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The Economic Times

Economy / The Economic Times

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Adani-IHC foray may rejig India's aluminium market mix

Adani Group is set to disrupt India's aluminium market with an $11.5 billion venture, challenging Hindalco and Vedanta. The project, slated to add nearly 50% to national output in five years, leverages Adani's low-cost energy advantage. This significant expansion aims to meet rising domestic demand, with a substantial portion of bauxite sourced from Odisha, creating over 53,000 jobs.

3 Jul 2026 12:37 am