New Delhi
Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, announced a $10 billion investment plan over the next five years, targeting aluminium, copper, and specialty alumina projects in India and overseas. The company’s FY25 capital expenditure alone reached ₹18,000 crore, its highest in nearly a decade.
Chairman Kumar Mangalam Birla highlighted that Hindalco is strengthening upstream capacities with expansions at the Aditya aluminium smelter (180,000 tonnes), Mahan (360,000 tonnes), and a new 850,000-tonne greenfield alumina refinery. Copper operations at Dahej are being expanded by 300,000 tonnes, making it the largest copper smelting complex outside China. Downstream, Hindalco aims to quadruple EBITDA by FY30 through value-added products and is establishing India’s first, and the world’s second-largest, e-waste and copper recycling facility at Pakhajan.
Global subsidiary Novelis is progressing with its $4.1 billion Bay Minette project in the US, set to raise capacity to 5 million tonnes annually by 2026.
FY25 marked a milestone year, with consolidated EBITDA up 38% to ₹35,496 crore and Q1 FY26 net profit rising 30% to ₹4,004 crore. Copper and specialty alumina segments delivered record earnings, while Novelis reported $17.2 billion in sales with $1.8 billion adjusted EBITDA.
Sustainability remains central to Hindalco’s strategy, including renewable energy projects, large-scale waste repurposing, and e-waste recycling. The company was named the world’s most sustainable aluminium firm for the fifth consecutive year.
