Celebrating Two Years: Jindal Aluminium’s INR 400 Crore Investment Spurs Growth, Creates More Than 1000 Jobs

0
39
Business Wire India

  • The turnaround of the INR 100 crore acquired plant with another investment of INR 300 crore after acquisition has led to employment generation at different stages
  • The plant is now producing 26400 TPA of engineered Aluminium and is expected to grow up to 60000 TPA
  • The 1.02 L sq. m plant has boosted Jindal Aluminium’s extrusion production capacity by 40%
Jindal Aluminium Limited, the largest producer of aluminium extruded products in India, has completed two years since the commencement of its Bhiwadi operations. The company concluded an INR 100 crore acquisition of Indo Alusys Industries Limited Bhiwadi assets and announced the successful commencement of production in January 2022.
 
Over the last two years, Jindal Aluminium has transformed the 1,02,000 sq m campus into a state-of-the-art manufacturing facility with another investment of approximately INR 300 crores. It utilizes cutting-edge production techniques to ensure efficiency and precision throughout its operations.
 
This valuable acquisition has increased the company’s total extrusion capacity by 40% to 1,50,000 TPA. Commencing the newly acquired plant’s production at 500 tonnes per month, the company has managed an impressive turnaround of this unit, now producing 2500 tonnes of engineered Aluminium per month at Bhiwadi. It has significantly enhanced the plant’s operations by adding a new foundry, extrusion presses, heat treatment, and surface treatment facilities, including anodizing and powder-coating. It has undertaken multiple other infrastructure developments to service its customers, employees, and the local ecosystem.
 
Commemorating the milestone, Mr. Pragun Jindal Khaitan, Vice Chairman and Managing Director of Jindal Aluminium Ltd., said, “As the demand for engineered aluminium products continues to rise, this significant expansion aligns with our core strength of catering to the evolving market demands consistently. With a steadfast focus on innovation, sustainability and quality, we are committed to contributing to the thriving economy and local community, shaping the future of the aluminium downstream industry in India.”
 
Jindal Aluminium has significantly impacted the employment landscape by generating over 1000 jobs through its Bhiwadi facility by different means. Moreover, the company remains committed to upholding its environmental and social responsibilities. The Bhiwadi facility is working towards achieving ‘Zero Water Discharge’ by implementing advanced wastewater treatment technologies. The company endeavours to create a conducive and nurturing work environment by offering various amenities, including food, accommodation, and recreational centres. Through continuous innovation and sustainable practices, the company strives to build a brighter and more prosperous future for its employees and the communities it serves.