India’s JSW Group Head Calls Upon Government to Establish Policy on Aluminium Production

India’s JSW Group Head Calls Upon Government to Establish Policy on Aluminium Production

The head of one of India’s biggest business conglomerates took to Twitter on Wednesday to call upon his country’s government to develop a unified policy for domestic aluminium production.

JSW Group’s Chairman and Managing Director Sajjan Jindal fired off a series of tweets to make the case for a more serious focus upon aluminium production by lawmakers in New Delhi.

He began by noting that India has easy access to all the necessary ingredients for aluminium production:

He then continued by calling upon centre to establish special purpose vehicles (SPV) to handle the task.

In so doing, Jindal argued that the economic upside, especially to the economically disadvantaged in the country, was undeniable.

Finally, once the bauxite is removed from the area, Jindal suggested that the land left behind could be put to better use than it had been prior to the commencement of mining.

With stakes in steel, cement, energy, and infrastructure, and operating in several locations across four continents, JSW Group may well be positioning itself at entering the aluminium market as well. At present the group has a power-generation capacity of 4531 mW, and operates one of the world’s biggest blast furnaces, a mammoth operation with a nameplate capacity of 4.8 million metric tons per annum. The firm is already recognized as the country’s premier private-sector steel producer.

Jindal Group, JSW’s parent company, also has significant operations in the steel, power, and cement sectors.