Hindalco Industries, a number one copper and aluminium participant, proclaims funding of ₹45,000 crore in its copper, aluminium and speciality aluminium business, stated the Chairperson of Aditya Birla Group, Kumaramangalam Birla at an occasion in Mumbai whereas the revealing its new brand and id as an engineering options supplier.
The announcement assumes significance because the copper and aluminium firm had introduced to invest $4-5 billion in aluminium and copper upstream tasks, its second quarter outcomes presentation.
“So, we have announced the Rs. 45,000 crore investment. Both upstream, aluminium downstream, copper and speciality. So, we are going to do a copper smelter, an aluminium smelter, an alumina refinery, a copper recycling plant, a fused alumina plant, aluminium foil, copper foil. So, a mix of both upstream and downstream is the investment that we are going to do over the next three to four years,” stated Satish Pai Managing Director of Hindalco Industries whereas talking on the sidelines.
Published – March 20, 2025 06:54 pm IST
