Vedanta Aluminium, India's leading aluminium producer, recently hosted AutoEdge 2024, a pivotal industry conclave focusing on the automotive sector, in New Delhi. Aluminium, pivotal for modern transportation, has emerged as a crucial raw material in automotive manufacturing. The event showcased expert-led sessions outlining the sector's future trajectory and aluminium's integral role in its evolution. It served as a platform for forging new collaborations and exploring innovative avenues.
{alcircleadd}About the event
Commenting on the event, Mr John Slaven, CEO of Vedanta Aluminium, said, "We offer our customers in the automotive industry an unmatched combination of advantages: global expertise, cutting-edge technology, customised alloys, ease of doing business, a reliable supply chain and most importantly, an unyielding commitment to sustainable business practices. Backed by innovative product development, technological sophistication and localisation, they represent an opportunity for Indian automotive players to compete at the same level as global companies."
Aluminium boasts a lightweight nature and a host of advantageous properties, including a high strength-to-weight ratio, exceptional electrical conductivity, remarkable corrosion resistance, and recyclability. These attributes position it as a prime choice for diverse applications within the rapidly expanding automotive industry, projected to contribute nearly 15 per cent to India's GDP by FY31. On average, an internal combustion (IC) engine vehicle incorporates around 180 kilograms of aluminium, while an electric vehicle currently utilises nearly 260 kilograms of metal.
Products Offered
Vedanta Aluminium is at the forefront of leveraging aluminium's potential to revolutionise the automotive sector. They offer a range of premium products explicitly tailored to industry needs. These include specialised primary foundry alloys (PFAs) used in crafting cylinder heads and alloy wheels and crash-resistant extrusion billets ideal for applications requiring superior impact resistance. Additionally, Vedanta provides ingots, rolled products, and wire rods designed for various automotive applications. Vedanta ensures top-notch production quality by utilising cutting-edge technologies sourced from leading nations like the USA, Spain, and Italy. Their products are in high demand, serving customers in over 60 countries and affirming their reputation for excellence in the industry.
With an unwavering commitment to customer satisfaction, Vedanta Aluminium prioritises a 'customer-first' approach to driving product innovation. Collaborating closely with clients, the company's Customer Technical Services team tailors products to precise specifications. Downstream companies can establish their units at the upcoming Aluminium Park in Jharsuguda, Odisha, benefiting from access to just-in-time molten metal drawn from Vedanta's nearby mega aluminium smelter.
Recently, Vedanta Aluminium launched the Vedanta Metal Bazaar, the world's largest e-superstore boasting over 750 primary aluminium products. Enhanced with Artificial Intelligence (AI) features, it delivers customers a streamlined end-to-end purchasing experience.
Mr Gaurav Vats, Senior General Lead - Corporate Materials, Uno Minda, added, "Vedanta Aluminium offered rich insights into how the automotive sector is poised to evolve, and the several ways aluminium could help us derive maximum value from this transformation. Collaborative efforts always result in improved solutions, and so we look forward to our fruitful partnership with Vedanta Aluminium to unlock enhanced innovation and business growth."
Aluminium usage in transportation sector
As per AL Circle's recently curated report, "Global Aluminium Industry Outlook 2024," aluminium usage in the transportation sector stood at 27.5 million tonnes in 2023. The demand is likely to reach 28.2 million tonnes in 2023. Passenger cars are the single largest user segment of aluminium amongst other transport sectors, and the rise of EVs is also crucial.
Vedanta Aluminium, a division of Vedanta Limited, stands as India's foremost aluminium producer, contributing over half of the nation's total aluminium output, amounting to 2.37 million tonnes in the fiscal year 2024. Renowned for its expertise in value-added aluminium solutions essential for key industries, Vedanta Aluminium is responsible for advancing aluminium applications in vital sectors. Through its cutting-edge aluminium smelters, alumina refinery, and power facilities across India, the company remains dedicated to its vision of promoting the widespread adoption of aluminium as the 'Metal of the Future,' driving towards a more sustainable tomorrow.
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