Mumbai: Vedanta Ltd, a company that has significant presence in Odisha, plans to infuse Rs 13,226 crore in its operations to ramp up its aluminium capacity to 3.1 million tonnes per annum (MTPA) by 2027-28, it has been reported.

Vedanta’s current capacity is 2.4 MTPA. ADVERTISEMENT

According to reports, the company is anchoring aluminium at the centre of its growth strategy. The most consumed metal in the world after steel, aluminium is becoming increasingly critical to electric mobility, renewable energy, urban infrastructure, and aerospace.

The leading aluminium producer in India is Vedanta, with a market share of over 50 per cent. The company is set to ensure aluminium remains the single biggest contributor to its target of 8-10 billion dollar EBITDA at group level by FY28, as per i

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