Hindalco Industries announces massive investment in Odisha to slash aluminium import reliance
Hindalco Industries will expand its Odisha operations with a 255 billion-rupee investment. The project aims to halve India's flat-rolled aluminium import needs.
Insights:
Hindalco Industries Limited announced on January 27, 2026, a 210 billion-rupee project to expand its Aluminium smelter in the eastern state of IN 
IN, Odisha. This major capital deployment coincides with the commissioning of a 45 billion-rupee facility dedicated to flat rolled products and battery-grade Aluminiumfoil. The combined investment of 255 billion rupees represents a significant step for the company, which is headquartered in Mumbai and operates as part of the Aditya Birla Group.
IN, Odisha. This major capital deployment coincides with the commissioning of a 45 billion-rupee facility dedicated to flat rolled products and battery-grade Aluminiumfoil. The combined investment of 255 billion rupees represents a significant step for the company, which is headquartered in Mumbai and operates as part of the Aditya Birla Group.As the largest manufacturer of flat rolled products by market share in IN, Hindalco Industries Limitedaims to address a critical supply gap. Currently, approximately 40% of flat-rolled Aluminiumis imported into the country. The new expansion is expected to nearly halve this dependency, bringing imports down to approximately 20%. This strategic move aligns with the push from New Delhi toward greater local manufacturing and domestic self-reliance.
