Hindalco Industries plans to invest Rs 15,000 crore in Madhya Pradesh over the next two years, enhancing its footprint in the region.
Feb 24, 2025
Hindalco Industries has signed a Memorandum of Understanding (MoU) with the Madhya Pradesh government to invest INR 15,000 crore over the next two years.
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According to Hindalco’s Managing Director Satish Pai, the company plans to open a large mine called Banda and aims to further enhance the company’s presence in the state, boosting the local economy. This announcement was made at the Madhya Pradesh Global Investors Summit (GIS) 2025 in Bhopal.
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The company has earlier invested INR 25,000 crore, focusing on its world-class aluminium smelter in Mahan, located in the Singrauli district of Madhya Pradesh.
