Hindalco Industries announced a ₹21,000-crore expansion of its aluminium smelter at Sambalpur, Odisha, on Tuesday, while commissioning a ₹4,500-crore flat-rolled products and battery foil manufacturing facility. The projects were inaugurated by Odisha Chief Minister Mohan Charan Majhi.
The smelter expansion will add 3.6 lakh tonnes per annum capacity, while the newly commissioned FRP facility will produce 1.7 lakh tonnes annually. The battery-grade aluminium foil plant, India’s first, can support up to 100 GWh of lithium-ion cell manufacturing capacity, directly feeding from the FRP complex.
The announcements are part of Hindalco’s ₹37,000-crore investment plan for Odisha and form a significant portion of its overall ₹55,000-crore growth capital expenditure across India. The projects are expected to generate over 15,000 additional jobs.
Hindalco dominates over 50 percent of India’s flat-rolled aluminium market. With nearly 40 percent of such products currently imported, the expanded FRP capacity is expected to halve India’s import dependence. The smelter expansion will partially use round-the-clock renewable energy.
The Aditya Birla Group company has invested over ₹25,000 crore in Odisha over 15 years across bauxite mining, alumina refining and aluminium smelting. Its integrated operations currently employ nearly 23,000 people. The expansion supports India’s electric vehicle, defence and advanced manufacturing sectors.
The shares of Hindalco Industries Ltd ended on the NSE today at ₹964 up by ₹13.70 or 1.44 per cent.
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Published on January 27, 2026
