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March 28, 2025

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Tag : Hindalco Industries

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Hindalco Industries Announce INR 4,000 Crore Investment for New Extrusion Facility and Copper & E-Waste Recycling Plant in India

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Hindalco Industries announced an investment of INR 4,000 crore out of which INR 2,000 crore is allotted for one-of-its-kind copper and e-waste recycling plant. Aug 23, 2023 Mr, Kumar Mangalam Birla, Chairman of Hindalco Industries, announced an overall investment of INR 4,000 crore at the company’s 64th Annual General Meeting......
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IEEMA Designates Rohit Pathak as its President

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At the recently held 75th AGM, IEEMA announced the selection of Mr. Rohit Pathak, who serves as the CEO of Hindalco Industries as the President for 2022-23. October 27, 2022 The Indian Electrical & Electronics Manufacturers’ Association (IEEMA) has onboarded Mr. Rohit Pathak as its new President for the year......
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Hindalco Industries to Acquire Ryker Base for INR 323 Crore

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The acquisition will strengthen Hindalco’s copper rod capacity along with providing the “time-to-market” advantage. November 11, 2021 Aditya Birla Group-owned Hindalco Industries has announced to acquire 100 percent equity in Polycab India’s wholly-owned subsidiary – Ryker Base for an enterprise value of INR 323 crore. In a regulatory filing submitted......

Companies like Hindalco and Sterlite Seek Govt. Help to Reduce Metal Dumping in India

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Domestic capacity remains idle whilst cheaper imports meet half of India’s demand for copper and aluminum. October 7, 2016 A sharp increase in the import of aluminum and copper from countries with which we have FTAs has affected major mining companies. They have urged the government to review decisions on......
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Hindalco Industries to Invest Rs. 250 Cr. in a New Plant at Dahej

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The new wire-rod production facility will aim in enhancing the contribution of value-added products from 40 to 60 percent of total sales. August 16, 2016 An Aditya Birla Group company, Hindalco Industries will invest Rs. 250 Cr. in a new wire-rod production capacity at Dahej in Gujarat. This new facility......
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Withdrawal of Copper Export Incentive Puts Copper Producers in Jittery

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The withdrawal, effective from April 1, 2015, has made the country’s copper exports globally uncompetitive, they say. March 28, 2015 In a move to meet the global competency, key copper producers have joined together seeking incentivisation of duty on exports of refined copper. A public sector company Hindustan Copper and......
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