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Hindalco Industries to set aside Rs 2,000 crore in Indian Railway project for high-speed trains

Infrastructure  -  Aug 24,2023  - 

With cutting-edge freight waggon designs, Hindalco hopes to assist railways in achieving their Net Zero Goals and tripling their freight capacity.

Hindalco has already created technology tie-ups to bring these cutting-edge technologies to India with a planned investment of Rs 2,000 crore.

In a collaboration with the railways, Hindalco Industries Ltd. intends to invest roughly Rs 2,000 crore, according to an announcement made by Kumar Mangalam Birla, chairman of Hindalco, at the company's 64th Annual General Meeting (AGM).

India will receive new fabrication and extrusion technology thanks to the investment.

 

Company : Hindalco Industries