Aluminium Makers

The Aluminium Association of India (AAI), has urged the government to exempt aluminium products from the recent RoDTEP rate cut as it would help Indian exporters remain competitive in the international market. AAI, the apex body representing the top aluminium producers within the country, in its representation to the Directorate General of Foreign Trade (DGFT), has requested the government to remove aluminium exports from the recent 50 per cent RoDTEP cut, just like the government has already done for agricultural products. The export support scheme, Remission of Duties and Taxes on Exported Products (RoDTEP), launched in 2021, provides for a refund of taxes, duties and levies that are incurred by exporters in the process of manufacturing and distribution of goods, and are not being reimbursed under any other mechanism at the Centre, state or local level. It also made a plea to the government to fix RoDTEP rates for 2026-27 based on the actual taxes exporters bear, so that aluminium

Hindalco stock rose 2% on Friday. Looking ahead, the management expects the company's integrated business model, strategic investments and cost discipline to help deliver sustained growth.

The Hindalco plant, which will be in Andhra Pradesh's Kuppam, will supply aluminium for the production of Apple's iPhone chassis

A public utility service refers to an industry or service considered essential for the community's well-being and functioning

Company reports higher-than-expected Q3 PAT at Rs 1,877 crore, up 77% YoY

The prevailing economic slump and auto sector stress are likely to moderate consumption of aluminium products

He urged the Indian aluminium companies to step up value addition and focus on creating wealth out of waste

The Chinese challenge will likely heighten tension between the world's two largest economies

MIP helps check cheaper imports from China, West Asia

Domestic aluminium industry faces a major threat from China and West Asian countries