Association of India (AAI) has underscored the need for a national aluminium
policy to propel the country towards a production of 10 million tonnes per annum.
T K Chand, AAI President and Chairman-cum-Managing Director (CMD) at National Aluminium
Company (Nalco), said 75 per cent of the envisaged production (10 million tonnes) should be in the downstream sector.
application is only 300 in India as against 3,000 globally. India needs to double its per capita consumption, increase applications of aluminium
and go for 75 per cent value addition," Chand said at the annual national convention of aluminium
Chand emphasized the scope of the aluminium
industry to generate employment. "Aluminium
industry has the potential to provide additional 1.2 million employment at 10 million production stage,’’ he added.
CMD called upon prospective investors to explore investment opportunities at the downstream aluminium
park at Angul (Odisha) where the company is a joint developer along with Odisha Industrial Infrastructure Development Corporation (Idco).
The Italian delegation, led by its trade commissioner, Prof. Alberto, stressed the lasting relationship between India and Italy on aluminium
downstream and the potential of downstream industries in the country.
Prof. Alberto spoke about future potential of downstream industries and the proactive role it will play to help the aluminium
sector. He praised Nalco's role in bringing downstream and technical collaboration with Italy to bring the latest technology.