India’s electronics aluminium demand to grow 10.18% CAGR: Why aren’t makers benefiting from strong domestic production?
India’s aluminium smelters operate with some of the highest margins in the value chain, at around 10 per cent, but this profitability is not reflected among downstream manufacturers, where margins are closer to 5 per cent. These companies convert the metal into finished products such as heat sinks,...
India's ₹9,150b power grid push could drive new aluminium demand
India's planned transmission investment and renewable-energy expansion could lift aluminium consumption in electrical applications to 4 million tonnes by FY30. India's push to expand its electricity transmission network is emerging as a major potential growth driver for aluminium, with the...
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Adani plans a strategic $5 billion investment in India's aluminium industry, among others, in the next 5 years
Gautam Adani led Adani Group has declared an investment of over US$5 billion in setting up aluminium and steel businesses along with ramping up copper production in India. This is the second time that the group has invested such megabucks in the metal industry, wherein, for the first time in 2022,...
Hindalco's 78% profit gain in Q2 takes the market by storm after its highest ranking as the World's Most Sustainable Aluminium Company
Hindalco Industries Limited, the Aditya Birla Group metals flagship and one of India's biggest aluminium manufacturing companies has announced the second quarter results for the fiscal year 2024-25, reporting a year-on-year hike of 7.45 per cent in revenue from operations. From INR 54,169 crore...
Odisha’s INR3,353 crore industrial project to include a new aluminium conductor & power cable pant
The Odisha government approved 15 new industrial projects on Friday, amounting to a total investment of INR 3,353 crore and expected to create 4,637 jobs. The decision was made during a State-Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Manoj Ahuja. Aluminium...
Aluminium shortage hurts Jaguar Land Rover's profit margins, affects Tata Motors' earnings
As a result of an aluminium shortage, Jaguar Land Rover (JLR) recently reported a significant decline in profits. The luxury carmaker attributed the fall in deliveries to a flooding incident at one of its key aluminium suppliers in Switzerland, severely impacting the production of its high-end...
Hindalco ranks as 'World’s Most Sustainable Aluminium Company' for the 5th consecutive year
Hindalco Industries Limited, the Aditya Birla Group metals flagship, has emerged as the World's Most Sustainable Aluminium Company for the fifth consecutive year in the 2024 edition of the S&P Global Corporate Sustainability Assessment (CSA) rankings. Hindalco, the only Aluminium company to secure...
New Era: Škoda Auto India unveils all-new Kylaq
Škoda Auto India has taken the wraps off its much-awaited SUV, the Kylaq, revealing the vehicle for the very first time in India and the world. The Kylaq ushers in the New Era for Škoda Auto in India as it enters new markets and attracts new customers into its fold. The company had ascertained its...
Vedanta Aluminium’s Metal Bazaar sees 35% increase in SME users amidst growing digital buying trends
Vedanta Aluminium, India's largest producer of aluminium, announces that its e-commerce platform, Metal Bazaar, is making significant strides in transforming the buying behaviour of small and medium enterprises (SMEs). In just six months since its launch, SME users have increased by 35 per cent,...
Triumph Speed 400 2025 to relaunch model after bringing back brushed aluminium exhaust
Triumph Speed 400 MY25 makers have decided to relaunch in India, bringing back the initial metal finish brushed aluminium exhaust in place of the previous black finish ones from T4 after robust customer feedback. Image Source: Triumph Official Website Along with restoring the aluminium exhaust, the...
5 unidentified goons steal 18 quintals of metal from Indian factory
On October 31, five armed men stormed into a Uchi Mangli village (Punjab, India) based factory and stole over 18 quintals of aluminium and copper. The factory's security guard was held hostage during the unfortunate incident and, after the goons left, informed the owner, who then informed the local...
NALCO bids farewell to CMD Sridhar Patra as he retires after years of exemplary service
In a momentous farewell, National Aluminium Company Limited (NALCO), India's premier mining and metals powerhouse, announced the retirement of its distinguished Chairman-cum-Managing Director, Shri Sridhar Patra, effective October 31, 2024. Sridhar Patra, a stalwart in the industry, steps down...
India: Ministry of Mines proposes to lower bauxite benchmark price, benefitting aluminium makers and consumers
Ministry of Mines, Government of India, has reportedly proposed to lower the benchmark price of bauxite used to calculate the estimated value of resources and premium payable in auctions. The Ministry has put forward this proposal after getting multiple complaints from mining companies that claim...
BIR Convention highlights South-East Asia’s ascent as a global metals recycling hub
According to industry experts at the recent BIR convention in Singapore, Southeast Asia is rapidly establishing itself as a major hub for metals recycling, with new facilities emerging across Malaysia, Thailand, and Vietnam. Currently, BIR has a membership of over 1,100 companies, and around 1,200...
Abhinitee India, an aluminium die casting firm, gains INR 20 crore turnover in 8 years' operations
A 2016-built aluminium die-casting company achieved INR 20 crore turnover in 2024. Abhinitee India is now a known name in the nation, and it was set up by five college friends, Jitendar Ingale, Vidula Aher, Mangesh Thorat, Harish Shrirao and Niteen Jhadav. Image Source: Pixabay The company...
AAI calls for higher import duties & major investment to accelerate growth in the aluminium sector
The Aluminium Association of India (AAI) has proposed raising import duties and outlined an investment plan of ₹3 lakh crore to accelerate growth in the aluminium sector as part of its pre-budget recommendations to the Department for Promotion of Industry and Internal Trade (DPIIT) under the...
Indian EV bike Ultraviolette F77 Mach 2 with L3e certification launched on the global market
Ultraviolette F77 Mach 2, an electric motorcycle made in India by a Bengaluru-based startup, is being launched in international markets after its success among domestic clientele. An all-aluminium IP-67-rated enclosure EV tuned more towards performance was launched in April this year with a...
Young, driven, powerful — Lakshmi Venu as MD of aluminium and manganese cast producer
The story of Lakshmi Venu, the managing director of Sundaram-Clayton Ltd (SCL), is a testament to the legacy's strides. Despite being the daughter of two business giants, she has proven herself a worthy leader in the production company of aluminium and manganese cast for automotive sector — SCL...
Bizongo signs MoU with NALCO to meet the rising demand for aluminium via BizongoBuy
In a significant partnership aimed at transforming India's B2B eCommerce landscape, Accel and IFC-backed Bizongo have signed a Memorandum of Understanding (MoU) with National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise (CPSE) and one of the country's largest...
Vedanta Aluminium advances logistics system at its smelters by adopting BOBRN captive coal rakes
Vedanta Aluminium has taken a plunge into improving its coal transportation at its smelters in Jharsuguda, Odisha, Korba, and Chattisgarh by introducing the Bogie Open Bottom Rapid Discharge Railway Wagon with pneumatic door opening actuators (BOBRN) into the logistics system. This strategic move,...
