VERIFIEDET Finance·6 Jul 2026neutral

Adani storms Hindalco-Vedanta duopoly with Rs 1.1 lakh crore gambit

AI Summary

·Adani has entered into an aluminium joint venture with IHC valued at $11.5 billion.
·This venture represents Adani's largest investment in India's industrial sector.
·The company aims to capitalize on rising aluminium demand from manufacturing, renewable energy, and infrastructure sectors.