Hindalco’s arm Novelis to invest $ 218 mn in Chinese facility

Novelis, a subsidiary of Hindalco Industries Limited (a flagship company of the Aditya Birla Group), will set up a $218-million facility in China to expand production capacity of premium automobile aluminum sheets by 100,000 tonnes. Once construction of the new facility is completed, Novelis’ total investment to date in Changzhou National Hi-Tech District will exceed $ 400 million. Novelis (China), the Indian firm’s first automotive aluminum sheet manufacturing facility in China, was established in Changzhou National Hi-Tech District in June 2012. It is also the country’s first manufacturing base for premium automobile aluminum sheet. Novelis (China), a leader in automotive body and structural parts engineering in China, produces sheet that is mainly used in vehicle engine hoods, rear baffles, fenders, doors, roofs, chassis and structural parts. Current Novelis auto sheet customers include many international brands, among them, Audi, BMW, Ford, GM, Hyundai, Jaguar, Mercedes-Benz and Peugeot Citroen, as well as Chinese brands BAIC, BYD, Great Wall and SAIC.