Hindalco Industries
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Hindalco Industries Limited | |
Type | Public |
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Founded | 1962 |
Headquarters | Mumbai, India |
Key people | Kumar Mangalam Birla (Chairman) |
Industry | Metals |
Products | Aluminium and Copper |
Revenue | Rs. 9,523 crore (2005) |
Employees | 13,675 |
Parent | Aditya Birla Group |
Website | www.hindalco.com |
Hindalco Industries is one of India's largest material-related company and is a subsidiary of the Aditya Birla Group. It is run by one of the world's youngest billionaires, Mr. K.M. Birla.
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[edit] Financial Information
The company has annual sales of $ 2.19 billion and employs 13,675 people. It has a total market value U$2.96 billion and is listed on Forbes 2000.
[edit] Novelis Takeover
On February 11, 2007, the company acquired the Canadian company Novelis for U$6 billion, making the combined entity the world's largest rolled-aluminium producer.
[edit] Forbes Ranking
Hindalco is listed on the Forbes Global 2000 at the position 1821 [1].