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Aluminium industry seeks higher import duties to enhance self-sufficiency

AAI pointed out that imports of primary aluminium have doubled in recent years.

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The Aluminium Association of India (AAI) has submitted a pre-budget proposal to the Department for Promotion of Industry and Internal Trade (DPIIT), which operates under India’s Ministry of Commerce. The proposal requests enhanced import protection to safeguard the domestic market and attract new investments, with the aim of making India self-sufficient in aluminium production—a sector crucial for national development and strategic applications. The AAI has proposed an increase in import duties on primary and downstream aluminium products, highlighting the metal’s significance in realizing India’s vision of becoming a developed nation by 2047.

Aluminium is essential to various sectors, including defence, aerospace, renewables, electric vehicles, power transmission, and sustainable infrastructure. Despite this, India’s per capita aluminium consumption is only 3 kg per annum, significantly lower than the global average of 12 kg. The AAI noted that higher aluminium usage is typical in advanced economies, citing that countries like the USA, Malaysia, and Indonesia recognize aluminium as a strategic sector.

In its representation, the AAI pointed out that imports of primary aluminium have doubled in recent years, along with a notable increase in low-quality scrap and downstream products, particularly from China.

The aluminium sector in India has already invested over Rs 1.5 trillion to expand production capacity to 4.2 million tonnes per annum (MTPA). However, to meet an anticipated domestic demand of 10 MTPA by 2030, the industry will require an additional investment of Rs 3 trillion over the next six years, which would generate significant employment opportunities within India.

Industry leaders have argued that the influx of imports is deterring new investments, primarily due to low import duties on primary and downstream products. This situation stands in stark contrast to other non-ferrous metals, where duties on scrap and primary products are more aligned. Consequently, the AAI has urged the central government to raise the import duty on primary and downstream products from the existing 7.5% to 10%, and to set the duty on aluminium scrap at 7.5% to match that of other aluminium products.

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Star Cement launches ‘Star Smart Building Solutions’

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Star Cement has launched ‘Star Smart Building Solutions,’ a new initiative aimed at promoting sustainable construction practices, as per a recent news report. This venture introduces a range of eco-friendly products, including tile adhesives, tile cleaners and grouts, designed to enhance durability and reduce environmental impact. The company plans to expand this portfolio with additional value-added products in the near future. By focusing on sustainable materials and innovative building solutions, Star Cement aims to contribute to environmentally responsible construction and meet the evolving needs of modern infrastructure development.

Image source:https://www.starcement.co.in/

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Nuvoco Vistas reports record quarterly EBITDA

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Nuvoco Vistas reported its highest-ever quarterly consolidated EBITDA of Rs.556 crore in Q4 FY25, with annual EBITDA at Rs.1,391 crore. Cement sales reached 19.4 MMT in FY25, with Q4 contributing 5.7 MMT. Revenue rose 4 per cent YoY to Rs.3,042 crore in Q4. Net debt reduced by Rs.390 crore to Rs.3,640 crore. The company received NCLT approval for acquiring Vadraj Cement, targeting 31 MMTPA capacity by FY27. Key marketing initiatives, expanding RMX and MBM businesses, and a focus on sustainability (457 kg CO2/tonne) drove performance. Nuvoco remains focused on premiumisation, operational efficiency, and market expansion.

Image source:nuvoco.com

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UltraTech Cement increases capacity by 1.4Mt/yr

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UltraTech Cement has expanded its production capacity by 1.4 million tonnes per annum (Mt/yr) through a combination of debottlenecking efforts and operational efficiency upgrades across several of its plants. The enhancements include an addition of 0.6Mt/yr in grinding capacity at the Nagpur facility in Maharashtra and a combined 0.8Mt/yr at the Panipat and Jhajjar units in Haryana. With these upgrades, the company’s total domestic grey cement capacity has risen to 184.8Mt/yr, while its global capacity now stands at 190.2Mt/yr.

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