National Aluminium Company Limited (NALCO) has signed a Technology Licensing Agreement with Emirates Global Aluminium (EGA) to deploy EGA’s UAE-developed DX+ Ultra aluminium smelting technology at its proposed 500,000 tonnes per annum (MTPA) brownfield smelter expansion at Angul, Odisha. The...
DriveSys Systems Private Limited has acquired additional land in Maharashtra to expand its aluminium project. The company is a wholly owned subsidiary of ZF Steering Gear. The company has acquired Plot No. E-10, covering around 25,882 sqm, at Supa Parner Industrial Park in Ahilyanagar district. The...
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Vedanta Limited, an Indian multinational company, has represented solid returns in the first 6 months of 2025. The share price of the firm is poised to reach the INR 500 (USD 5.99) mark and has gained nearly 5 per cent over time, while continuing with the previously announced demerger activities....
Hind Aluminium, a maker of aluminium and alloy conductors and aluminium wire rods, recently changed their evaluation to reflect a neutral posture in the face of operating performance issues. The company reported a steep year-over-year profit decline of 53.5 per cent, with Q4 FY24-25 profit after...
Despite India’s exports reaching a record USD 824.9 billion in FY 2024–25, aluminium exports declined sharply by 10.79 per cent, revealing sector-specific challenges amid an otherwise strong trade performance. Image for representational purposes only According to the Ministry of Commerce, total...
In the global automotive industry, the implications of stricter emission regulations and fuel efficiency targets have created an urgency for manufacturers to adopt efficient technologies with lightweight components. Mahindra, an Indian automobile manufacturing company, is now slowly shifting from...
As supply chain leaders confront global disruptions, rapid digitalisation, and rising sustainability demands, NetNex Global presents CONNECT 2025 —India’s premier supply chain leadership forum, happening in Mumbai on August 20th, 2025 . Under the powerful theme “Optimising Control and Synergy in...
Vedanta Aluminium, India’s largest aluminium producer and a business of Vedanta Group Ltd., is operating outside the conventional gender norms in a hardline manufacturing sector. It has decided to recruit 15 transgender employees in 2026, bringing the total to 44 at its Jharsuguda (Odisha) and...
On National MSME Day, Vedanta Limited (NSE: VEDL), India’s leading critical minerals, transition metals, energy and technology conglomerate announced that its non-ferrous metals e-store has achieved a staggering INR 40,000 crores or $4.7 billion in total sales value. Operated under the name of...
In a recent event, where the US retaliated and dismissed India's request for a safeguard measure on aluminium and steel, it was not a bilateral discussion at the World Trade Organisation (WTO). Now, India is on the road to imposing a retaliatory tariff only if the US fails to continue the...
By the end of 2025, Vedanta Aluminium, one of the world's leading aluminium producers, is set to open a new casthouse with a 62 per cent reduction in carbon emissions. The project is being initiated by collaborating with Gail Gas, who will supply its 430kt per year Cathouse 4 at Jharsuguda. Image...
National Aluminium Company Limited (NALCO), a Navratna CPSE under the Ministry of Mines, Government of India, has broadened its product portfolio with the launch of its latest innovation, the IA90 Grade Aluminium Alloy Ingot. This strategic introduction is designed to meet the increasing and...
Top thermal coal importers China and India are significantly reducing their purchases from Indonesia, the world’s largest coal exporter, in favour of higher-energy coal from alternative sources. This strategic shift comes as a global decline in prices has made more energy-dense coal grades...
Countries like India, among others, ask for a reprieve when exporting but impose tariffs on imports to safeguard their domestic industries. Could such practices complicate international trade dynamics or be perceived as ‘conflicted’ by global partners? A lot of questions cloud the mind when delving...
CIE Aluminium Casting India Limited (CIEALCAST), a wholly owned subsidiary of CIE Automotive India, will acquire up to a 29 per cent stake in AMPIN Energy C&I Thirty One Private Limited for INR 1.75 crore, as per a recent stock exchange filing. This strategic investment is aligned with CIE...
Hindalco Industries Limited, the metals flagship of the Aditya Birla Group, has announced the acquisition of a 100 per cent equity stake in US-based AluChem Companies, a leading producer of speciality alumina, for an enterprise value of USD 125 million. The deal will be executed through Aditya...
Over 35 Indian importers have not received any shipment of rare earth magnets alongside pending licence approval from China, creating havoc in the automobile sector. Importers of China are now in legal consultation to eliminate the possibility of a "force majeure clause (FMC)" within their supply...
India’s commerce ministry will convene a meeting on June 27 with key stakeholders, including shipping lines, exporters, container firms, and other departments, to assess the impact of the ongoing Iran-Israel conflict on India’s overseas trade. According to an official source, the objective is to...
With a view to reducing the gap between industrial practice and academics, Visvesvaraya National Institute of Technology (VNIT) and the Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC) successfully hosted a two-day aluminium metallurgy workshop at VNIT and JNARDC...
Central Coalfields Ltd (CCL), a subsidiary of Coal India, is set to bring two new coal mines into production during the ongoing financial year, which is expected to boost its capacity by 10-12 million tonnes annually, according to a top official. Image credit: clarke-energy.com This expansion...
