Hindalco to invest Rs 3,000cr to boost flat rolled products capacity

Hindalco to invest Rs 3,000cr to boost flat rolled products capacity

Hindalco Industries Limited said that its board of directors has sanctioned the company’s plans for an INR 3,000 crores expansion project to ramp up its flat rolled products capacity. In this connection, the Indian aluminum and copper manufacturing company will undertake a downstream flat rolled project (FRP) at its existing facilities at Hirakud and Aditya […]

Aditya Birla’s Grasim and Century to create knit manufacturing joint venture

Aditya Birla’s Grasim and Century to create knit manufacturing joint venture

Grasim Industries Limited, a part of Aditya Birla Group, and Century Textile and Industries Limited (CTIL) have agreed to create a joint venture called – Birla Advanced Knits Private Limited. The 50:50 joint venture between the parties will be engaged in manufacturing man-made cellulose fiber knit fabrics. Both the companies will provide their respective skills, […]

UltraTech Cement to invest $750m to expand capacity by 12.8mtpa

UltraTech Cement to invest $750m to expand capacity by 12.8mtpa

UltraTech Cement, a subsidiary of Indian conglomerate Aditya Birla Group, has announced an investment of INR 54.77 billion ($750 million) for expanding its cement production capacity by 12.8 million tons per annum (mtpa). The increased capacity will come through a combination of brown field and green field expansion. It includes the existing approval for the […]