India

Indian Government Approves ₹2.67 Billion In New Bauxite Mining Projects For Chhattisgarh

Indian Government Approves ₹2.67 Billion In New Bauxite Mining Projects For Chhattisgarh

Earlier this week the Indian government approved of ₹2.67 billion (US$36.3 million) in new bauxite ore mining projects for the state of Chhattisgarh. On Tuesday, Chief Minister of Chhattisgarh Bhupesh Baghel announced the approval of projects related to the Mineral Resources Department...

Events

India’s Commerce Ministry Seeks Increase In Aluminium Import Duties

In a bid to stem the rising tide of imported scrap and primary aluminium, India’s Commerce Ministry is lobbying to have an increase in import duties for the same included in the next national budget. The Indian aluminium sector has long called for a hike in import duties, but the turmoil in last year’s aluminium […]

India’s Commerce Ministry Lends Support To Increasing Import Duties On Aluminium

An increase in import duties on aluminium entering India gained more momentum this week, as Union Minister Suresh Prabhu revealed that the country’s commerce ministry favors such a measure as a means to protect domestic manufacturers. “That is a proposal to protect our domestic industry. The proposal is under examination and we support the proposal,” […]

Indian Government Mulling Increase In Aluminium Import Duty

Responding to months of pressure from its domestic aluminium sector, the Indian government is contemplating an increase to import duties for aluminium shipped in from overseas. According to unnamed sources who spoke with domestic media, major industry players have been lobbying for the change, noting a spike in shipments of primary and scrap aluminium. Per […]

Indian Trade Group Seeks End To 2.5-Percent Duty On Imported Scrap Aluminium

An Indian scrap metals trade group appealed to the government last week to remove the 2.5 percent import duty on aluminium scrap, setting aright the inverted duty structure on aluminium scrap now in place. The Metal Recycling Association of India criticized the tariff, which is in place despite the assessment of no tariffs on finished […]