Aditya Birla Group has committed an additional ₹12,000 crore to expand its alumina refinery in Odisha, bringing the total investment in the project to ₹20,000 crore.
The group announced the decision on Saturday, highlighting the move as a significant boost to local employment and industrial capacity in the eastern Indian state.
The expansion underscores the strategic importance of alumina production for India’s broader manufacturing ecosystem.
As global demand for aluminium remains robust, driven by green energy infrastructure and automotive lightweighting trends, domestic producers are scaling up to meet both local consumption and export potential.
This capital injection positions the Odisha facility as a key node in the supply chain.
The announcement comes amid a period of heightened M&A activity in the global aluminium sector.