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The Economic Times

Economy / The Economic Times

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India, UAE groups ink pact for $11.5 billion Indian aluminium project

India's Adani Group and Abu Dhabi's International Holding Company are looking to invest $11.5 billion in a massive aluminum project in the eastern state of Odisha, the Indian conglomerate said on Thursday. The two parties signed a memorandum of understanding with the Odisha state government, Adani said in a statement, with the proposed investment set to be India's largest foreign direct investment in the metallurgy sector.

2 Jul 2026 6:58 pm