Satish Pai

At COP28, the aluminium industry has committed to greenhouse gas reduction. Satish Pai, Managing Director of Hindalco Industries and also the Chair, International Aluminium Institute talks exclusively to Moneycontrol’s Rachita Prasad on this initiative. He also shares how Hindalco doesn't expect to revise its $4.4 billion capex and the company is well positioned to invest even during a commodity cycle downturn. He sees Hindaclo’s arm Novelis financial result improving progressively with every quarter. Watch!

Imports may rise if Chinese economy remains weak, says Hindalco MD Satish Pai

Aluminium prices are going to remain between the $2100 and $2300 range largely because of uncertainty of the Chinese economy, said Satish Pai, MD of Hindalco Industries

Expect cost pressures to ease from H2FY23: Hindalco MD

Hindalco, one of the largest aluminum companies in the world, expects the September quarter to be the worst in terms of cost of production, which is expected to show mid-teens growth.

Indian aluminium makers to not cut down on capacities like global peers: Hindalco MD

“We are seeing enough demand in India, approximately 8-9 percent rise in the ongoing financial year. We just can’t shut down capacities. Would like to watch out for LME prices for more than a year to initiate any such supply-related adjustment,” said Hindalco's Managing Director Satish Pai.

Expect next year's growth to be a good 7-8%: Hindalco

At the side-lines of CNBC-TV18 Global Natural Resources Conclave in Delhi, Manisha Gupta caught up with Satish Pai, MD of Hindalco Industries and asked him about next year's growth target.

Metals and mines: A perspective on employment

Satish Pai, MD, Hindalco is optimistic that mining along with metal production with the focus of on the downstream sector will be able a huge employment generator for the country.

Challenges for India’s mining industry

Despite being well endowed with natural resources, a huge amount of minerals is imported into the country, which Satish Pai, MD, Hindalco feels is the biggest challenge facing the mining industry.

How is the Indian mining sector poised to grow?

Satish Pai, MD, Hindalco says that due to initiatives like Make in India and Smart Cities providing impetus to macroeconomic growth, consumption of metals and minerals will go up, and will allow the Indian mining sector to register strong growth.

Aluminium sector needs help to take on foreign cos: Hindalco

Aluminium major Hindalco today sought government support to enable the domestic industry to take on what it called "foreign economic invasion" and urged it to encourage new investments.