Hindustan Copper Limited (HCL) was incorporated in the year _________.

Question

Question

This question was previously asked in

SSC CGL 2023 Tier-I Official Paper (Held On: 19 Jul 2023 Shift 4)

Answer 1

The correct answer is 1967.

Key Points

Hindustan Copper Limited (HCL) was incorporated on November 9, 1967.
It is a public sector undertaking under the administrative control of the Ministry of Mines, Government of India.
HCL is involved in exploration, mining, beneficiation, smelting, refining and casting of refined copper metal. It is India's only vertically integrated copper producer and is involved in a wide spectrum of activities in the metal sector.
HCL's mines and plants are spread across four operating units, namely: Khetri Copper Complex in Rajasthan, Indian Copper Complex in Jharkhand, Malanjkhand Copper Project in Madhya Pradesh, and Taloja Copper Project in Maharashtra.
It is also responsible for contributing to the supply of copper products, like copper cathodes, continuous cast copper rods, and other by products, such as gold, silver, and sulphuric acid, to the Indian market.
In the recent years, HCL has been focusing on increasing its production capacity and upgrading its older mines and plants, demonstrating its commitment to the development of the nation's copper industry.
As a leading copper manufacturer in the country, HCL plays a significant role in India's metal industry, influencing the country's industrial growth and contributing significantly to the nation's economy.