Aditya Birla Group poised to benefit from Trump's America First policies

The Aditya Birla Group, led by Kumar Mangalam Birla, is expected to benefit from the policies of US President-elect Donald Trump, according to analysts.

The conglomerate, which has a significant presence in the United States, particularly through its aluminium business Novelis, could gain from potential tax cuts and import tariffs that may give it a competitive advantage in the market.

The group entered the US market in 2007 with the acquisition of Novelis Inc for $6 billion and is now considering further investments, such as a proposed $4.1 billion recycling and rolling plant in Alabama. This potential expansion demonstrates the group's confidence in the US economy, despite concerns about trade barriers and tariffs.

Novelis is a leading supplier of flat-rolled aluminium, serving industries such as food and beverage, automotive, and air conditioning.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings