Hindalco Announces Rs808 Cr Capacity Expansion at Kuppam Plant
India, Aug. 7 -- India's aluminium industry is entering a structural growth phase, driven by increasing consumption across electric vehicles, renewable energy, power transmission, construction, packaging and industrial manufacturing. As the economy continues to industrialise and infrastructure spending accelerates, aluminium demand is expected to outpace global averages, encouraging leading producers to invest in capacity expansion.
Hindalco Industries Limited, the flagship metals company of the Aditya Birla Group, announced a major expansion at its Kuppam manufacturing facility in Andhra Pradesh, strengthening its downstream aluminium manufacturing footprint to meet future demand.
Shares of Hindalco Industries Limited were trading at R...
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