Legacy

Making history, shaping India

Creating history in the Indian non-ferrous metals industry

Creating history in the Indian non-ferrous metals industry

In the late 1950s, when India was giving shape to its economic vision, one visionary leader, the late G.D. Birla took the bold step to set up the country's first integrated aluminium facility at Renukoot, Uttar Pradesh. That vision gained strength as Hindalco Industries Ltd., grew in size and scale under the dynamic leadership of the late Aditya Vikram Birla.

Under the leadership of the Aditya Birla Group’s current Chairman, Mr. Kumar Mangalam Birla, Hindalco acquired Indal, the domestic aluminium major and the Australian Nifty and Mt Gordon copper mines, merging the Aditya Birla Group's copper division to create a non-ferrous metals powerhouse.

In 2007, Hindalco created history in the Indian and global aluminium industry by acquiring Novelis Inc., a global leader in aluminium rolling and can recycling, much larger than Hindalco This overseas acquisition has over the years proved to be one of the most successful overseas acquisitions by an Indian conglomerate. The acquisition of US-based rolled products major, Aleris Corporation, in April 2020, provided Hindalco with an entry into the high-end aerospace market and positioned the Company as the world’s No. 1 aluminium value-added player. As an integrated producer with low-cost alumina and aluminium facilities combined with high-end rolling capabilities, it is the world’s largest aluminium rolling and recycling company. It stands among Asia's leading primary aluminium producers and is at the forefront of India's non-ferrous metals sector.

Hindalco’s global footprint today spans 50 manufacturing units across 10 countries. Hindalco is anchored by a multi-cultural workforce of 40,000 employees.

