Hindalco Industries has committed to investing ₹15,000 crore in Madhya Pradesh over the next two years, following the signing of a Memorandum of Understanding with the state government. The announcement was made during the Madhya Pradesh Global Investors Summit (GIS) 2025 in Bhopal on Monday.
Hindalco’s Managing Director, Satish Pai, stated that the investment would include the establishment of a significant mining project, Banda, as well as further expansions by the company and the Aditya Birla Group. Hindalco already has a notable presence in the state, with previous investments of ₹25,000 crore, largely focused on its state-of-the-art aluminium smelter in Mahan, Singrauli. The new funding will further solidify the company’s position and contribute to the local economy.
Pai also addressed the impact of global trade policies on Hindalco’s operations, particularly the United States. “Hindalco has a major American subsidiary, Novelis. For the consolidated Hindalco, these tariffs have a neutral to positive effect, as Novelis benefits, and Hindalco in India does not export aluminium to the U.S.,” he explained.
In addition to Hindalco, other Aditya Birla Group companies, including UltraTech Cement and Grasim’s Viscose Staple Fibre division, are working on their own initiatives in Madhya Pradesh, reinforcing the group’s dedication to the state’s industrial growth.
The Madhya Pradesh government has welcomed Hindalco’s investment, seeing it as a significant step towards strengthening the state’s position as a major aluminium production hub and a center for industrial development. The expansion is expected to create numerous employment opportunities and stimulate regional economic growth.
The GIS-2025 summit is anticipated to further accelerate economic growth in Madhya Pradesh by attracting key investments and fostering partnerships with global stakeholders. With top industrialists, diplomats, and international trade organizations in attendance, the event aims to elevate Madhya Pradesh as a key investment destination in India.
Hindalco Industries Limited, part of the Aditya Birla Group, is a $26 billion metals giant and the world’s largest aluminium company by revenue. It is also the second-largest copper rod manufacturer outside China. The company operates across the entire value chain, from bauxite mining and alumina refining to aluminium smelting, downstream rolling, extrusions, and foils. With its subsidiary Novelis, Hindalco is the global leader in flat-rolled aluminium products and the world’s largest aluminium recycler.
In India, Hindalco is the largest copper producer, meeting over half of the country’s copper demand. Its state-of-the-art facility in Gujarat includes a copper smelter, refinery, downstream units, and a captive jetty. With 52 manufacturing facilities across 10 countries, Hindalco has maintained its position as the world’s most sustainable aluminium company, securing a top ranking in the Dow Jones Sustainability Indices (DJSI) for five consecutive years (2020-2024).
