India’s largest aluminium producer targets 60
LTPA capacity, expands low-carbon portfolio and deepens global market presence
THEBUSINESSBYTES BUREAU
MUMBAI, JUNE 22, 2026
Vedanta Aluminium Metal Limited has officially commenced
trading as an independent listed entity on the National Stock Exchange (NSE)
and Bombay Stock Exchange (BSE) from June 15, 2026, following the successful
completion of the Vedanta Group’s landmark demerger, which became effective on
May 1, 2026. The listing marks a defining milestone in the company’s growth
journey, creating a focused, pure-play aluminium business with enhanced
strategic flexibility, stronger growth visibility, and a sharpened focus on
value creation.
Entering this new phase as India’s largest aluminium producer
and one of the world’s leading integrated aluminium companies, Vedanta
Aluminium is poised to strengthen its global leadership position. The company
contributes nearly 50 per cent of India’s aluminium production and serves
customers across more than 60 countries. Backed by a vision to double its
production capacity to 60 lakh tonnes per annum (LTPA), the company is
leveraging deep backward integration and structural cost advantages to emerge
among the world’s lowest-cost aluminium producers while meeting rising global
demand from infrastructure, automotive, electrification, aerospace, and
advanced manufacturing sectors.
Commenting on the significance of the demerger, Rajesh Kumar,
CEO, Vedanta Aluminium, said, “Becoming an independent listed entity marks a
significant milestone in the evolution of Vedanta Aluminium, accelerating our
vision of building the leading metals company dedicated to unlocking the full
potential of aluminium, the metal of the future. Our focus is on creating a
resilient, technology-driven and cost-efficient business aligned with the needs
of a rapidly transforming world. With aluminium at the core of the global
energy transition and cutting-edge innovation, we are exceptionally well
positioned to deliver long-term value while contributing to India’s emergence
as a manufacturing powerhouse.”
Vedanta Aluminium is already positioned within the first
quartile of the global aluminium cost curve and is progressing towards
first-decile cost competitiveness through deeper backward integration, captive
raw material sourcing, operational efficiencies, and scale advantages. The
company operates one of the world’s largest alumina refineries at Lanjigarh and
one of the world’s largest aluminium smelters at Jharsuguda in Odisha, along
with Bharat Aluminium Company Limited (BALCO) at Korba in Chhattisgarh, one of
India’s most iconic aluminium producers. Its operations are further supported
by captive bauxite and coal resources and nearly 4.5 GW of captive power generation
capacity, complemented by an expanding downstream manufacturing ecosystem.
Vedanta Aluminium offers one of the most diverse aluminium
product portfolios in the global industry through Vedanta Metal Bazaar, the
world’s largest online superstore for primary aluminium. The company continues
to expand its value-added product range, including billets, wire rods, primary
foundry alloys, rolled products, and aluminium-silicon products catering to
electric vehicles, aerospace, defence, renewable energy, and advanced
manufacturing sectors. Over time, value-added products are expected to account
for nearly 90 per cent of its portfolio.
The company continues to strengthen its ESG and
sustainability credentials and has consistently been ranked among the world’s
top aluminium companies in the annual S&P Global Corporate Sustainability
Assessment (CSA). It is also expanding its product offerings under Restora,
India’s first low-carbon aluminium range, in response to growing global demand
for sustainable aluminium and decarbonised supply chains.
Other sustainability initiatives include greater integration
of renewable energy, digitalisation and energy-efficiency programmes, circular
economy initiatives, water conservation measures, biodiversity management, and
future recycling opportunities that leverage aluminium’s infinite
recyclability.
Vedanta Aluminium is also playing a pivotal role in
developing India’s downstream aluminium ecosystem through the Vedanta Aluminium
Park initiative in partnership with the Odisha government. The project will
enable MSMEs and downstream manufacturers to establish facilities close to the
company’s operations and benefit from direct access to ‘hot metal’ supply. This
is expected to reduce logistics costs, minimise remelting losses and energy
consumption, while promoting value addition, entrepreneurship, and employment
generation in the region.
Beyond business growth, the company continues to invest in
community development programmes focused on education, healthcare, women’s
empowerment, and sustainable livelihoods across its operational regions.
The Board of Vedanta Aluminium Metal Limited comprises Anil
Agarwal as Non-Executive Chairman; Akarsh K. Hebbar as Non-Executive
Vice-Chairman; Rajesh Kumar as Whole-Time Director and Chief Executive Officer;
and Independent Directors Dindayal Jalan, T.K. Chand, and Mona Sharma.
The Vedanta Group’s demerger aims to unlock value by creating
five independent, sector-focused businesses aligned with global benchmarks.
These include Vedanta Aluminium as the “Metal of the Future” business; Vedanta
Oil & Gas as India’s leading private upstream player; Vedanta Iron &
Steel as a future-ready steel business; Vedanta Power as one of India’s
fastest-scaling energy companies; and Vedanta Limited, which will retain its
strong presence in zinc, copper, nickel, and critical minerals.
Vedanta Aluminium’s long-term growth strategy remains
anchored in its purpose of “Giving Form to the Future.”