Hindustan Copper is all set to invest Rs1000 crore in Jharkhand towards capacity expansion. The statement was made by KD Diwan, Chairman-cum-Managing Director (CMD) of Hindustan Copper on July 5 at a conference in Ranchi.
“We have a capacity expansion plans at an estimated cost of Rs3500 crore out of which Rs1000 crore would be spent in Jharkhand,” said Diwan.
Honchos of as many as six behemoths in minerals & metals sector congregated at an International Conference on Non-ferrous Minerals & Metals held in Ranchi on July 5 to discuss India’s strength, shortcomings, domestic industry, demand, supply and growth factors. Senior officials of- HINDAlCO, Uranium Corporation of India, Hindustan Copper, Mecon and National Aluminium Company ltd shared experiences of global industry scenario vis-à-vis the industry in India, shift in demands from west to east, crunch of raw materials and its cascading effect on overall domestic & international demand of non-ferrous minerals & metals.