Hindalco Industries, the flagship metals and mining arm of Aditya Birla Group, has announced plans to invest approximately $4.5 billion (around ₹37,000 crore) in its upstream expansion. This investment will focus on enhancing its production capabilities and strengthening its position in the global aluminium and copper markets.

The company aims to expand its operations by increasing the capacity of its existing plants and developing new projects in the upstream segment. This will involve both the expansion of bauxite mining operations and the scaling up of alumina production, in addition to increasing its copper refining capacity.

The strategic investment is part of Hindalco's long-term vision to meet the growing global demand for aluminium and copper, both of which are essential for various industries, including automotive, infrastructure, and renewable energy. By expanding its upstream business, the company seeks to reduce its reliance on external raw material suppliers and improve its supply chain security.

Hindalco’s upstream expansion plans are expected to boost its overall production efficiency and help lower costs. The company is also focusing on adopting advanced technologies and sustainable practices in its mining and refining processes to reduce its environmental footprint and increase operational efficiency.

The expansion is projected to create thousands of new jobs and contribute significantly to the local economies in regions where Hindalco operates. The company has also emphasized that it remains committed to driving sustainable growth and aligning its business practices with global standards of environmental responsibility.

Hindalco’s investment is a significant move in the company’s broader strategy to become a leading player in the global metals sector, positioning itself to capitalize on the growing demand for critical metals.