The Aditya Birla Group has announced plans to invest $20 billion, focusing primarily on expanding its manufacturing capabilities. This was disclosed by Kumar Mangalam Birla during the Hindustan Times Leadership Summit, where he outlined the group’s strategic goals.
A significant portion of the investment will be directed towards the group’s cement business, with plans to increase production capacity from 100 million tonnes to 150 million tonnes within five years and to 200 million tonnes over the next decade.
The company also highlighted its $6 billion acquisition of Novelis by Hindalco as a key step in achieving scale in the metals sector, describing the move as part of its long-term strategy to balance short- and long-cycle business investments.
In addition to manufacturing, the group aims to grow its consumer-oriented businesses, including fashion retail and financial services, leveraging market opportunities and enhancing competitiveness. Birla noted that scale remains critical unless a business operates in a niche market with high-margin innovations.
The Aditya Birla Group operates across a diverse portfolio of industries, including metals, cement, textiles, chemicals, financial services, telecom, and renewable energy, with a presence in over 36 countries.