Jindal Aluminium acquires Indo Alusys' extrusion plant for Rs 100 crore

Once fully operational, Jindal Aluminium's extrusion capacity will rise from 125,000 tonnes to 139,000 tonnes. The deal will help revive the local economy, benefit community and other stakeholders

Jindal Aluminium Limited has concluded a Rs 100-crore acquisition of the assets of Indo Alusys Industries Limited (IAIL) and commencement production at the revived Bhiwadi plant.

The acquisition of IAIL's assets covers its manufacturing unit located in the industrial area of Bhiwadi, Rajasthan. About 70 km from the national capital, the location offers strategic access of the northern market to Jindal Aluminium and brings a potential capacity of 14,000 metric tonnes per annum extrusions.

Once fully operational, Jindal Aluminium's extrusion capacity is expected to rise from 125,000 tonnes to 139,000 tonnes. Apart from helping Jindal Aluminium to add capacity, the