InvestorQ : What is the huge expansion plan that Hindalco has taken up in its aluminium facilities?
Tisha Malhotra made post

What is the huge expansion plan that Hindalco has taken up in its aluminium facilities?

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Aashna Tripathi answered.
4 months ago
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Hindalco will invest around Rs.10,000 crore in its Hirakud, Silvassa and Mundra plants. Hindalco will expand flat rolling capacity at Hirakud, set up extrusions plant at Silvassa and a greenfield project at Mundra. Hindalco plans to transform aluminium vertical into EBITDA growth driver. India has very low per-capita consumption of aluminium which opens up a huge potential, especially in EVs.

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