Aluminium producers seek parity in levies
Indian aluminium production climbed 19% in Q1 of FY19 while consumption rose 11%. Yet share of imports in aluminium consumption has been increasing continuously.
The industry also wants preference for local aluminium in all government and Make in India projects, as with steel.
Indian aluminium production climbed 19% in Q1 of FY19 while consumption rose 11%. Yet share of imports in aluminium consumption has been increasing continuously.
In Q1, imports constituted a staggering 60% of domestic consumption, according to industry data. Its wide use in sensitive applications such as consumer durables and utensils can pose serious risk to the environment and health. The industry wants parity in taxes on scrap and primary aluminium.
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