Hindalco: Global Giant Forges Ahead with ₹45,000 Crore Investment

Hindalco Industries plans to invest ₹45,000 crore over the next three years in its aluminium, copper, and specialty alumina businesses, with a focus on upstream operations and high-precision engineered products, Aditya Birla Group Chairman Kumar Mangalam Birla announced.

Unveiling Hindalco’s new brand identity, he emphasized its global presence, operating 52 plants across 10 countries. In aluminium smelting, the company is developing a 100 MW renewable energy solution integrating wind, solar, and pumped hydro storage. Hindalco currently generates 200 MW of renewable energy and aims to scale up to 350 MW.

Its subsidiary Novelis, with a 4.2 million tonne capacity, is the world’s largest producer of flat-rolled aluminium products, recycling approximately 82 billion beverage cans annually. Hindalco’s copper division is the second-largest producer of copper rods outside China and is on track to surpass one million tonnes of refined copper production. Meanwhile, its alumina output has surged from 3,000 tonnes to 3.7 million tonnes.

Hindalco is also expanding into renewable energy and e-waste recycling. “Birla Copper is setting up India’s first e-waste recycling plant to extract and recover metals from discarded devices,” Birla stated.

News by Rahul Yelligetti.