Jindal Aluminium, the country’s largest manufacturer of aluminium extruded goods, plans to invest around Rs 150 crore over the next two years to bring new capacity online across its two verticals – extrusions and rolled products.
The company plans to increase capacity by about 50%, especially in the extrusions vertical.
Its current capacity in the extrusions section is 1,25,000 tonne per year, while its capacity in the rolled goods category is 50,000 tonne per year.
Investments in incremental capacity increase will be supported through internal accruals, according to Pragun Jindal Khaitan, Vice Chairman and Managing Director, Jindal Aluminium Ltd.
