What is Hindalco Industries expanding in Odisha?

Hindalco Industries is expanding its aluminium smelter in Sambalpur, Odisha, with new primary aluminium capacity, a flat rolled products mill, and India's first battery-grade aluminium foil plant.

How will Hindalco's expansion impact India's aluminium imports?

The enhanced flat rolled products capacity is expected to reduce India's dependence on imported flat rolled aluminium by almost half.

What is the significance of the new battery-grade aluminium foil plant?

The new plant will directly supply the fast-growing lithium-ion cell manufacturing industry, supporting up to 100 GWh of annual cell production.

Home / Business and Economy / Hindalco Boosts Odisha Output, Eyes Import Cut

Hindalco Boosts Odisha Output, Eyes Import Cut

27 Jan

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Summary

Hindalco announced a Rs 21,000 crore expansion of its Odisha aluminium smelter.
New facilities include a battery-grade aluminium foil plant for lithium-ion cells.
Expansion aims to cut India's flat rolled aluminium imports by nearly half.

Hindalco Boosts Odisha Output, Eyes Import Cut

Hindalco Industries has unveiled a substantial Rs 21,000 crore expansion of its aluminium smelter in Sambalpur, Odisha. This significant capacity addition includes 3.6 lakh tonnes per year of primary aluminium and a new 1.7 lakh tonnes per year flat rolled products (FRP) mill. The investment also inaugurates India's first battery-grade aluminium foil plant, a critical component for the rapidly expanding lithium-ion cell manufacturing sector.

This strategic development is poised to drastically decrease India's dependence on imported flat rolled aluminium, which currently accounts for nearly 40% of the domestic market. The new FRP capacity is expected to halve this import reliance, thereby enhancing domestic production capabilities and improving cost efficiencies. The company is also integrating renewable energy sources to power a portion of the new smelter's operations, moving towards lower-carbon aluminium production.