Canadian delegation holds talks with NALCO officials

Per capita aluminium consumption in India is only 2.2 kg against world average of 7 kg

GN Bureau | November 14, 2017


#PSU   #NALCO   #aluminium   #Canada  

 A high level technical delegation representing the Canadian industries paid a visit to National Aluminium Company Limited (NALCO) in Bhubaneswar where they held talks.

The delegation discussed technological know-how for better productivity and cost reductions through innovative solutions. The meeting offered the delegation an opportunity of setting up of upstream and downstream industries in joint ventures in the upcoming Angul Aluminium Park.
 
The Canadian delegation has responded positively to work out the details and claimed that the meeting was fruitful with NALCO. The team also paid a visit to the company’s smelter plant at Angul.
 
NALCO is one of the leading foreign exchange earners of the country and has recently developed a new business model for sustainable growth. It is making consistent efforts for becoming major producer of aluminium at global level.
 
The per capita aluminium consumption in India is only 2.2 kg against world average of 7 kg while it is 20 kg in China. There is huge potential for increasing the consumption of aluminium from existing level of 3.2 million tons per annum to 8 million tons per annum in next 2-3 years. Under New India mission, projects such as smart cities, bullet train, power to every household, energy efficient automobile, aluminium wagons are expected to lead the expansion of consumption of aluminium in India.
 

Comments

 

Other News

An eye on AI

Google Assistant, Rekognition and Tay. All these, often seen in news, have a common thread – they are powered by Artificial Intelligence (AI). Only difference is that while some have been in news for right reasons, some others have made it to the headlines for all the wrong reasons. For instance, Goo

Data-powered economy

1.33 billion. Let that large number sink in. That number is nearly 18 percent of the total global population, and almost the number of people estimated to currently reside in the republic of India, one of the world’s largest and fastest growing economies. These 1.33 billion people are spread across a

Dams or time bombs?

Kerala is limping back to normal after the devastating floods that wreaked havoc in the state prompting red alert in all 14 of its districts. While the rescue activities and immediate relief are now a thing of the past, the state is struggling to turn a new page and the focus is on reconstruction an

The imprint of the Gurjara Pratiharas

On August 16, when the country lost its beloved former prime minister Atal Bihari Vajpayee, a nondescript village, 70 km from Agra, came into the limelight. Bateshwar, the ancestral village of Vajpayee, is situated along the notorious Chambal ravines on the banks of the Yamuna. Vajpayee&rsq

Imagining the worst

Love Sonia is not a film you would want to watch if you knew its subject: sex trafficking. Without even a scene experienced, the subject induces visceral revulsion. However optimistic the screenplay, it can only deal in ugly dregs and bring up retching bile. Even so, Love Sonia, gritty an

India’s balancing act with China

On the first day of his August 19-20 visit to India, when Japanese defence minister Itsunori Onodera held talks with his Indian counterpart Nirmala Sitharaman, several defence and strategic-related issues had cropped up in their annual talks. But a big smile flashed on Sithraman’s face when Onodera,

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter