Hindalco Industries has declared a lock-out at the company’s Silvassa plant. The company has taken this step due to continuation of illegal strike by workmen at the said plant. The company does not expects any adverse impact on its financials due to the aforesaid lock-out.
Hindalco Industries, the metals flagship company of the Aditya Birla Group, 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.
