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AL CIRCLE

Hindalco hosts workshop focusing on opportunities for MSMEs in the downstream aluminium sector

EDITED BY : 2MINS READ

Hindalco, a flagship company of the Aditya Birla Group, hosted a workshop titled "Manufacturing Opportunities for MSMEs in the Downstream Aluminium Industry" on Tuesday at the Utkal Chamber of Commerce and Industry Ltd. (UCCIL) conference hall. Organised in collaboration with the Confederation of Indian Industry (CII) and UCCIL, the workshop highlighted Odisha's emerging status as a global hub for aluminium manufacturing.

Hindalco hosts workshop focusing on opportunities for MSMEs in the downstream aluminium sector

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"MSMEs require the security of raw materials, technological support, operational efficiency, financial backing, and effective marketing to complete the value chain. The large aluminium downstream industries can provide these critical elements, enabling MSMEs to thrive," stated Hindalco advisor Bibhu Mishra

About the workshop

In his inaugural address, Shashi Sekhar Mohanty, CEO of Essar Minnet Ltd., underscored the crucial role of MSMEs in the aluminium industry's value chain. Regarding the theme, Hindalco advisor Bibhu Mishra highlighted the company's substantial presence in Odisha and its influence on various sectors.

The workshop was graced by the presence of distinguished individuals such as SNM Group Chairman Pradipta Mohanty, renowned for his contributions to the aluminium industry, IIMT Director Dr. Ramanuj Narayan, a leading authority in the field, and UCCIL Vice President Sanjeeb Mohapatra, a key figure in the industry. They collectively underscored the pivotal role of MSMEs in fostering innovation, employment, and regional economic development within the downstream aluminium sector.

"Aluminium's high strength-to-weight ratio, conductivity, and non-corrosive nature make it ideal for numerous applications. A supportive fabrication ecosystem will enable India to harness its manufacturing potential and foster Odisha's growth. Hindalco is committed to nurturing this mutually beneficial opportunity. The proliferation of aluminium applications will drive employment, social upliftment, and green, sustainable economic development due to aluminium's infinite recyclability," said Hindalco joint president Sagar Dhamorikar

Odisha's strategic location and abundant natural resources make it a key player in the global aluminium industry. The state's emphasis on developing the downstream aluminium sector offers extensive opportunities for MSMEs, which play a crucial role in the supply chain and regional economic growth. The workshop allowed industry leaders and MSMEs to explore collaboration opportunities, furthering the state's vision of becoming a manufacturing powerhouse.

“Hindalco, a global leader in aluminium, produces downstream products that serve as inputs for diverse end products, from food packaging to battery enclosures. The market for these innovative products is expanding, offering substantial growth opportunities for Odisha-based businesses,” added Mishra.

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EDITED BY : 2MINS READ

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