Business Standard

Domestic primary aluminium producers pitch hard to counter cheap imports

Currently, cheap aluminium imports constitute 60 per cent of the country's total lightweight metal consumption


The domestic aluminium industry is capable of substituting 100 per cent primary products and about 50 per cent of downstream products that are imported into India with its existing capacities, said industry officials.

Aditi Divekar Mumbai
In a bid to bring down the country’s aluminium imports, domestic primary aluminium producers such as Hindalco Industries and Anil Agarwal-led Vedanta Ltd are working with the government at three levels—primary aluminium, scrap and downstream products.

The domestic primary aluminium producers have been seeking trade remedial measures, such as anti-dumping duty and anti-subsidy duty, but they are also working of new products.

“We are involved in quite a few import substitution projects and are working closely with the government currently to put more defence alloys and aluminium material,” Satish Pai, managing director at Hindalco Industries said at the company earnings concall. Currently,

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First Published: Aug 26 2020 | 8:39 AM IST

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