- Business
- Hindalco Industries Limited, the metals flagship of the Aditya Birla Group founded in 1958 and headquartered in Mumbai, India, ranks among Asia's largest producers of primary aluminium, excluding China, and operates as an integrated player across the aluminium, copper and chemicals value chains. The company produces primary aluminium, value-added aluminium products including flat rolled products, extrusions, foils, packaging solutions, wire rods and billets; copper cathodes, continuous cast rods, speciality alloy rods, wires, tubes, foils and precious metals; metallurgical and calcined alumina, alumina hydrate; and chemicals and by-products such as di-ammonium phosphate, sulphuric acid and phosphoric acid. Hindalco serves diverse sectors including aerospace and defence, automotive and transport, building and construction, electricals and electronics, beverage and food packaging, consumer durables, pharmaceuticals, EV and renewables, refractories and ceramics; it maintains a global footprint across 10 countries with over 50 manufacturing units, 23 mines and a workforce exceeding 68,500, including its key subsidiary Novelis, the world's largest aluminium recycler.
In recent developments, Hindalco acquired US-based AluChem Companies, Inc. for $125 million in June 2025 through a step-down subsidiary to expand its speciality alumina portfolio and gain advanced chemistry capabilities for clean-tech markets. The company plans $10 billion in global investments between FY25 and FY30, including Rs 50,000 crore over three to four years in alumina refineries, aluminium smelters, copper smelting, recycling and a Rs 10,225 crore expansion at its Aditya Aluminium unit in Odisha adding 193 kilotonnes by FY2029. These initiatives follow upstream capacity doublings at Aditya and Mahan smelters, a greenfield 850,000-tonne alumina refinery and advancements in downstream copper tubes and the world's second-largest e-waste recycling facility at Pakhajan, funded largely by internal accruals with targeted four-fold EBITDA growth by FY30.