Hindalco Industries, the metals flagship of the Aditya Birla Group, will invest USD 10 billion across its global operations between FY25 and FY30, Chairman Kumar Mangalam Birla announced at the company’s 66th AGM.

Of this, projects worth Rs 18,000 crore have already been initiated in India in FY25, marking the company’s highest annual capex in nearly a decade. The investments span aluminium, copper, and speciality alumina, both in India and via its US subsidiary Novelis. “In India, we are doubling down on upstream capacities through substantial investments in aluminium and copper smelting,” the Chairman said.

Hindalco is expanding its Aditya smelter by 1,80,000 TPA, adding 3,60,000 TPA at Mahan, and building a greenfield 850,000 TPA alumina refinery. In copper, a 3,00,000 TPA smelter expansion at Dahej will make it the largest outside China. Hindalco also launched its Masterbrand and reiterated its sustainability push with India’s first hybrid renewable-powered smelter project.