Hindalco Industries to invest Rs 4,000 cr on Hirakud rolling mill expansion

Company is in talks with Apar Industries for setting up a wire rod conductor making facility close to its smelting unit

Aditya Birla Group-owned Hindalco Industries Ltd has firmed up plans to expand the capacity of its downstream mill at Hirakud in western Odisha. The facility makes flat-rolled products (FRP) and will see an investment of Rs 4,000 crore for ramping up capacity from 1,35,000 tonnes per annum now to 3,75,000 tonnes.

"We are looking for 100 acres of contiguous land to complete the expansion. Most of the products manufactured at the Hirakud FRP are exported. We are witnessing a very good demand for such products and this is driving our expansion", said R K Gupta, head (Sambalpur cluster), Hindalco