INDIAN ALUMINIUM INDUSTRY AT A GLANCE IN 2021-2022
India is the fourth largest producer of aluminium in the world with a share of around 5.3% of the global aluminium output. It has nearly 10% of the world’s bauxite reserves in the world. As of 2021, India has an installed aluminium capacity of 1.7 to 2 million tonnes per annum.
• Aluminium production industry in India is mainly dominated by about five organizations that account for the majority of the country’s GDP:
• Hindalco (Hindustan Aluminium Company)
• Nalco (National Aluminium Company)
• Balco (Bharat Aluminium Company)
• Malco
• Indal
Other contributors of aluminium in India includes
• Hindustan Zinc
• Jindal Aluminium
• Kennametal India
• Sacheta Metals
• PG Foils
India is a leading player in the global Aluminium industry with the second largest Aluminium production capacity of about 4 million tonnes per annum (MTPA) of which around 55 per cent is produced by Vedanta group constituting 15 per cent production by BALCO.
Industry ForecastIndia's Aluminium demand is estimated to double again by the year 2025 thanks to rapid urbanization and growing infrastructure. Annual aluminium production in India could reach 5 million tonnes in five to six years, an increase of around 25% from current levels.
