Hindalco Industries Ltd., a key subsidiary of the renowned Aditya Birla Group, holds the position of the world’s largest aluminium rolling company and ranks among Asia’s leading aluminium producers. This significant title shows the company’s dedication to outstanding performance in the metal industry.
As we go through each section, you’ll get to know how Hindalco has been contributing to India’s industrial and economic growth, showcasing the company’s significant impact both nationally and globally.
Table of Content
- 1 About Hindalco Industries Ltd.
- 2 Overview of Hindalco Industries Ltd.
- 3 Hindalco Industries Ltd. History
- 4 Major Subsidiaries of Hindalco Industries Ltd.
- 5 Major Acquisitions by Hindalco Industries Ltd.
- 6 Aleris Corporation
- 7 Products/Brands Under Hindalco Industries Ltd.
- 8 Aluminium Extrusions Brands:
- 9 Aluminium FRP Brand:
- 10 Aluminium Foil Brands:
- 11 Copper Product Brand:
- 12 Conclusion
About Hindalco Industries Ltd.
| Founder | Ghanshyam Das Birla |
| Industry Type | Metals |
| Founded Year | 1958 |
| Headquarters | Mumbai, India |
| Key People | Kumar Mangalam Birla (Chairman)Satish Pai (Managing Director) |
| Parent Company | Aditya Birla Group |
| Global Presence | 10 countries |
| Market Cap | ₹1.10 trillion |
| Total Employees | 76,800+ |
Additional Read: Hindalco Share Price
Overview of Hindalco Industries Ltd.
Hindalco Industries Ltd. holds a strong financial position with a consolidated turnover of ₹2,23,202 Crore and a consolidated EBITDA of ₹24,131 Crore. The company operates 19 manufacturing units and 21 mining operations in India, showing its significant contribution to the country’s industry. Globally, Hindalco has 33 manufacturing facilities, 17 of which have recycling capabilities.
Hindalco, a significant part of the Aditya Birla Group, stands out as a prominent figure in the metals sector with a noteworthy value of $28 billion. It predominantly excels in producing aluminium and copper. In 2020, by acquiring Aleris Corporation, Hindalco emerged as the world’s biggest manufacturer and recycler of flat-rolled aluminium products. Its advanced copper facility holds a position among the largest custom smelters in Asia.
In India, Hindalco covers a broad range of operations from bauxite mining, alumina refining, and aluminium smelting to downstream rolling, extrusions, and foils. These operations ensure top quality and efficiency across all production stages.
The Birla Copper unit within Hindalco produces various by-products, including gold, silver, and DAP fertilisers. Hindalco stands as India’s largest private producer of gold. The company’s copper holds Grade A accreditation on the London Metal Exchange, proving its international standard of quality. Hindalco Industries Ltd. is a large and diversified company with a significant footprint in both the Indian and global metal industries. The company is committed to excellence, quality, and innovation in all areas of its operation.
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Hindalco Industries Ltd. History
1958:
Inception: Hindalco Industries Ltd. was established by Ghanshyam Das Birla, laying down the first stone in the robust structure of India’s aluminium industry.
1962:
Renukoot Plant: The company inaugurated its aluminium facility at Renukoot, Uttar Pradesh, marking a pivotal step in enhancing its aluminium production.
1989:
Acquisition of Indal: Hindalco acquired Indian Aluminium Company Limited (Indal), expanding its operations and diversifying its product portfolio.
2000:
Global Expansion: Hindalco extended its boundaries, marking its territory in multiple countries and solidifying its position in the global market.
2007:
Purchasing Novelis Inc.: The acquisition of Novelis Inc. bolstered Hindalco’s international presence in the aluminium sector.
2013:
Introduction of Utkal Alumina: The launch of Utkal Alumina International Ltd. in Odisha, underscored Hindalco’s growth in the alumina market.
2015:
Inauguration of Aditya Smelting Limited: A new Greenfield aluminium smelter was established in Madhya Pradesh, amplifying Hindalco’s aluminium production capacity.
2020:
Securing Aleris Corporation: Through Novelis Inc., Hindalco secured Aleris Corporation, reinforcing its global standing in the aluminium industry.
2021:
Accolades and Recognition: Hindalco was honoured with the ‘Sustainable Corporate of the Year Award – 1st Runner Up’ by Frost & Sullivan and TERI Sustainability 4.0 Awards 2021. Additionally, it bagged the Warehouse and Logistics Excellence Award 2021 in the manufacturing category from Quantic.
2022:
Strategic Acquisitions and Partnerships: Hindalco acquired Hydro’s Aluminium Extrusions Business in Andhra Pradesh, further augmenting its business portfolio. Additionally, Hindalco entered into a Memorandum of Understanding with Phinergy and IOC Phinergy, marking a new chapter of collaboration and growth.
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Major Subsidiaries of Hindalco Industries Ltd.
