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Hindalco, India to allocate USD 3+ billion capex investment in EV and E-mobility

In Its annual report for FY 2021-22, Hindalco Industries announced a total capital expenditure of about USD 8 billion over the next five years which is planning for organic growth by expanding the downstream business in Novelis and India. The company has announced plans for a Capex investment of around USD 3-3.3 bill....

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