Hindalco unveils US$ 2.3 billion aluminium smelter expansion plan
- IBEF
- January 28, 2026
Hindalco Industries Ltd, an Aditya Birla Group company, has just made a massive announcement regarding the expansion of its aluminium business in Odisha. The company will invest a staggering Rs. 21,000 crore (US$ 2.3 billion) in this expansion to meet the growing demand for high-quality aluminium products in India. This expansion will increase the capacity of the Aditya Aluminium complex in Sambalpur by 3.6 lakh tonnes per annum. In another development, Hindalco has commissioned a Rs. 4,500 crore (US$ 500 million) Flat Rolled Products and battery-grade aluminium foil production facility, the first of its kind in the country. This facility will cater to the growing demands of the electric vehicle, energy storage, and advanced manufacturing industries. This is part of the overall capex plan of Hindalco in Odisha, where the company has allocated close to Rs. 37,000 crore (US$ 4.11 billion) for its integrated upstream and downstream aluminium business. This expansion will reduce India’s dependence on imported flat-rolled aluminium and make the country’s metals industry more competitive in the high-end market.
The downstream battery-grade foil production facility, with a capacity of 1.7 lakh tonnes per annum, will support the production of up to 100 GWh of lithium-ion batteries, which will meet the growing demand for energy transition and EV adoption in India. Currently, the company has a workforce of 23,000, and this new aluminium expansion project is expected to generate more than 15,000 new jobs in the region. Hindalco’s focus on the integration of renewable energy into its smelter power supply chain demonstrates the company’s commitment to sustainable industrialization.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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