Hindalco Industries Ltd.

BSE: 500440 | NSE: HINDALCO
Large Cap | Metal - Non Ferrous
939.25
4.55 (0.49%)
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Hindalco planning to expand capacity at downstream mill in Odisha

Date: 17-10-2017

Hindalco Industries is planning to expand capacity of its downstream mill at Hirakud in western Odisha to 3,75,000 tonnes from 1,35,000 tonnes per annum. In this regards, the company will invest Rs 4,000 crore.

The company is looking for 100 acres of contiguous land to complete the expansion. Most of the products manufactured at the Hirakud FRP are exported.

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.