Bosch SDS, Dassault Systèmes collaborate to advance AI-led manufacturing in India
Bosch Software and Digital Solutions (Bosch SDS) and Dassault Systèmes today announced a collaboration in India to help manufacturing enterprises accelerate digital transformation across product engineering, manufacturing operations and industrial value chains. The collaboration brings together...
Adani-IHC expand Odisha investment plans to $25bn across 14 projects
Abu Dhabi-based International Holding Company (IHC) and India’s Adani Group have expanded their investment plans in Odisha, outlining INR 2.105 trillion (USD 25 billion) of potential investment across 14 projects spanning metals, critical minerals, energy, chemicals and infrastructure. The...
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We believe, while ‘one arm’ is in India, we should've ‘another arm’ in Africa: Anil Agarwal, Vedanta
Billionaire Anil Agarwal, the London-based founder chairman of Vedanta Resources, said his group will invest one billion dollars in Africa, betting on the continent and India as the two growth engines for the metals and mining group. "We believe, while 'one arm' is in India, we should have 'another...
Indian mines ministry may push for duty hike on primary aluminium products
The Ministry of Mines, India, is expected to consider pushing for a hike in the customs duty on primary aluminium products to provide relief to an industry suffering from low prices and underutilised manufacturing capacity. "We have asked the industry to make a representation to push their case...
Vedanta Limited leads India Disclosure Index 2016
Vedanta Limited, a globally diversified natural resources company, has been ranked as India's leading publicly listed company in the India Disclosure Index 2016 report by FTI Consulting. Vedanta achieved full scores on all parameters that were studied across the Mandatory Disclosure, Voluntary...
Downstream value addition gives Hindalco edge over competition
Aluminium makers all over the world, including the three in India, have remained under pressure, as the global economy is struggling to get back on its feet from a rough ride now lasting over two years, halting recovery in London Metal Exchange (LME) prices and crippling overcapacity for which the...
Goa Carbon reports 15,059.100 MT of calcined petroleum coke production for June
Goa Carbon has reported production of 15,059.100 MT (million tonnes) of Calcined Petroleum Coke for the month of June 2016. Of the total production achieved for the month, Bilaspur plant produced 1,834.000 MT of Calcined Petroleum Coke, Goa plant produced 2,519.100 MT of Calcined Petroleum Coke...
Vedanta’s import substitute alloy billets give a fillip to “Make In India”
Vedanta is a major producer of high grade aluminium and various other products such as billets and ingots, which are supplied to secondary fabrication units. Although Vedanta has been a significant billet manufacturer for a long time, the requirement spelt out by an auto component downstream...
Indian Aluminium biggies underline their faith on India as the biggest aluminium demand driver in the making
<p>India is at the threshold of emerging as the next biggest demand driver for aluminium- the strategic metal of tomorrow. Although, presently, the per capita consumption of the metal here stands at 2.2 kg against the world average of 8.4 kg, rapid urbanisation, improving automobile story of the...
Govt of India to set up Aluminium Development Council: union mines secretary
The Centre on Thursday, July 30, announced to set up Aluminium Development Council in the lines of Steel Development Council to address various issues of aluminium industry including effect of global slowdown, promoting per capita use and raw material linkage. "The proposed Aluminium Council...
Vedanta eyes 1.7 mt aluminium output this fiscal
Vedanta Limited is chalking out plans to produce 1.7 million tonne of aluminium this fiscal through a capacity ramp-up at Balco and Odisha's Jharsuguda plants. "Ever since April 1 this year, we have been ramping up our aluminium lines at Balco and Odisha. We would expect that all the Balco lines...
HP uses aluminium and carbon fibre for its ultra-slim Spectre 13 luxury laptop
In a grand event, HP announced the ultra-slim Spectre 13 in India, and at just 10.4mm, it is the slimmest laptop in the world. It is made using carbon fibre and Aluminium with prices starting at INR 1.2 lakhs. The Spectre 13 hosts a series of unique technology features which essentially make it a...
GAIL begins gas supplies to Chinese automotive wheel producer Wanfeng
GAIL India, the nation's biggest natural gas transporter, has begun supplying gas to the India unit of the world's largest automotive aluminium wheel producer Wanfeng Group. Gas supplies to Wanfeng Aluminium Wheels (India)'s plant at Rewari in Haryana commenced on June 27, company sources said. The...
Exploration of bauxite should be further encouraged, says Tom Albanese
Vedanta Ltd Group chief executive officer Tom Albanese, in a recent interview, said that the Government of India should take more initiatives in the mining sector and further encourage exploration of bauxite. While commenting on the winning of the first-ever auction of a gold mine in India in...
AAI to organize national seminar on “Aluminium – The Strategic Metal”
Aluminium Association of India (AAI) is organizing a national seminar on 'Aluminium: The Strategic Metal' in Bhubaneswar on Thursday June 30, 2016. A number of companies and associations along with key professionals from across the country's aluminium industry value chain are expected to attend the...
Vedanta Resources Plc hosts second Annual Sustainable Development Day
Vedanta Resources Plc ("Vedanta", together with its subsidiaries) hosted a Sustainable Development Day in London on 24 June 2016. This was the second time that the annual event has been held. Analysts, investors and members of key industry bodies attended the event to share an update on the...
China alumina imports rise 70.82% MoM in May
China imported 175,400 mt of alumina in May, up 70.82 per cent MoM, but down 48.51 per cent YoY, according to China Customs. Import volumes remained low. Imports from India and Vietnam, which accounted for 17.43 per cent and 11.29 per cent, respectively, of total imports, increased markedly from...
Indian states begin process to auction 32 mines
Four states including Maharashtra and Karnataka have started the process of auctioning 32 mines that bear minerals such as iron ore, diamond, bauxite and limestone. The initial bids for mines in these states, which also include Andhra Pradesh and Madhya Pradesh, are scheduled to start from this...
Passenger coaches with aluminium bodies, made in India, to arrive in Dhaka by December
All passenger coaches for the Bangladesh railway under the Indian line of credit will arrive in Dhaka by December, the Indian High Commission has said. Prime Minister of Bangladesh, Sheikh Hasina on Saturday launched a new train—‘Sonar Bangla Express’—between Dhaka and Chittagong. She also...
Andhra CM hardsells business avenues in the state on Day1 of his China visit
N Chandrababu Naidu, Hon’ble Chief Minister of Andhra Pradesh, India is making the most of his visit to China. On the very first day of his tour on Sunday, Naidu went scouting for investments in tourism, mineral exploitation and infra projects like Visakhapatnam-Chennai Industrial Corridor (VCIC)....
