Hindalco's $10 Billion Future: A Bold Leap for Global Metals

Hindalco Industries, the metals flagship of the Aditya Birla Group, will invest USD 10 billion across its global operations between FY25 and FY30, Chairman Kumar Mangalam Birla announced at the company’s 66th Annual General Meeting.

In a major push this fiscal, projects worth ₹18,000 crore have already been launched in India in FY25—marking Hindalco’s highest annual capital expenditure in nearly a decade. The investments span aluminium, copper, and specialty alumina segments, both domestically and through its U.S.-based subsidiary, Novelis.

“In India, we are doubling down on upstream capacities with substantial investments in aluminium and copper smelting,” said Birla. Key expansion projects include a 1,80,000 TPA capacity addition at the Aditya smelter, 3,60,000 TPA at Mahan, and a greenfield 850,000 TPA alumina refinery. In the copper segment, a 3,00,000 TPA smelter expansion at Dahej will position it as the largest copper smelter outside China.

Hindalco also unveiled its new Masterbrand and reaffirmed its commitment to sustainability with the launch of India’s first hybrid renewable-powered aluminium smelter project.

News by Rahul Yelligetti.