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Bharat Aluminium Company Limited (BALCO)

Aluminium Sadan, Core - 6, Scope Office Complex, Lodi Road, New Delhi - 110003

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BALCO celebrates International Family Day with ‘Proud Families’

20th May 2023

Balconagar; 20th May 2023: Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer and a subsidiary of Vedanta Aluminium, created a truly memorable experience for its employees and their families on International Family Day this year, by organizing plant visits for the family members of the employees. The visits not only showcased the processes of aluminium manufacturing to the parents but also added to their pride by leaving a lasting impression and further strengthening their bond with the company.

BALCO, under the ‘Proud Families’ initiative had provided a comprehensive schedule to all the visiting families that covered an understanding of the crucial functions of the company. From parents to siblings and spouses, the participating family members indulged in an overall understanding of plant operations over the well-guided trip that also included discussions with the plant representatives. Keeping the standards of safety intact at every level, the families were given an extraordinary opportunity to witness the entire journey of aluminium production, starting from pot rooms to power plants and the Finishing Line Areas (Casthouses). They had also witnessed the transformation of aluminium into a multitude of end products that serve vital purposes across various industries.

The visits were concluded with an enriching experience at BALCO Museum and Learning Centre, a rich repository of BALCO’s heritage where the families were introduced to the fascinating legacy of BALCO. Here, the families spent time learning about BALCO-  independent India’s first Public Sector Undertaking (PSU), and its contribution to the industrial progress of the nation. More than 80 people had a joyful experience from the family visits spread over a week.

Speaking about the importance of employee well-being and fostering a nurturing workplace, Mr. Rajesh Kumar, CEO, and Director, BALCO said, “Families play a pivotal role in the lives of employees, providing them with a strong support system and contributing to their performance and success. At BALCO, we understand this and work towards creating a healthy work-life balance for the overall happiness and well-being of our employees. We are committed to fostering a happy and healthy work culture for realizing the truest potential of our employees, crucial for their holistic growth and success.”

BALCO prioritizes the well-being of employees’ families by providing a diverse range of family-friendly benefits. Through the innovative ‘Spouse hiring policy’, BALCO offers deserving and experienced spouses, opportunities to join the company’s workforce. The company also ensures that the health needs of employees’ family members are taken care of through comprehensive medical coverage. BALCO facilitates a comfortable living environment within its township, with easy accessibility to schools, parks, hospitals, and grocery stores in the vicinity which, ensures that families have all the essential amenities. Additionally, the company also provides opportunities for families to socialize and have an engaging lifestyle by organizing vibrant events and celebrating all major festivals.

BALCO is committed to transforming the workplace by embracing internationally recognized best practices in people management. The company takes continuous measures for fostering a diverse and inclusive work culture, distinguishing itself as an organization that actively supports LGBTQIA+ employees in core operations. Through new-age learning & growth opportunities, the company is working towards creating a strong platform to empower the employees. In the past, BALCO has also been recognized with awards such as Arogya World Healthy Workplace Award – 2022 and Great Place to Work in 2023 for their benchmarked people practices.

About BALCO:

Bharat Aluminium Company (BALCO) is a subsidiary of Vedanta Limited, operating a 0.57 million tonne per annum aluminium smelter in Korba, Chhattisgarh. It is part of Vedanta’s Aluminium Business, a division of Vedanta Limited, which is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium, i.e., 2.42 million tonnes in FY25. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the S&P Global Corporate Sustainability Assessment 2024 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow. For more information, please log on to www.balcoindia.com

For more information, please contact:

Shuchi Mishra
Head – PR & Communications,BALCO
Shuchi.Mishra@vedanta.co.in

Disclaimer:

This press release contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

About Vedanta Limited:

Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa, Namibia, and Australia. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta's strategy, with a strong focus on health, safety, and environment. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. Under the aegis of Vedanta Cares, the flagship social impact program, Nand Ghars have been set up as model anganwadis focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. Vedanta and its group companies have been featured in Dow Jones Sustainability Index 2020, and were conferred Frost & Sullivan Sustainability Awards 2020, CII Environmental Best Practices Award 2020, CSR Health Impact Award 2020, CII National Award 2020 for Excellence in Water Management, CII Digital Transformation Award 2020, ICSI National Award 2020 for excellence in Corporate Governance, People First HR Excellence Award 2020, ‘Company with Great Managers 2020’ by People Business and certified as a Great Place to Work 2021. Vedanta’s flagship Nand Ghar Project was identified as best CSR project by the Government of Rajasthan. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.

For more information, please visit www.vedantalimited.com

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