Hindalco Industries is reportedly planning to set up a high-end alloy plate-manufacturing unit. The project would need an overall investment of Rs 2000 crore and the company is in talks with the government to evaluate if it can start it as a public-private partnership (PPP).
Hindalco Industries is an industry leader in aluminium and copper. The company’s aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines.
