Aluminium Industries in india is one of the leading industries in the Indian economy. The growth of the aluminum Metal industry in India would be sustained by the diversification and exploration of new horizons for the industry. India has huge deposits of natural resources in form of minerals like copper, chromite, iron ore, manganese, bauxite, gold, etc. The India aluminum industry falls under the category of non iron based which include the production of copper, tin, brass, lead, zinc, aluminum, and manganese.
The main operations of the of the India aluminum industry is mining of ores, refining of the ore, casting, alloying, sheet, and rolling into foils. At present, Hindalco and Nalco are one of the most economical in the production of aluminum in the world. For the sustenance of the growth the aluminum industry in India has to develop research and development units to assist the production and improve on the quality measures to keep a stringent quality control.
The India aluminum Metal Industries sector in the previous decade experienced substantial success among the other industries. The India aluminum industry is developing fast and the advancement in its technologies is boosting the growth even faster. The utilization of both international and domestic resources was significant in the rapid development of the India aluminum industry. This rapid development has made the India aluminum industry prominent among the investors. The India aluminum industry has a bright future as it can become one of the largest players in the global aluminum market as in India the consumption is fairly low, the industry may use the surplus production to cater the international need for aluminum which is used all over the world for several applications such as aircraft manufacturing, automobile manufacturing, utensils, etc.
The companies under the India aluminum industry:
Hindalco (Hindalco Industries Ltd) Indal (Indian Aluminum Co Ltd) Nalco (National Aluminum Co Ltd) Balco (Bharat Aluminum Co Ltd) Malco (Madras Aluminum Co Ltd)
The yearly pattern of production of the companies in India Aluminum Industry:
Hindalco produced in 150,000 metric tons in 1990-1991 and 242,000 metric tons in 2000-2001 Nalco produced in 218,000 metric tons in 1990-1991 and 230,000 metric tons in 2000-2001 Indal produced in 117,000 metric tons in 1990-1991 and 110,000 metric tons in 2000-2001 Balco produced in 100,000 metric tons in 1990-1991 and 100,000 metric tons in 2000-2001 Malco produced in 25,000 metric tons in 1990-1991 and 25,000 metric tons in 2000-2001 The total production was 610,000 metric tons in 1990-1991 and 707,000 metric tons in 2000-2001
The yearly production of rolled products by the companies in India Aluminum Industry:
Hindalco produced 22,500 meters of rolled products in 1990-1991 and 80,000 meters of rolled products in 2000-2001 Nalco produced 13,500 meters of rolled products in 1990-1991 and 36,500 meters of rolled products in 2000-2001 Indal produced 24,825 meters of rolled products in 1990-1991 and 90,000 meters of rolled products in 2000-2001 Balco produced 44,900 meters of rolled products in 1990-1991 and 43,600 meters of rolled products in 2000-2001 The total amount of production was 102,225 meters of rolled products in 1990-1991 and 227,100 meters of rolled products in 2000-2001
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Aluminum Industries in India is also the biggest contributors in Indian GDP growth. In future India is become the biggest manufacturer and suppliers of Aluminum Products. I know a company 100salts. They are the are Aluminium Alloy manufacturers. . www.100salts.com is a customer trade portal owned and operated by Nanoshel which operates as a U.S and India based global manufacturer and distributor of commodities and products.
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