Hindalco Industries will invest ₹15,000 crore in Madhya Pradesh over the next two years, further expanding its aluminium smelting capacity. The company signed a Memorandum of Understanding (MoU) with the state government during the Madhya Pradesh Global Investors Summit (GIS) 2025 in Bhopal.
Strengthening Presence
Satish Pai, Managing Director, Hindalco stated, “In the next two years, we will be investing about ₹15,000 crore from Hindalco and the group side, including the opening of a large mine called Banda”.
With an existing investment of ₹25,000 crore in Madhya Pradesh, primarily in its state-of-the-art aluminium smelter in Mahan, Singrauli, Hindalco aims to deepen its footprint and drive regional economic growth.
Global Trade Policies and Hindalco’s Business
Pai also addressed how global trade policies are shaping Hindalco’s operations. He noted that the company’s U.S. subsidiary, Novelis, stands to benefit from recent tariff changes. Meanwhile, Hindalco’s Indian operations remain largely unaffected due to limited aluminium exports to the U.S.
Government Support and Economic Impact
The Madhya Pradesh government has welcomed Hindalco’s expansion, viewing it as a major boost to the state’s aluminium production and industrial sector. The investment is expected to generate employment and stimulate economic development.
Madhya Pradesh Aims to Become an Investment Hub
GIS-2025 is positioning Madhya Pradesh as a key destination for investors, attracting major industrial players and fostering global partnerships. As reported by newsonprojects.com, with this influx of investments, the state aims to strengthen its economic prospects and industrial ecosystem.