Hindalco Industries Ltd. holds a robust portfolio of subsidiaries, each contributing significantly to the overall stature and operation of the company. Here’s a more detailed look at each one:
Novelis Inc.:
Novelis Inc. is the world’s biggest maker of flat-rolled aluminium products and the largest aluminium recycler. It has its main office in Atlanta, USA, and it works in 10 countries. The company has around 12,000 employees and had a revenue of $11.1 billion in the 2019 fiscal year. Novelis’ wide global reach and industrial strength boost Hindalco’s operations, making its place even stronger in the global aluminium industry. This partnership also increases Hindalco’s efforts for sustainability because of Novelis’ strong aluminium recycling operations. Novelis provides aluminium to some of the most well-known brands in the world, like Coca-Cola, ABInBev, and Ford.
Utkal Alumina International Ltd.:
Utkal Alumina International Ltd. (UAIL) is a significant player in the alumina industry in India. Based in Rayagada, Odisha, UAIL operates an advanced alumina refinery with an annual capacity of 1.5 million tonnes. UAIL’s operations are crucial for Hindalco’s aluminium production, providing high-quality alumina, a key raw material. The subsidiary strengthens Hindalco’s supply chain, ensuring consistent and quality raw material availability for aluminium production. UAIL is dedicated to sustainable operations with substantial investments in environmental management systems and community development initiatives.
Aditya Birla Minerals Ltd.:
Aditya Birla Minerals Ltd., headquartered in Brisbane, Australia, is a notable name in the copper mining sector. It owns and operates the Nifty Copper Operation, an underground copper mine and concentrator. This subsidiary amplifies Hindalco’s copper production capabilities, contributing significantly to its copper segment. It enables Hindalco to ensure a consistent supply of copper, reinforcing its position in the copper industry. Aditya Birla Minerals Ltd. holds a prominent position in the Australian copper industry, contributing to both local employment and economic activity.
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Major Acquisitions by Hindalco Industries Ltd.
Aleris Corporation
In 2020, Hindalco Industries Ltd. made a noteworthy acquisition of Aleris Corporation, through its subsidiary Novelis Inc., showcasing its strategic insight for global expansion. This acquisition, valued at $2.8 billion, underscores Hindalco’s financial solidity and its commitment to enhancing operational capacities. This strategic venture increased Hindalco’s global presence, especially strengthening its hold in North America, Europe, and Asia.
Aleris’s acquisition broadened Hindalco’s technological boundaries, infusing advanced manufacturing capabilities notably in the automotive and aerospace sectors. This union enriched Hindalco’s product portfolio, adding high-end aluminium products for key markets. Aleris’s robust recycling abilities harmonise with Hindalco’s emphasis on sustainability, bolstering its position as the world’s largest aluminium recycler. The Aleris acquisition stands as a landmark in Hindalco’s ongoing journey towards comprehensive global integration and growth.
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Products/Brands Under Hindalco Industries Ltd.
Hindalco Industries Ltd. hosts a variety of brands that span across different segments of the aluminium and copper industry. Each brand has its own unique place, offering specialised products to meet diverse needs. Let’s take a closer look at these brands.
Aluminium Extrusions Brands:
1. Hindalco Extrusions:
This brand is known for its wide range of aluminium extruded products. They offer diverse items including architectural profiles and road transport sections, meeting the varied needs of different industries.
2. Maxloader:
Maxloader is another brand under Hindalco that focuses on enhancing transport capabilities by offering sturdy and reliable load-carrying solutions.
3. Eternia:
Eternia specialises in aluminium windows, offering a blend of style, security, and durability. The windows are designed to enhance both the look and the safety of buildings.
4. Totalis:
Totalis focuses on providing aluminium architectural solutions, known for their design, quality, and longevity. They are a go-to choice for various architectural needs.
Aluminium FRP Brand:
5. Everlast:
Everlast is a notable brand in the aluminium roofing sector. It is known for its robust and durable roofing solutions that stand up to various environmental factors.
Aluminium Foil Brands:
6. Freshwrapp:
Freshwrapp is a widely recognised name for food-grade aluminium foil. It is a trusted brand for keeping food fresh and is used in many households.
7. Superwrap:
Superwrap offers high-quality aluminium foils designed for effective food wrapping. It is a preferred choice for maintaining food hygiene and freshness.
Copper Product Brand:
8. Birla Balwan:
Birla Balwan is known for its high-quality copper products. It is a reliable brand for various copper solutions, meeting industry standards for performance and durability.
Conclusion
Hindalco Industries Ltd. is a key player in the metals industry, offering a wide range of reliable aluminium and copper products. Each brand under Hindalco, from Eternia to Birla Balwan, showcases a commitment to quality and innovation. With its global presence and dedication to sustainability, Hindalco continues to make a positive impact on industries and customers around the world, ensuring trust and satisfaction in every partnership. The company’s consistent growth and focus on excellence solidify its standing as a trusted name in the global marketplace.
