Tqm @ Hindalco

Only available on StudyMode
  • Topic: Aditya Birla Group, Aluminium, Electrolysis
  • Pages : 7 (1722 words )
  • Download(s) : 70
  • Published : April 9, 2013
Open Document
Text Preview
| 2013|
| SDM IMD
|

[SSLM Group Assignment: Hindalco Industries]|
Submitted By
Karan Dave
Abhishek Pal
Rishi Gandhi
Sourdeep Basu
Vamsi Krishna
Harsh Singh
Submitted By
Karan Dave
Abhishek Pal
Rishi Gandhi
Sourdeep Basu
Vamsi Krishna
Harsh Singh
|

Contents
Introduction1
History1
HINDALCO & ITS SUBSIDIARIES/JVs2
Products & services offered2
Key Financials3
Awards and Significant Achievements5
Stock movement during the span of 2000-20137
Lessons & Key Takeaways7
Bibliography8

Introduction
Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, is an industry leader in aluminium and copper. A metals powerhouse with a consolidated turnover of US$ 15.85 billion, Hindalco is the world's largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia. Its Copper smelter is the world's largest custom smelter at a single location. Hindalco is having presence in more than 12 countries. The acquisition of Novelis Inc. in 2007 positioned us among the top five aluminium majors worldwide and the largest vertically integrated aluminium company in India. Today we are a metals powerhouse with high-end rolling capabilities and a global footprint in 13 countries. Our consolidated turnover of USD 15.85 billion (Rs. 72,078 crore) places us in the Fortune 500 league (Hindalco, 2013) History

The Company was incorporated on 15th December 1958, at Mumbai to manufacture alumina, aluminium and aluminium fabricated items. The Company was formed by the house of Birla’s in collaboration with the Kaiser Organization of U.S.A. According to the Company's agreement with Kaiser Aluminium and Chemical Corporation, the Collaborators agreed to allot to the Collaborators 4,80,000 fully paid-up equity shares of Rs 10 each. An agreement was also entered into with Henry J. Kaiser Company for such design, engineering procurement and related services with regard to the construction of the plant at Rihand as were to be performed outside India and with Kaiser Engineers Overseas Corporation for such services to be rendered

The Hindustan Aluminum Corporation Limited was established in 1958 by the Aditya Birla Group. In 1962 the company began production in Renukoot in UP making 20,000 million metric tons per year of aluminum metal and 40,000 million metric tons per year of alumina. Later acquisitions and mergers, with Indal, Birla Copper and the Nifty and Mt.Gordon copper mines in Australia, strengthened the company's position in value-added alumina, aluminium and copper.Products, with vertical integration through access to captive copper concentrates. In 1989 the company was restructured and renamed Hindalco. (Hindalco, 2013)

HINDALCO & ITS SUBSIDIARIES/JVs

Hindalco Industries Limited: Aluminium, Copper Subsidiaries
• Novelis Inc., Canada: Aluminium Rolled Products| • Aditya Birla Chemicals (India) Limited: Caustic Soda, Liquid Chlorine, Hydrochloric Acid| • Aditya Birla Minerals Limited: Copper Mining| • Hindalco-Almex Aerospace Limited: Aerospace Alloy| • Utkal Alumina International Limited: Alumina|

• Dahej Harbor & Infrastructure Limited: Handling of Captive Cargo (Copper Unit) and| Commercial Cargo
• Novelis (India) InfoTech Ltd.: Information Technology Services| • Tubed Coal Mines Ltd.: Mining| Joint Ventures
• Mahan Coal Limited: Mining| Products & services offered

Aluminium
 Our aluminium units across the globe encompass the entire gamut of operations, from bauxite mining, alumina refining and aluminium smelting to downstream rolling, extrusions, foils, along with captive power plants and coal mines. Hindalco's major products include standard and...
tracking img