Hindalco Industries has identified the fiscal year 2026-27 (FY27) as a critical period for Novelis, its aluminium rolling and recycling subsidiary. The company plans to ramp up Novelis' production capacity to reduce dependence on copper imports, aligning with broader goals of operational efficiency and supply chain optimization. This expansion reflects Hindalco's commitment to strengthening its position in the aluminium sector while addressing import challenges. The capacity increase is expected to support Novelis' growth and contribute to the company's long-term strategic objectives within the Indian market context. Company plans to ramp up capacity to cut copper imports. The update was published on 25 May 2026, 7:37 pm.