Which Indian conglomerate owns Novelis, one of the world’s largest aluminium rolling and recycling companies?
Which Indian conglomerate owns Novelis, one of the world’s largest aluminium rolling and recycling companies?
Solution
Novelis is a wholly owned subsidiary of Hindalco Industries, the metals company of the Aditya Birla Group. Novelis is a major global producer and recycler of flat-rolled aluminium.
Option 1: Tata Group's main metals company is Tata Steel, a major global steel producer.
Option 3: JSW Group's flagship metals business is JSW Steel; the group also has JSW Cement, JSW Energy and other businesses.
Option 4: Vedanta's aluminium business includes its large Odisha operations and BALCO, in which Vedanta holds a controlling stake.
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