HPCL Brings Energy Leaders, Researchers and Startups Together at IISc Bengaluru to Accelerate energy Innovation through MC²+ IGNITE
The Hindustan Petroleum Corporation Ltd. today hosted the Bengaluru edition of MC²+ IGNITE – India’s flagship energy innovation accelerator at the Indian Institute of Science (IISc) Bengaluru, bringing together leaders from the energy industry, academia, research, startups and the investment...
HPCL brings energy leaders, researchers and startups together at IISc Bengaluru to accelerate energy innovation through MC²+ IGNITE
The Hindustan Petroleum Corporation Ltd. today hosted the Bengaluru edition of MC²+ IGNITE – India’s flagship energy innovation accelerator at the Indian Institute of Science (IISc) Bengaluru, bringing together leaders from the energy industry, academia, research, startups and the investment...
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COVID-19 opens new opportunities for secondary aluminium manufacturers, Pharma & Real Estate to fuel demand: JAL
Despite all the odds and adverse situations generated by the COVID-19 pandemic, it has supposedly opened new floodgates for the secondary aluminium manufacturers, commented Pragun Jindal Khaitan, Managing Director at Jindal Aluminium Limited (JAL). Mr Khaitan said, “Though JAL did experience the...
Indian aluminium producers taking various measures to check imports, working on new products to substitute overseas items
Domestic primary aluminium producers in India, like Hindalco Industries and Anil Agarwal-led Vedanta Limited, are on their toes to bring down the country’s aluminium imports. They are working with the government at three levels – primary aluminium, secondary, and downstream products. Besides...
JNARDDC develops CRM of aluminium metal under India’s Self-Reliant initiative
According to a recent report, Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), Nagpur has created Certified Reference Material (CRM) of aluminium metal for indigenous use, in line with the Government’s self-reliant initiative. CRM is used for quality control and for...
“Confederation of All India Traders” appeals Govt. to hike duty on Chinese import of Aluminium utensils and Aluminium goods among others as festival season nears
As the Indian festive season is nearing, the Confederation of All India Traders (CAIT) has solicited support from the government to stop China participating in the Indian markets. Particularly, the traders' body has shot a letter to Union Commerce Minister Piyush Goyal, pressuring him to increase...
Hindalco reduces its aluminium products price by INR 3,000/t with effect from August 22
Hindalco Industries Ltd has reduced its aluminium products price after hiking it for the second time in a row. With effect from Saturday, 22 August 2020, the company’s wire rods price stands at INR 159,350 per tonne, registering a drop of INR 3,000 per tonne from INR 162,350 per tonne on August 21....
Defence and Aerospace sector, Jindal Aluminium’s next focus to expand: Pragun Jindal Khaitan
Jindal Aluminium, India’s largest aluminium extrusion company which controls domestic market share over 30% is expanding its focus on the defence and aerospace sector, as it forecasts these sectors to be more potential given the policy changes permitting private players, as per a senior company...
Vedanta reduces its aluminium ingot price by INR 1,750/t with effect from August 22
Vedanta has declined its aluminium products price after hiking the price of the same products on August 20. With effect from Saturday 22 August 2020, the prices of some aluminium ingots are in the range of INR 147,000-160,000 per tonne, marking a drop of INR 1,750 per tonne from INR 148,750-161,750...
COVID-19 hardly to impact global Bauxite supply: GlobalData Consulting
The global bauxite production for 2020 has been predicted to shrink by 0.1%, to 344 mt, as per the UK headquartered data analytics and consulting company GlobalData, production is hardly affected by the interim halt of mines due to COVID-19 epidemic. GlobalData stated that the production in...
India should tap domestic aluminium potential and curb imports in line with self-reliant programme: FIMI
On Friday, August 21, Federation of Indian Mineral Industries (FIMI) said the country should check its aluminium imports and make use of “rich and almost inexhaustible” domestic resources instead, in line with the government’s self-reliant vision. The domestic aluminium consumption is expected to...
COVID-19 outbreak leads to 12% decline in Auto Component Industry's turnover in India during FY20
According to a recent report, the automobile component manufacturing companies in India saw a decline of 11.7 per cent to INR 3.49 lakh crore in their total turnover during fiscal 2020, attributing to the COVID-19 impact on the automobile industry. In the financial year 2019, the revenue of the...
Vedanta hikes its aluminium ingot price by INR 1,250/t to INR 148,750-161,750/t with effect from August 20
Vedanta has raised it its aluminium products price after reducing it for the second time in a row. With effect from Thursday, 20 August 2020, the prices of some aluminium ingots are in the range of INR 148,750-161,750 per tonne, marking a growth of INR 1,250 per tonne or 7.14% from INR...
Hindalco hikes its aluminium ingot and aluminium product prices by INR1250/t w.e.f August 20
Hindalco Industries Limited has increased the prices of its aluminium ingot and aluminium product by 1 per cent with effect from Thursday, August 20. With the latest hike, Hindalco’s aluminium ingot price has rebounded to INR 150,000 per tonne, up INR 1,250 per tonne or 1 per cent from INR 148,750...
ALUCAST 2020 cancelled due to COVID-19 pandemic
ALUCAST 2020 has been cancelled because of the global concerns over public health & safety due to COVID-19. The event was scheduled to be held from 3-5 December, 2020 in Chennai. ALUCAST 2020, one of the most anticipated events for the aluminium die-casting Industry, was expected to attract more...
First aluminium-bodied metro coaches manufacture by Titagarh Firema in India marks a significant step towards “Self-Reliant India”
In a move towards self-reliant India, Kolkata-based firm Titagarh Firema has become India’s first company to manufacture aluminium-bodied coaches. The first fleet of these coaches are supposed to be supplied to Pune Metro for use in its rail-based transit system. A year ago, Titagarh Wagons and its...
India’s imports of aluminium scrap from the US inches up by 4% in Jan-May 2020
India’s imports of aluminium scrap from the US came in at 4,190 tonnes in May, with a month-on-month decrease of 60%. India had imported 10,400 tonnes in April 2020. On a yearly basis, imports reduced by 83% from 24,200 tonnes in May 2019, as updated by the US Census Bureau. India imported 111,000...
Vedanta appoints Sunil Duggal as the new CEO
Vedanta Limited has announced the appointment of Sunil Duggal as its new Chief Executive Officer. Sunil Duggal is the former CEO of Hindustan Zinc Ltd. Anil Agarwal, Chairman, Vedanta Ltd Said: “We are delighted to welcome Sunil Duggal as our CEO. Sunil is a proven leader with a wealth of strategic...
Hindalco’s aluminium wire rods price decline to stand at INR 159,850/t with effect from August 15
Hindalco Industries Ltd has dropped its aluminium products price after hiking the price of the same product by 1% on August 12. With effect from Saturday August 15, the company’s wire rods price stands at INR 159,850 per tonne, marking a decline of 1.08% or INR 1,750 per tonne from INR 161,600 per...
HINDALCO: Ambassador of Indian Aluminium industry to the world
In the year 1958, Hindalco Industries started with an aim to produce primary aluminium and brownfield expansion, whereas, from 2020 onwards, Hindalco has grown through acquisitions and FDI investments. The primary aluminium business generated non-uniform cash-flow due to the fluctuation in the...
