01 FEBRUARY 2025AlCircle.com
Aluminium demand in India to zoom 7-9% by 2028 as EV Sales Surge 27%
Edited by : Pratyusha Chatterjee
4 min read
At the recently concluded Material Recycling Association of India (MRAI) international conference held in Jaipur from 28 to 30 January, Mohan Agarwal, managing director and chairman of a prominent secondary smelter CMR Green Recycling, projected robust growth in India’s secondary aluminium demand.
Agarwal forecasted a compound annual growth rate (CAGR) of 7-9 per cent between 2023 and 2028, with demand expected to rise from 1.7 million tonnes in 2023 to approximately 2.4-2.5 million tonnes by 2028. The automotive sector is poised to be a key driver of this growth, with demand anticipated to increase at a CAGR of 7-11 per cent.
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