HEAVY METAL GROUP

HIN­DALCO IN­DUS­TRIES LTD | ES­TAB­LISHED IN 1958

India Today - - STATES - —M.G. Arun

THE JOUR­NEY SO FAR

Hin­dalco’s first con­tri­bu­tion to the vi­sion of an in­dus­trial In­dia came in 1962, when the late G.D. Birla set up In­dia’s first in­te­grated aluminium fa­cil­ity at Renukoot, in east­ern Ut­tar Pradesh. It was un­der the cur­rent chair­man of the Aditya Birla Group, Ku­mar Man­galam Birla, that the busi­ness seg­ments of aluminium and cop­per were con­sol­i­dated to make Hin­dalco the non-fer­rous me­tals pow­er­house that it is to­day. This was achieved in part by in­or­ganic growth through merg­ers and ac­qui­si­tions with com­pa­nies like In­dian Aluminium Com­pany Ltd and Birla Cop­per. Hin­dalco also se­cured cop­per re­serves and am­pli­fied its oper­at­ing base by ac­quir­ing Aus­tralian cop­per mines.

In 2007, the land­mark over­seas ac­qui­si­tion

of Novelis Inc., the world’s largest aluminium rolling com­pany, placed Hin­dalco’s foot­print across the globe, se­cur­ing it a rank amongst the top five global aluminium rolling mills. Novelis is a lead­ing pro­ducer of flat-rolled alu­minum prod­ucts and the world’s largest re­cy­cler of alu­minum. It pro­vides in­no­va­tive so­lu­tions to the bev­er­age can, au­to­mo­tive and high-end spe­cialty mar­kets. ROLLING ON Hin­dalco has in­vested in two state-ofthe-art, world-class aluminium smelters and an alu­mina re­fin­ery which went on­stream in 2013-14, and were ramped to full ca­pac­ity in 2016. At present, Hin­dalco is a global me­tals pow­er­house with a con­sol­i­dated turnover of $15 bil­lion and a pres­ence in 11 coun­tries.

SMART MOVE Ku­mar Man­galam Birla at the Novelis Yeongju plant, South Korea

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