Hindalco eyes Rs 1 lakh cr spend to boost aluminium, climb copper ranks
Hindalco has earmarked Rs 50,000 cr for new capacity projects and is evaluating another Rs 50,000 cr, creating a potential Rs 1 lakh cr pipeline. The plan lifts aluminium smelting to over 2 million t and adds a 200,000‑t copper e‑waste recycling plant, positioning the group to meet a five‑fold rise in domestic aluminium demand and become a top global copper producer.