Aditya Birla cos to invest Rs 77,000 cr to build capacity, enter new areas

Hindalco leads with Rs 54,000 crore investment as demand booms

With metals major Hindalco leading the pack, the Aditya Birla group would be investing a massive Rs 77,000 crore in creating new capacities and entering new sectors such as paints. This would be the group’s largest investment since it acquired Novelis, a US-based aluminium can maker, in 2007.

Hindalco is investing Rs 54,000 crore by 2026-27 led by Novelis, which is investing $2.5 billion in a new aluminium can plant in the US. “This is the largest investment by the group in creating new capacity after its acquisition of Novelis in 2007. The demand for aluminium products from beverage can makers