MUMBAI Feb 8 India's Hindalco Industries
expects production to start at its Utkal and Mahan
plants by April, Managing Director Debu Bhattacharya told
reporters after announcing December quarter results on Friday.
The aluminium and copper producer, part of the diversified
Aditya Birla Group, is setting up an alumina plant at Utkal,
which will feed the Mahan plant, which will manufacture
Hindalco is in the midst of trebling aluminium capacity to
1.9 million tonnes by 2013 at a cost of about $5 billion.
Earlier on Friday, Hindalco beat estimates with quarterly
net profit of 4.3 billion rupees ($80 million) for its Indian
operations, down 4 percent from a year earlier. Net sales rose 3
percent to 67.9 billion rupees..
(Reporting by Prashant Mehra; Editing by Anand Basu)