
State-owned aluminium maker National Aluminium Company (Nalco) and Indian Defence Ministry’s Mishra Dhatu Nigam Ltd (MIDHANI) are in talks to produce auto-grade aluminium and high-end value added products.

Under the Government of India’s mission for Make in India, Nalco is planning to take up the projects through joint venture with MIDHANI to manufacture auto-grade aluminium and other products which are not manufactured in India.
Dr. Tapan Kumar Chand, CMD Nalco said, “51% of the India’s aluminium requirements are presently met through imports from China, Middle East and other countries. Of this, a major portion is value added products, that are not produced in India, and are used by the auto and aero sectors.”
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He further added, “Discussions with MIDHANI are in an advanced stage, for formation of the Joint-Venture company. The production facilities of the Joint-Venture will be located in Angul as well as Hyderabad, in the premises of MIDHANI”.
Dr Chand had made the announcement during the celebration of the 68th Republic Day at the Company’s headquarters in Bhubaneswar.
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