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HEADLINES: Justice Verma submits report on reforming rape laws, suggests time-bound trial INDIAN ALUMINIUM INDUSTRY Size of the Industry | The global requirement is estimated at around 7.4 million tonnes, against that consumption in India as only around 110,000 tonnes. | Output per annum | Demand in the domestic market is expected to grow by 8-10; India is expected to have an installed aluminum capacity of 1.7 to 2 million tonnes per annum by 2020. | Percentage in World market | Currently Aluminium is also the second most used metal in the world after steel. Due to the fact that consistent growth of Indian economy at a rate of 8%, the demand for metals, used for various sectors, is also on the higher side. | Market capitalization | Consumption is estimated to have increased to a 5 year CAGR of 12.9% | | | History IIndian Aluminium Industry was first established in the year 1808 and it took almost 46 years to make its production commercially viable. The research work of the country took several years and resulted in extracting the Aluminium from the ore. On earth Aluminium is third most available element constituting almost 7.3% by mass. Currently Aluminium is also the second most used metal in the world after steel. Due to the fact that consistent growth of Indian economy at a rate of 8%, the demand for metals, used for various sectors, is also on the higher side. As a result, the Indian Aluminium Industry is also growing consistently as in the year 2009 the aluminium industry in India saw a growth of about 9%. | |
In the year 1938 the production of Aluminium started in India when the Aluminum Corporation of India's plant was commissioned. The
Top of FormHome > Indian Industries > Aluminium Industry Bottom of Form | -------------------------------------------------
Top of FormOther Indian Industries Bottom of Form | | | | + Text - |
HEADLINES: Justice Verma submits report on reforming rape laws, suggests time-bound trial INDIAN ALUMINIUM INDUSTRY Size of the Industry | The global requirement is estimated at around 7.4 million tonnes, against that consumption in India as only around 110,000 tonnes. | Output per annum | Demand in the domestic market is expected to grow by 8-10; India is expected to have an installed aluminum capacity of 1.7 to 2 million tonnes per annum by 2020. | Percentage in World market | Currently Aluminium is also the second most used metal in the world after steel. Due to the fact that consistent growth of Indian economy at a rate of 8%, the demand for metals, used for various sectors, is also on the higher side. | Market capitalization | Consumption is estimated to have increased to a 5 year CAGR of 12.9% | | | History IIndian Aluminium Industry was first established in the year 1808 and it took almost 46 years to make its production commercially viable. The research work of the country took several years and resulted in extracting the Aluminium from the ore. On earth Aluminium is third most available element constituting almost 7.3% by mass. Currently Aluminium is also the second most used metal in the world after steel. Due to the fact that consistent growth of Indian economy at a rate of 8%, the demand for metals, used for various sectors, is also on the higher side. As a result, the Indian Aluminium Industry is also growing consistently as in the year 2009 the aluminium industry in India saw a growth of about 9%. | |
In the year 1938 the production of Aluminium started in India when the Aluminum Corporation of India's plant was commissioned. The