India's Adani Group and Abu Dhabi's International Holdings Company (IHC) signed a $11.5 billion agreement for aluminum refining and support infrastructure in the Indian state of Odisha, according to reports from Arab world media. The deal is described as one of the largest global investments in the aluminum industry.
The Indian conglomerate Adani Group and Abu Dhabi's International Holdings Company (IHC) have signed a joint venture agreement to develop an aluminum refining complex and supporting infrastructure in the eastern Indian state of Odisha. The deal is valued at $11.5 billion, according to reports from Arab world media outlet '301 — The Arab World on Telegram,' citing the signing. The venture is described as one of the largest single investments globally in the aluminum sector. No further details on timelines, capacity, or specific project phases have been disclosed.
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