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India’s Appeal For Exemption From Section 232 Aluminium And Steel Tariffs Falls On Deaf Ears

India’s Appeal For Exemption From Section 232 Aluminium And Steel Tariffs Falls On Deaf Ears

The Indian government’s appeal for an exemption to the United States’ blanket import tariff on aluminium and steel is dead on arrival according to sources in Washington, D.C. who spoke to the media last week. An anonymous source who spoke to Reuters...

Events

India Aluminium Producers Petition Government For Relief From Coal Tax

India’s aluminium industry petitioned the national government for the removal of taxes on coal in the coming fiscal year in a bid to relieve the industry of skyrocketing power costs. The Association of Aluminium Industries led the charge to remove the cess on coal in the next Union Budget, which is due to be presented […]

Jindal Aluminium Plans ₹150 Crore Of Capex Over Next Two Years

India’s biggest aluminium extruder Jindal Aluminium announced this week an initiative to spend about ₹150 crore on improvements and upgrades over the next two years to both its aluminium extrusions and rolled aluminium production lines. The firm said it plans to increase production by 50 percent, with the increase coming mostly in the realm of […]

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 and Chhattisgarh State Mineral Development Corporation. In addition to bauxite ore projects, Baghel […]

NALCO To Invest ₹30,000 Crore On Expansions At Angul Aluminium Smelter

India’s National Aluminium Company (NALCO) is planning to invest over ₹30,000 crore (US$17.7 billion) through 2028 on expanding and diversifying the organization. India’s Union minister for coal and mines Pralhad Joshi made the announcement last week at an anniversary event for the firm. “With the ambitious growth plans that Nalco has for the future, it […]