnering with battery makers for energy storage solutions, following its previous alliance with Phinergy and IOC Phinergy for aluminum-air batteries for India's electric vehicle segment.
Major pointers:
₹45,000 crore plan for metal businesses
Launch of new brand identity
Partnership with battery makers for energy storage
Proposal for India's first copper foil plant for EVs
These steps are in line with Hindalco's focus on sustainability and innovation, cementing its position as a global industry leader in metals.
Sources: Economic Times, Moneycontrol, March 20, 2025