loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

The Aditya Birla Group will invest an additional ₹12,000 crore

ICICIdirect Research 13 Jul 2026 DISCLAIMER

News: As per media sources, the Aditya Birla Group will invest an additional ₹12,000 crore to expand Hindalco Industries' greenfield alumina refinery at Kansariguda, Odisha. The expansion will increase the refinery's capacity from 1 MTPA to 3 MTPA, taking the total project investment to ₹20,000 crore

View: The development is positive for Hindalco as it enhances its captive alumina capacity, strengthening raw material security and supporting future aluminium production. The expansion also complements the company's ongoing ~370 KT primary aluminium capacity addition, which is expected to be commissioned by FY29. We remain positive on Hindalco, supported by its integrated business model, upstream capacity expansion, increasing focus on value-added products, and favourable long-term demand outlook for aluminium

Impact: Positive

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere