Novelis to take cost-cutting steps to maintain profit: Satish Pai

Pai talks about strategy to maintain Novelis profits, benefits on project loans in domestic market

With Donald Trump's presidential victory in the US and lending rates coming down in the domestic market, Hindalco Industries, the flagship company of Aditya Birla, is set to make the best of both developments. In an interview with Aditi Divekar, managing director Satish Pai talks about strategy to maintain Novelis profits and benefits on project loans in domestic market. Edited excerpts:

With Trump's victory in the US, what prospects do you see for Novelis business going ahead. Will Novelis continue to make profits the way it has in the past few quarters?
 

Trump's victory is going to benefit Novelis as