Indian Aluminium Company (Indal), a member of Aditya Birla Group is a wholly owned subsidiary of Hindalco Industries.
Indal is a vertically integrated aluminium company through all stages of the aluminium business - from bauxite mining, alumina refining, power generation, aluminium smelting , to semifabricated products of sheet, foil and extrusions as well as aluminium scrap recycling.
Indal incorporated in Dec.'38 turned public in March 1945 and the company came into the fold of Aditya Birla Group with the divestment of its entire stake(54.62%) in Indal by Alcan Aluminium in favour of AV Birla Group Company Hindalco Industries. Subsequent to this the AV Birla Group has acquired another 20% stake from public through an open offer. With this the AV Birla Group holding in Indal increased to over 90% and the combany has also became the subsidiary of Hindalco Industries. Indal has also merged its subsidiary Annapurna Foils with itself during the year 2002-03.
Indal is a market leader in speciality aluminas and alumina hydrates in India. Indal's product range of alumina and aluminium semifabs are exported to more than 30 countries. The company has received Special Export Award by CAPEXIL for its excellent performance in the export of processed minerals. The company is following a export led growth stragegy that focuses on widening the existing export base by tapping new market and reaching out to global customers.
Increasing volumes of high value added products like air-conditioner finstock and spiral finstock to customers in South East Asia, Middle East and Europe and the company has successfully penetrated into the new markets of Egypt,Italy, Saudi Arabia and the USA.
Indal has secured the ISO 9000 quality certification for its smelters and power plant at Hirakud (Orissa), Sheet mill at Belur (West Bengal), smelter and extrusion plant at Alupuram (Kerala), R&D Centre at Belgaum (Karnataka), sheet plant at Taloja and foil plant at Kalwa in Maharashtra. Indal's power plant at Hirakud and the mines at Durgmanwadi have recieved BS 7750 environment management certification. The printed circuit board of Indal Electronics Ltd has received both ISO 9000 and BS 7750 certification.
Indal has completed the Taloja mill upgrdation in time and within cost while the doubling of Hirakud Smelter Capacity is well on track and the commissioning of Pots will begin by the second quarter of 2002-03 and the completion is expected by end of 2002-03.
The company which has acquired controlling stake in Annapurna Foils Ltd(AFL) during 2001-02 has subsequently moved an application for the merger of AFL with itself. The company has also picked 51% stake in Suvas Holdings Pvt Ltd for setting up Hydel Power Plants in Maharashtra.