Hindalco, part of Aditya Birla Group, constructing ₹800 Cr EV battery foil plant in Odisha
- ByStartupStory | December 13, 2023
Hindalco Industries Ltd., the Aditya Birla Group’s flagship metal company, disclosed plans to establish a battery foil manufacturing facility near Sambalpur in Odisha, India. This move responds to the escalating demand within electric vehicle and energy storage sectors, considered promising growth arenas. The company intends to invest ₹800 crore initially, focusing on producing 25,000 tonnes of aluminum foil tailored for lithium-ion and sodium-ion battery cells.
Managing Director of Hindalco Industries, Satish Pai, highlighted, “The surge in demand for battery materials, particularly within electric vehicles and grid storage, underscores the need for localized raw materials in critical sectors.” He further emphasized Hindalco’s commitment to bolstering ‘Aatmanirbhar Bharat’ (self-reliant India) by investing in battery materials and technologies, marking the battery foil mill as a significant stride in this direction.
Notably, Hindalco achieved a technological breakthrough in producing high-quality battery foils at its Mouda manufacturing unit in Maharashtra.
The company is actively engaged in discussions to qualify its product with Li-ion manufacturers across India, Europe, and the United States.
Moreover, Hindalco is collaborating with original equipment manufacturers (OEM) to co-create crucial components such as battery enclosures, motor housings, and lightweight load bodies, contributing to India’s burgeoning design and development initiatives.
The commissioning date for the battery foil plant is slated for July 2025, solidifying Hindalco’s trajectory into this transformative space of battery materials and contributing significantly to India’s efforts in self-sufficiency.
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