Hindalco Industries is palnning to build a recycling and segregation plant for its aluminium and copper businesses in at an estimated cost of INR 3,000 crore. Hindalco's Managing Director Mr Satish Pai told BQ Prime “We are evaluating locations in Gujarat for the project. As per initial estimates, it will require an investment of INRs 3,000 crore. The project will feature a segregation unit and a smelter with a capacity of 100,000 tonnes.”Mr Pai also mentioned that just like the United States, the Indian government has also started focusing on waste collection and segregation, which will help execute the business.
Hindalco Industries is palnning to build a recycling and segregation plant for its aluminium and copper businesses in at an estimated cost of INR 3,000 crore. Hindalco's Managing Director Mr Satish Pai told BQ Prime “We are evaluating locations in Gujarat for the project. As per initial estimates, it will require an investment of INRs 3,000 crore. The project will feature a segregation unit and a smelter with a capacity of 100,000 tonnes.”Mr Pai also mentioned that just like the United States, the Indian government has also started focusing on waste collection and segregation, which will help execute the business.
