Aluminium consumption in India to triple by 2030, says NALCO CMD

NALCO registers strongest performance in 2017-18, registering a growth of Rs 1342.19 crore against Rs 669 crore in the previous year

GN Bureau | June 8, 2018


#Damanjodi   #NALCO   #PSU  

In its effort to increase its foothold in the Aluminium industry, NALCO recently organised a customers and vendors meet in Mumbai.

CMD, NALCO, Tapan Kumar Chand said, “India will see a quantum jump in Aluminium consumption by 2030 and it has to enhance its production to meet the demand.”

Chand commended the loyal base of customers and vendors for standing by NALCO through thick and thin and said India’s Aluminium consumption per person per year will be doubled by 2030. “Loyalty of NALCO’s customers and suppliers is one of the drivers of our success,” he said.

He further said, “NALCO shall be adopting the latest technology for its upcoming Smelter plant which will result in more than two fold increase in productivity. Our new business model and upcoming projects like expansion of Alumina Refinery at Damanjodi, brownfield expansion of Smelter, caustic soda plant at Gujarat will help the company’s growth momentum.” Chand also provided an overview about the global Aluminium sector and stressed that the internals of NALCO are strong enough to withstand fluctuations in the business environment.

 

Comments

 

Other News

Parliament passes Citizenship amendment bill

The Citizenship (Amendment) Bill 2019 has been cleared by parliament, as the Upper House on Wednesday passed the legislation that seeks to grant Indian citizenship to non-Muslims from three neighbouring countries. “A landmark day for India and our nation’s ethos of compassion an

Lok Sabha passes the Citizenship (Amendment) Bill

After a day-long debate which often turned acrimonious, the Lok Sabha has passed the Citizenship (Amendment) Bill 2019, seeking to provide citizenship to non-Muslims from three neighbouring countries who have migrated to India.   Prime minister Narendra Modi said he was “delighted&

Citizenship bill in Lok Sabha, triggers debate

Home minister Amit Shah on Monday introduced in the Lok Sabha the Citizenship Amendment Bill, triggering a long-ranging debate on the ideas of India, with the opposition parties claiming it was regressive. The bill seeks to grant citizenship to non-Muslim citizens of the neighbouring Pakista

Ambedkar home in Mumbai to become national monument

The chawl in Mumbai where Dr BR Ambedkar, the father of the Constitution, lived between 1912 and 1934 will be converted into a national monument. Maharashtra chief minister Uddhav Thackeray made the announcement on Friday, On the occasion of 63rd death anniversary of the visionary leader, af

Hyderabad rape and murder case: four accused killed in police encounter

Amid shock and outrage across the country over the rape and murder of a young woman in Hyderabad, the police on early Friday morning killed all the four accused in the case in Hyderabad. Police had taken the four to Chattapally, where they had allegedly burnt the woman’s body after rap



Archives

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter