{"id":10675,"date":"2022-08-25T05:33:10","date_gmt":"2022-08-25T05:33:10","guid":{"rendered":"https:\/\/newprojectstracker.com\/blog\/?p=10675"},"modified":"2023-01-26T11:18:07","modified_gmt":"2023-01-26T11:18:07","slug":"hindalco-earmarks-about-8-billion-capex-over-next-5-years","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/hindalco-earmarks-about-8-billion-capex-over-next-5-years\/","title":{"rendered":"Hindalco earmarks about $8 billion capex over next 5 years"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/10675?pdf=10675\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img src=\"https:\/\/newprojectstracker.com\/blog\/wp-content\/uploads\/2021\/11\/Hindalco.jpg\" \/><\/p>\n<p>Chairman of <a href=\"http:\/\/www.hindalco.com\/\">Hindalco Industries<\/a> Kumar Mangalam Birla said that over the next five years, the business plans to invest roughly USD 8 billion in India and its subsidiary Novelis. Novelis has identified 4.5 billion USD worth of possible investment opportunities. Speaking at the Hindalco AGM was Birla.<\/p>\n<p>He said that the business has discovered approximately $3 billion in possible investment prospects in India.<\/p>\n<p>Birla further said that 70 per cent of the company&#8217;s consolidated cash flows will be allocated towards high-growth downstream segments , including EVs, mobility, batteries and Consumer durables.<\/p>\n<p>&#8220;On the back of solid financial performance and a strong balance sheet, your company is well-positioned to drive a new wave of transformational growth fuelled by organic expansion.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report Chairman of Hindalco Industries Kumar Mangalam Birla said that over the next five years, the business plans to invest roughly USD 8 billion in India and its subsidiary Novelis. Novelis&#8230; <\/p>\n","protected":false},"author":1,"featured_media":2548,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[817],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2021\/11\/Hindalco.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/10675"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=10675"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/10675\/revisions"}],"predecessor-version":[{"id":10676,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/10675\/revisions\/10676"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/2548"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=10675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=10675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=10675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}