According to foreign media reports, Embraer has signed a memorandum of understanding with Hindalco Industries to assess the possibility of cooperation in the production of aerospace-grade aluminum raw materials. In October 2025, Embraer established an office in New Delhi, symbolizing the company's growing ambitions in the region. The company considers India a "strategic market" for the expansion of its various business units and plans to further expand its fleet beyond the current 47 aircraft operating in India.
Feb 26, 2026 15:48Hindalco Industries has approved the acquisition of EMIL Mines and Mineral Resources (EMMRL), which operates the Bandha coal block in Madhya Pradesh, located just 18.5 km from its Mahan aluminium smelter. This strategic move aims to ensure a stable and long-term energy supply for the smelter. The Bandha coal mine, with an estimated 197 million tonnes of mineable coal and a projected lifespan of 45 years, offers logistical advantages due to its proximity and transport infrastructure. Managing Director Satish Pai stated that while Hindalco plans to add 100–200 MW of renewable energy capacity at Mahan in the coming years, thermal energy remains essential for securing base load requirements. The transaction, approved on May 20, is expected to close within six to nine months, pending regulatory clearance. Pai emphasized the importance of balancing renewable expansion with reliable thermal base load to maintain grid stability.
Jun 17, 2025 00:38
Hindalco Industries is deep in the red, marking its fifth consecutive losing session with a sharp 4.36 per cent decline on April 4.
Apr 7, 2025 09:39Aditya Birla Group Chairman Kumar Mangalam Birla announced at the launch of a new brand identity that its company Hindalco would make significant investments in aluminum, copper, and specialty alumina businesses, amounting to 450 billion rupees (approximately 37.8 billion RMB). The investment will support the development of upstream and next-generation high-precision engineering products, further solidifying the company's leadership position in the global metals sector. As early as February this year, Hindalco had already announced an investment of 150 billion Indian rupees (approximately 12.5 billion RMB) in Madhya Pradesh, India, to expand the smelting capacity of both existing and new plants.
Mar 22, 2025 09:11
Hindalco announced a bold $10 billion investment plan to expand its domestic operations and U.S.-based aluminium recycler Novelis Inc, Chairman Kumar Mangalam Birla said during the metals refiner's shareholder meeting on 22nd August.
Aug 23, 2024 20:48In a strategic move to bolster its domestic aluminium industry, the Indian government is contemplating a surge in anti-dumping duties on aluminium foil imported from Thailand.
Apr 2, 2024 10:41