Hindalco Industries Ltd.

Hindalco Industries has planned a total capital expenditure of about $8 billion over the next five years in its arm Novelis and India. Novelis has found potential investment opportunities of $4.5 billion, while the company has identified potential investment opportunities of nearly $3 billion in India.

Besides, 70 per cent of the company's consolidated cash flows will be allocated towards high-growth downstream segments, including EVs, mobility, batteries and Consumer durables.

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.