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Saurabh Tyagi--Clovek,Advisory

28th Aug · SEBI-Registered Analyst

HINDALCO
to build iPhone chassis unit in Andhra Pradesh

HINDALCO
is investing ₹586 crore to establish an aluminium extrusion facility in Kuppam, Andhra Pradesh, aiming to supply Apple's iPhone chassis. This initiative, expected to create 613 jobs, aligns with Andhra Pradesh's strategy to become an iPhone manufacturing hub, leveraging its proximity to Bengaluru and Chennai. The project will be approved under the AP Electronics Component Manufacturing Policy 2025-30.

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