Hindalco to Invest ₹45,000 Crore Across Businesses Over Four Years.

Hindalco Industries, the metals flagship of the Aditya Birla Group, has announced a ₹45,000 crore investment over the next three to four years to expand its aluminium, copper, and specialty alumina businesses. The investment aims to bolster upstream capabilities while developing next-generation, high-precision engineered products for various industries.

As part of its transformation from a raw material supplier to a solutions provider, Hindalco is co-developing products for sectors such as electric vehicle (EV) mobility, renewable energy, energy storage, semiconductors, and high-end electronics. In the automotive sector, the company is contributing to the development of lighter, more fuel-efficient, and EV-ready vehicles. It has also played a key role in designing and manufacturing lightweight battery enclosures for two-wheeler and car OEMs, enhancing durability, safety, and driving range.

Hindalco is also driving sustainability efforts in packaging, with its can-body stock plant utilizing over 80% recycled beverage cans as raw material to create a circular model. In the renewable energy space, the company's materials are being used to build solar and wind power infrastructure, with aluminium, copper, and alumina playing a crucial role in solar modules and battery storage.

Speaking at an event in Mumbai to unveil the company’s new identity, Aditya Birla Group Chairman Kumar Mangalam Birla highlighted Hindalco’s journey from a small aluminium producer in Renukoot, Uttar Pradesh, 65 years ago to a global industry leader. "Today, we are a global leader in aluminium, copper, and specialty alumina," he said.

Hindalco’s primary aluminium production has grown from 20,000 tonnes at its Renukoot facility to 1.3 million tonnes, while its subsidiary Novelis, with a 4.2 million-tonne capacity, is the world’s largest producer of flat-rolled aluminium products and recycles around 82 billion beverage cans annually. In copper, Hindalco is the second-largest producer of copper rods outside China and is on track to surpass 1 million tonnes of refined copper production. Its specialty alumina business has expanded from 3,000 tonnes to 3.7 million tonnes, placing it among the world’s top three players.

Describing Hindalco as a "mini-conglomerate," Birla noted that the company operates 52 plants across 10 countries, producing a diverse portfolio of high-quality products that contribute to the global economy. On the broader investment climate, he asserted that the current economic environment is conducive to private capital expenditure, dismissing the need for a wait-and-watch approach.

With its aggressive expansion plans and focus on innovation, Hindalco aims to strengthen its position as a key player in the global metals and materials industry.

HBL