· Manufacturing & Investment · Source: thehindubusinessline.com

Adani Group, UAE's IHC plan $11.5 billion aluminium project in Odisha

Why it matters

Why it matters for greenfield investors: Adani Group, UAE's IHC plan $11.5 billion aluminium project in Odisha. This is a South India industrial signal. The Insights briefing below is the owned analysis; talk to Bucephalus if you are evaluating a similar plant, park, or policy window.

Adani Group and Abu Dhabi’s International Holding Company (IHC) will jointly develop an integrated aluminium project in Odisha with an estimated investment of $11.5 billion. The venture will include a refinery, smelter, captive power plant, and downstream aluminium manufacturing park. The project aims to boost domestic aluminium production, support growing industrial demand, and reduce India’s dependence on imports of value-added metal products.

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Bucephalus analysis

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