Hindalco Ryker Base Acquisition Strengthens Copper Business
Hindalco Industries Ltd., the metals flagship of the Aditya Birla Group, has agreed to acquire Ryker Base Pvt. Ltd. (RBPL), a subsidiary of Polycab India Ltd. The Hindalco Ryker Base acquisition supports Hindalco’s strategy to expand its copper value chain and serve India’s accelerating demand for high-quality copper rod.
The deal values Ryker Base at about ₹323 crore (roughly US$46.8 million).
How the Hindalco Ryker Base Acquisition Adds Capacity
Hindalco already operates one of the world’s largest single-location custom copper smelters at Dahej in Gujarat, with 345,000 mtpy of copper rod capacity. With the Hindalco Ryker Base acquisition, the company adds another modern copper rod plant and, therefore, significantly lifts total output.
This extra capacity helps Hindalco supply the growing electrical and electronics sectors, including power cables, building wires, motors and consumer devices.
Ryker Base Plant Technology and Capabilities
Ryker Base’s plant in Waghodia, Gujarat, uses a gas-controlled shaft furnace and a modular Hazelett twin-belt caster. The casting line feeds a caster station and a rolling mill with 12 individually driven roll stands. Downstream equipment includes a cooling section, coiler and automated handling for compacting, strapping and packing finished wire rod coils.
The facility offers a casting capacity of 35 t/h and an annual installed production capacity of about 225,000 mtpy of copper wire rod.
Supporting India’s Electrification and ESG Goals
“Hindalco’s copper is a vital input to India’s accelerating journey on electrification, urbanization, renewables and e-mobility,” said Hindalco Industries Managing Director Satish Pai. He explained that Hindalco is expanding capacity to meet the needs of both the nation and industry. He also noted that the Waghodia plant aligns well with Hindalco’s environmental, social and governance (ESG) strategy.
The Hindalco Ryker Base acquisition therefore supports cleaner, more efficient copper production for India’s next wave of infrastructure and clean energy projects.
Advancing Hindalco’s Downstream Strategy
The transaction also advances Hindalco’s broader downstream growth plan. The company has already announced new projects, including an aluminum extrusion facility in Silvassa and a flat-rolled products plant in Hirakud.
“The Ryker deal will further enrich our portfolio of downstream products,” Pai said, underscoring Hindalco’s aim to move higher up the value chain with more finished and semi-finished metal products.
