Hindalco Business and Capacity Changes in 2023:

(1) 3.4 million tons of aluminum extrusion capacity will be put into production in the first quarter of FY2023-24 in Silvassa;

(2) Utkal Alumina will expand its aluminum oxide capacity to 3.5 million tons, and the total capacity will reach 2.6 million tons after completion in FY2023-24;

(3) Novelis has signed a long-term agreement to supply aluminum beverage cans to Coca-Cola.