India Foils, one of the largest producers of aluminium foil in Asia, has undergone a change in management twice, first under the B M Khaitan group and again in 2008 when Malco, part of the Vedanta group, sold the company to Ess Dee Aluminium.
Ess Dee revived the Kamarhati plant in 2008 and now Hoera. The combined rolling capacity of the two units is 19kt.
This is just the first phase for Hoera. Another round of expansion is in the wings.
The company is exploring possibilities to set up another manufacturing facility on the site which will double the capacity.