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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India’s Supreme Court rejects bauxite mining in Odisha’s Niyamgiri Hills
India’s Supreme Court ruled on April 1, Friday last week, that it could not issue an order for bauxite mining to begin in Odisha without getting input from local governments and other stakeholders in the area. The court required that the Odisha Mining Corporation add the fourteen gram sabhas (local...
Mumbai gets a revamped fleet of 83 full-aluminium bodied buses
BEST (Brihanmumbai Electric Supply & Transport Undertaking) in Mumbai got a revamped fleet of 83 buses last Sunday at a cost of INR 7 crore, with 147 more to arrive in the coming weeks. The buses have aluminium bodies, which will not corrode in Mumbai's weather, and a host of other features,...
India's Environment Ministry releases new rules for waste disposal and metal recycling
Minister of State (Independent Charge) of Environment, Forest and Climate Change, India, Prakash Javadekar on April 3, released the Hazardous Waste Rules 2016 to distinguish hazardous waste from other wastes. Speaking on the occasion, Javadekar said, "The new rules will ensure resource recovery and...
India - Next big thing in global aluminium beverage can business
With consumption of beverages such as soft drinks in stylish, attractively contoured cans rapidly catching up with both urban youth as well as rural folk in the country, aluminium beverage can manufacturers like Rexam and Can-Pack are experiencing a consistent upward spiral in business....
India's promising new start-up focuses on waste recycling including aluminium cans
Ever since start-up boom hit India, a large number of companies with novel ideas have mushroomed, some with substantial growth potential. However, there existed a vacuum in the waste recycling space, since nothing noteworthy has been coming up despite Central Government's endeavour to promote it's...
Rising demand from APAC to keep aluminium rods market buoyant until 2019
The global aluminium wire rods market is slated to grow at a CAGR of around 2 per cent during 2015-2019, revealed data released in a recently published market analysis. The increased investments in infrastructure are driving the growth of this market. Developing economies such as India are heavily...
Indian bauxite exporters clamour for removal of export duty
Bauxite exporters in India are clamouring for removal of export duty on the ore similar to a cut in duty for iron ore in the budget. Higher duties have led to a sharp fall in India's share in the export market in recent years with Australia and Malaysia increasing their share. "We are losing out to...
NALCO records the highest-ever bauxite and alumina production
At a time when 70 per cent aluminium companies world over have reported loss and the aluminium industry is reeling under heavy pressure due to sluggish international market, National Aluminium Company Limited (NALCO), a Govt of India PSU, has remained profitable all through by successfully handling...
Sachin Satpute appointed as SVP Novelis Inc. and President Novelis Asia
Novelis, the world leader in aluminium rolling and recycling, today announced the appointment of Sachin Satpute to the position of Senior Vice President, Novelis Inc. and President, Novelis Asia, effective June 1, 2016. Satpute has nearly 30 years of experience in the aluminium industry and...
Aluminium Association of India meets Union Steel Minister
The newly elected body of Aluminium Association of India (AAI) met Union Minister of Steel and Mines Narendra Singh Tomar on Tuesday in New Delhi to put forth its plans and press for business safeguards. In the meeting, members of the body expressed concern over extreme sluggish domestic and...
Odisha grounds INR2.53 lakh cr investment; Hindalco commences production at Sambalpur smelter
As many as 46 industries who signed MoUs with the Odisha government have invested INR 2.53 lakh crore so far in the state, the assembly was told on Thursday. "Ninety-two have inked MoUs with the state government to set up their industries with an investment of INR 5.68 lakh crore. Of the 92...
Continuous Homogenising Plant successfully commissioned at Hindalco
For the production of extrusion billets at its newly built plant in Madhya Pradesh, Hindalco Industries decided in favour of heat treatment in a continuous homogenizing furnace. The continuous homogenising and sawing plant for billets (diameter range 178 to 229 mm) has a capacity of 64,000 tonnes...
MCX Aluminium up by 0.4% on global trend
Aluminium futures traded 0.41 per cent higher at INR 99.15 per kg, largely in tandem with a firming trend in base metals at the London Metal Exchange (LME). Besides, increased demand at domestic spot markets influenced prices. At Multi Commodity Exchange, aluminium for delivery in current month...
MCX Aluminium extends gains on global cues
Aluminium prices on Multi Commodty Exchange strengthened by INR 2 per kg at the non-ferrous market today largely on a firming global trend. Traders said sentiment in aluminium remained firm as its prices firmed up in global markets after the Easter holiday as the US home sales climbed, boosting...
India's Warna Minerals files petition against illegal bauxite mining by a Mumbai firm
In a twist to the ongoing issue over bauxite mining in Shahuwadi tehsil in the district, India's Kolhapur-based Warna Minerals on Monday filed a petition in the Bombay high court claiming that it had sought all the permissions, but a Mumbai firm illegally carried out mining at the site. The hearing...
MCX Aluminium up by 0.1% on rising demand
Aluminium prices were up by 0.10 per cent to INR 98.85 per kg in futures trade as traders enlarged positions, driven by pick up in demand at the spot market amid firm Asian cues. At the Multi Commodity Exchange, aluminium for delivery in March moved up by 10 paise, or 0.10 per cent, to INR 98.85...
NALCO signs allotment agreement for coal blocks in Odisha
National Aluminium Company Limited (NALCO) had been allotted Utkal-D & E coal blocks, near the company's Captive Power Plant in Angul district of Odisha. The allotment agreement for these blocks having a reserve of more than 200 million tonnes of coal was signed between the Centre and NALCO in New...
MCX Aluminium strengthens on increased demand
Aluminium prices at Multi Commodity Exchange (MCX) Mumbai, advanced by INR 2 per kg at the non-ferrous market on March 26, Saturday, largely due to pick-up in demand from consuming industries. However, other base metals held steady in thin trade. Traders said increased demand from consuming...
