Hindalco Industries has invested ₹21,000 crore ($2.28 billion) in a major expansion of its aluminium operations in Odisha, marking a significant step in India’s push for industrial self-reliance, advanced manufacturing and clean-energy supply chains.

The investment includes a major smelter expansion at the Aditya Aluminium facility in Sambalpur, alongside the commissioning of a 170,000-tonne-per-annum Flat Rolled Products (FRP) complex and a battery-grade aluminium foil manufacturing plant. The FRP and battery foil facilities alone represent an investment of ₹4,500 crore ($490 million) and were inaugurated by the Chief Minister of Odisha, Shri Mohan Charan Majhi.

A key focus of the project is the localisation of critical materials for lithium-ion batteries. The battery-grade aluminium foil plant is directly integrated with the FRP complex and is designed to support up to 100 GWh of lithium-ion cell manufacturing capacity, strengthening India’s electric mobility and energy storage ecosystem.

As India’s largest flat rolled aluminium producer, accounting for over 50% of the domestic market, Hindalco plays a central role in reducing imports. With nearly 40% of flat-rolled aluminium currently imported, the expanded FRP capacity is expected to cut import dependence by almost half.

The Sambalpur smelter expansion also aligns with energy-transition goals, with part of its power requirements planned to be met through renewable energy solutions.

The Odisha investments form part of Hindalco’s wider growth capex programme of ₹55,000 crore ($6 billion) across India and are expected to generate more than 15,000 additional direct and indirect jobs, reinforcing Odisha’s position as a strategic hub for India’s aluminium and advanced materials industry.