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Looking back at a brilliant journey
  • 2022
  • 2021
  • 2020
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2004
  • 2003
  • 2000
  • 1999
  • 1998
  • 1995
  • 1991
  • 1967
  • 1965
  • 1962
  • 1958
20
2022
  • Novelis to build a new $50 million recycling and casting centre in South Korea to expand low-carbon aluminum production
  • Novelis to invest in building a $2.5 billion low-carbon aluminium recycling and rolling plant in Bay Minette, Alabama, USA
  • Hindalco named as one of ‘India’s Best Employers Among Nation Builders’ by The Great Place to Work® Institute
2021
  • Hindalco acquires Hydro’s Aluminium Extrusions Business in Andhra Pradesh for an enterprise value of ₹247 crore accelerating its journey into high-end value-added products
  • Hindalco acquires 100% equity stake in Ryker Base Pvt. Ltd. (Ryker) – a wholly owned subsidiary of Polycab India Limited for an enterprise value of ₹323 crores. The acquisition will strengthen Hindalco’s copper rod manufacturing capacity by providing a time-to-market advantage, allowing the company to cater to the growing demand from the electrical and electronics sectors
  • 500,000 tonne expansion project in Utkal Alumina commissioned amid the pandemic
  • Hindalco is once again the world’s most sustainable aluminium company in the Dow Jones Sustainability Indices 2021
  • Hindalco Industries Ltd has been certified as a Great Place to Work TM
2020
  • Hindalco completes acquisition of Aleris at an enterprise value of $2.8 billion, marking a major milestone for Hindalco and Novelis, on their path to global leadership
  • Hindalco flags off new Aluminium Extrusion plant in Silvassa as part of long-term downstream value-added strategy. The state-of-the-art 34,000-tonne plant to come up at an investment of ₹730 crore
  • Dow Jones Sustainability Indices 2020 rank Hindalco as the World’s Most Sustainable Aluminium company
2018
  • Hindalco’s wholly owned subsidiary, Novelis Inc, signed a definitive agreement to purchase Aleris Corporation, a global aluminium rolled products major, headquartered in the United States, for US$ 2.58 billion in a debt finance deal. The acquisition is expected to solidify Hindalco's position as the world's no.1 aluminium value-added products player
2017
  • Successfully raised USD 500 million through Qualified Institutional Placement (QIP) and prepaid some of its long-terms project loans, in a bid to deleverage its balance sheet
  • Refinanced USD 4.3 billion long-term debt at Novelis - annual cash interest expense reduced by USD 79 million
  • Novelis entered into JV agreement in May 2017 with Kobe Steel to sell 50 per cent of its ownership interest in its Ulsan, South Korea facility, for USD  315 million
  • Divested Aditya Birla Minerals Limited, Australia
  • With successful bidding for new coal linkage in FY2017, coal security improved to two-thirds of annual requirement of the Aluminium Business, strategically putting the Company at a long-term advantage
  • Successfully stabilised operations of its major greenfield projects and achieved the highest aluminium production at 1.26 million tonnes in FY17
2016
  • Highest ever production of aluminium and alumina produced at 1.1 million tonnes and 2.7 million tonnes respectively
  • Greenfield projects, Mahan Aluminium, Aditya Aluminium and Utkal Alumina ramped up to full capacity, viz, 360,000TPA smelting at Mahan and Aditya each and 1.5 MTPA alumina at Utkal
  • Coal blocks in Chhattisgarh and Jharkhand, acquired through auction, became operational
2015
  • Acquired Gare Palma Coal mines in Chhattisgarh and Kathautia & Dumri Coal mines in Jharkhand through auction
2014
  • Aditya Aluminium goes on stream
2013
  • First metal tapped at Mahan Aluminium
  • Utkal Alumina Refinery goes on stream
  • Hirakud FRP plant commissioned
2012
  • Hirakud Smelter & Power expansion to 213,000TPA and 467.5MW respectively
2011
  • Refinance of Novelis debt of US$4 billion to enable strategic flexibility for growth. This was a landmark innovation in financing - not only did Hindalco get back 50 per cent of the invested equity within four years, but also opened up a novel funding avenue between Novelis and Hindalco
  • Achieved financial closure of two projects through debt financing - Utkal Alumina for ₹4,906 crore and Mahan aluminium for ₹7,875 crore
2010
  • Expansion of copper rod mill to 160KTPA
  • Completed further expansion of Hirakud Smelter from 155,000TPA to 161,000TPA
2009
  • QIP: Raised USD 600 million for projects, the largest straight QIP in India
2008
  • Alumina expansion at Muri from 110,000TPA to 450,000TPA
  • Completed expansion of Hirakud Smelter from 143,000TPA to 155,000TPA
  • Rights issue: Raised a total of ₹4,426 crore for re-financing the bridge loan taken for the acquisition of Novelis
2007
  • Landmark acquisition of Novelis, making Hindalco the largest in aluminium rolling company and among the global top five metals majors, with a presence in 12 countries outside India
  • Acquisition of Alcan’s 45 per cent equity stake in the Utkal Alumina project, thereby making Hindalco the 100 per cent project owner
2006
  • Hindalco announced 10:1 stock split. Each share with face value of ₹10 per share split into 10 shares of ₹1 each
  • Hindalco completes largest rights issue in the history of Indian capital markets with a total size of ₹22,266 million
  • Equity offering and subsequent listing of Aditya Birla Minerals Limited on the Australian Stock Exchange
  • MoU signed with the government of Madhya Pradesh for a greenfield aluminium smelter in the Siddhi district of the state
  • Joint Venture with Essar Power (M.P.) Ltd., in May 2006 to develop and operate mines at Mahan in Madhya Pradesh
  • Hindalco acquires Mouda (Nagpur) in March 2006 from Asset Reconstruction Company (India) Ltd (ARCIL) belonging to Pennar Aluminium Company Ltd
2004
  • Copper smelter expansion to 250,000TPA
2003
  • Nifty copper mine in Australia was acquired in March 2003, through Aditya Birla Minerals Limited (ABML, formerly Birla Minerals Resources Pty. Ltd.)
  • ABML acquires Mount Gordon copper mines in November 2003
  • Equity stake in Indal increased to 96.5 per cent through an open offer
  • Brownfield expansion of aluminium smelter at Renukoot to 345,000TPA
2000
  • Acquisition of controlling stake in Indian Aluminium Company Limited (Indal) with 74.6 per cent equity holding
  • The company entered ‘The Asia Top 25” list of the CFO Asia Annual Report Survey, the only Indian Company in 2001
1999
  • Aluminium alloy wheels production commenced at Silvassa
  • Brownfield expansion of metal capacity at Renukoot to 242,000TPA
1998
  • Foil plant at Silvassa goes on stream. Hindalco attains ISO 14001 EMS certification
1995
  • Mr. Kumar Mangalam Birla takes over as Chairman of the Hindalco Board
1991
  • Beginning of a major expansion programme
1967
  • Commissioning of Renusagar power plant 67.5 MW – a strategic and far-sighted move
1965
  • Downstream capacities commissioned (rolling and extrusion mills) at Renukoot
1962
  • Commencement of production at Renukoot (Uttar Pradesh) with an initial capacity of 20,000 MTPA of aluminium and 40,000 MTPA of alumina
1958
  • Incorporation of Hindalco Industries Limited 15th December 1958