To tap the rapidly growing market for electric vehicles (EVs) and energy-storage systems, Hindalco Industries, the aluminium flagship of the Aditya Birla Group, announced an investment of ₹800 crore on Tuesday to set up a new plant to manufacture fine-quality aluminium foil used in rechargeable batteries.
The new plant, to be set up near Sambalpur in Odisha, will be commissioned by 2025. The investment will be funded through internal accruals, the aluminium rolling and recycling company said in a stock filing on Tuesday. The plant will initially produce 25,000 tonnes of the product.
هذه القصة مأخوذة من طبعة December 13, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 13, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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