Hindalco acquired a majority stake in Indal, another Indian aluminum manufacturer, for several strategic reasons: 1) Indal's aluminum production and downstream aluminum product business added to Hindalco's portfolio and boosted its export potential. 2) The merger created an aluminum powerhouse with combined revenues of nearly Rs. 6000 crore and profits of over Rs. 1500 crore. 3) Hindalco lacked sufficient alumina and downstream aluminum capacity, which Indal provided through its integrated aluminum operations from bauxite mining to product manufacturing.