Hindalco Industries Limited

Hindalco Industries Limited, the Flagship Company of the Aditya Birla Group, commenced operations in 1962. The Company initially had an aluminum smelting capacity of 20,000 tons per year (TPY) and alumina refining capacity of 40,000 TPY. The facilities are located in Renukoot, in the State of Uttar Pradesh in India. Continual expansions have seen smelting capacity grow 12 fold to 242,000 TPY, whereas alumina refining capacity has been increased to 450,000 TPY. With an outstanding record of capacity utilisation, the Company has grown into India's largest aluminium producer with a 40% share of production. More significantly, Hindalco is firmly entrenched amongst the lowest cost producers of aluminium in the world. The company has ISO 2002 Certification since 1994 and ISO 14001 Certification since 1998.

Hindalco has the distinction of having totally integrated facilities. The Company has its own bauxite mines, alumina refinery, steam and power generation facilities and smelting units. Hindalco's facilities at Renukoot also include semi-fabrication facilities for the production of value added products. With a strategy of ensuring self-sufficiency in key inputs, the company has participated in joint ventures for ensuring supply of Caustic Soda and Aluminium Fluoride. Continuous process improvement through technological upgradation has enabled Hindalco to reduce consumption norms and conserve and optimise on scarce natural resources.

The Company's product range includes Ingots, Billets, Redraw Rods, Rolled Products and Extrusions. At Silvassa, on the Western Coast of India, the Company has set up facilities for the manufacture of Aluminium Foils and Alumininum Alloy Wheels. The Company is continuously building on its diversified product mix.

Hindalco has long been perceived as the most consistent and reliable supplier of quality products in India. The Company has ensured high standards of customer service through an extensive distribution network and customer support.

The Company has found increasing acceptance for its products and services in the international markets, with exports of a significant Rs. 312 Crores in Fiscal 1999-2000. Hindalco's metal is accepted for delivery under the prestigious High Grade Primary Aluminium Contract on the London Metal Exchange. The Company has made successful inroads into the most sophisticated markets and currently has a presence in over 42 Countries. Hinalco has been recognised as a Star Trading House by the Government of India.

A key tenet of Hindalco's strategy is continuous growth. The Company has taken two major initiatives in this direction in recent times. In 1999, the company acquired a 74.6% controlling stake in Indian Aluminum Co. Ltd. (INDIAL), a leader in the alumina and semi-fabricated business. The second of the initiatives consists of an ongoing brownfield expansion of facilities at a cost of Rs. 1800 Crores. The expansion will add 100,000 TPA to Smelting Capacity along with a 210,000 TPA increase in Alumina Rifining Capacity and matching augmentation of Power Generation Capacity. The expansion is planned for completion in phase by 2003 - 2004

The company's performance during the first six months of the current fiscal 2000-2001 has been very encouraging. Turnover for the first six months of the current fiscal is up by 12% to Rs. 1116 Crores, Operating Profit gone up by 19% to Rs. 534 Crores, Net Profits increased by 17% to Rs. 351 Crores, while Exports grew by 27% to Rs. 192 Crores.

Hindalco also believes that successful Industry must share its prosperity with society at large, particularly those resident in close vicinity. The Company has a full fledged Rural Development Cell which has carried out exemplary work so as to improve the quality of life of populace exceeding 425,000 residing in the vicinity of its operations in Uttar Pradesh, Madhya Pradesh and Bihar. The efforts focus on improving health care, social welfare, providing safe drinking water, and irrigation facilities and education for economic self-reliance. The Company's efforts have generated a great deal of good will. The Company has also received recognition by way of the prestigious 'Good Corporate Citizen Award' from the Bombay Chamber of Commerce & Industry in 1998-1999.

HINDALCO INDUSTRIES LIMITED
HEAD OFFICE & WORKS: P.O. Renukoot - 231271, Distt. Sonebhadra (U.P.), INDIA.
Phone: +91 5446 52077-9, Fax: +91 5446 52107, 52427. E-mail: hindalco@cal2.vsnl.net.in
EXPORT OFFICE: 9/1, R. N. Mukherjee Road, Calcutta - 700 001, INDIA.
Phone: +91 33 2480949, 2200464. Fax: +91 33 2200214. E-mail: hindalco.rkt@rmj.sprintrpg.ems.vsnl.net.in

 

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