Hindalco to invest ₹45,000 cr across businesses over 4 yrs

Hindalco Industries, an Aditya Birla Group company, has committed to invest ₹45,000 crore in 3-4 years across the aluminium, copper and specialty alumina businesses to deliver both upstream and next-gen high­ precision engineered products to its customers.

From being a large metal supplier, Hindalco is transforming itself into a solution provider for various industries by co-creating products in EV mobility, renewable energy, energy storage, semiconductors, and high-end electronics.

In automotive, the company is enabling lighter, more fuel-efficient, and EV-ready vehicles.

It has helped design and manufacture lightweight battery enclosures for two-wheeler and car OEMs —enhancing durability, safety and driving range.

In packaging, the company’s can-body stock plant is working to create a circular model that uses over 80 per cent recycled beverage cans as raw material.

In green energy, Hindalco’s materials are used to create solar and wind infrastructure while aluminium, copper, and alumina are integral to solar modules and battery storage.

Kumar Mangalam Birla, Chairman, Aditya Birla Group said Hindalco was founded more than 65 years ago in Renukoot in Uttar Pradesh as a small aluminium producer, and its role in building a newly independent nation was anything but small.

Global leader

“Today, we are a global leader in aluminium, copper and specialty alumina,” he said at an event to launch the company’s new identity in Mumbai on Thursday.

On the delay in pick-up in private capex, Birla said the economic environment was conducive for private capex and there was no need for companies to wait-and-watch.

The company’s primary aluminium production has expanded from a modest 20,000 tonnes in Renukoot to 1.3 million tonnes now. Its subsidiary, Novelis, with a capacity of 4.2 million tonnes, is the world’s largest producer of flat-rolled aluminium products. It is also the largest aluminium recycler with about 82 billion beverage cans recycled annually.

In copper, the company is the second-largest producer of copper rods outside China and are on track to surpass 1 million tonnes of refined copper production.

Hindalco’s alumina business has scaled from 3,000 tonnes to 3.7 million tonnes o become the world’s top three players in specialty alumina.

Birla said Hindalco is a mini-conglomerate in itself with 52 plants across 10 countries, producing a diverse portfolio of high-quality products that contribute to the global economy.