Make in India

Vedanta To Open India’s First Primary Foundry Alloy For Aluminium Alloy Wheels

Vedanta To Open India’s First Primary Foundry Alloy For Aluminium Alloy Wheels

Indian aluminium smelter Vedanta Ltd. announced last week the launch of its Primary Foundry Alloy (PFA) which it will utilize to produce aluminium alloy for India’s automotive sector. Making the announcement at last week’s 59th Society of Indian Automobile Manufacturers (SIAM) Annual...

Events

Value addition can bail out debt laden Indian producers

For primary aluminium producers in India saddled with humongous debt, shifting focus to value added products is the new buzzword, and understandably so. Volatile LME prices have eroded much of the margins of top producers like Aditya Birla Group owned Hindalco and London listed metal conglomerate Vedanta’s aluminium operations in India. Between them, the two […]

India’s Aluminium Consumption to Rise by Over One Third: Report

A report released last week projected India’s aluminium consumption to increase by over one third over the next five years. The report, entitled Indian Aluminium Industry: Geared for growth, predicts India’s aluminium usage to rise from 3.3 million tons in FY 2015-16 to 5.3 metric tons in FY 2020-21, largely thanks to government measures like […]