3 months ago
2
Hindalco Industries connected Tuesday (January 27, 2026) announced a ₹210 cardinal ($2.29 billion) task to grow its aluminium smelter successful Odisha, arsenic a portion of its larger capableness enhancement program aimed astatine reducing reliance connected imports.
The Aditya Birla Group institution also commissioned a level rolled products (FRP) and battery-grade aluminium foil manufacturing installation worthy ₹45 billion.
Aluminium products are captious earthy materials for lithium-ion batteries utilized successful electrical vehicles and cleanable vigor storage. The investments travel amid New Delhi’s propulsion towards greater local manufacturing.
Mumbai-headquartered Hindalco, India’s largest FRP shaper by marketplace share, said the enlargement volition astir halve the dependence connected imports. About 40% of flat-rolled aluminium is presently imported into India, it added.
The projects are expected to make over 15,000 further jobs, and are portion of the firm’s wide superior expenditure outlay of ₹550 cardinal crossed India, Hindalco added.
