Hindalco plans to build a 34,000-tonne-per-year aluminium extrusion plant in Silvassa, India, it said on Monday December 7.
The company, which expects commercial production at the plant to start in 24 months, said the new plant will be part of the company's long-term downstream value-added product (VAP) strategy."We are seeing a revival in the economy, with demand picking in the building and construction and automotive sectors. This has given us the confidence to move forward," Hindalco managing director Satish Pai said. "The Silvassa facility will enable us to service our customers faster, with...