Hindalco Industries Ltd.

Hindalco Industries’ wholly owned subsidiary -- Novelis will invest around $180 million to double its automotive aluminum body sheet capacity at its Changzhou facility in China. The investment will be a continuous annealing solution heat treatment line that will add around 100 kilotonnes of capacity and will include a high-speed slitter as well as a fully automated packaging line. 

The company expects to begin expanding its existing facility in 2018 in order to be operational by 2020. Upon completion, Novelis expects to create around 160 full time jobs.

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.