Home » Aluminium » Aluminium Development Council to be formed to bring development of Aluminium Sector in India – Dr. Chand

Aluminium Development Council to be formed to bring development of Aluminium Sector in India – Dr. Chand

Mumbai/Bhubaneswar, 16/03/2018: Industry stalwarts in the aluminium sector, including the Consul General of Italy, senior Government officials, CEOs and Senior Executives of different organizations deliberated and stressed on a whole new world of opportunities that lie ahead for the ‘wonder metal’ at the National seminar on development of special alloys and composites of aluminium, held in Mumbai today.

Dr. Tapan Kumar Chand, CMD, NALCO and President, Aluminium Association of India (AAI), emphasised, ‘’Demand for high-strength aluminium alloy will increase by five-fold in the next 10 years.’’ While showing concern over low applications of Aluminium, i.e. 300 odd applications in India as against 3000 globally used, Dr. Chand also stressed on the importance of R&D activities on various applications of Aluminium alloys in different sectors. Dr. Chand also pitched for reduction of energy cost and course correction in tax structure to make this sector competitive.

Dr. Chand, who is often called ‘Metal Man’ because of his knowledge and experience in the steel and aluminium sectors, said, the Aluminium Association of India will urge upon the Government of India for formation of Aluminium Development Council for protecting the interest of Aluminium Industry.

Shri Satish Pai, MD, Hindalco Industries Limited and Guest of Honour of the event raised concerns over increase in coal price which affect the energy cost. Commenting on the recent decision of the US Government’s proposal to put restrictions on imported aluminium, he said Indian Aluminium must now look for new markets in Middle East and Europe.

HE Ms. Stefania Costanza, Consul General Republic of Italy, Mumbai and Guest of Honour of the event, is upbeat about the prospects of knowledge sharing in Aluminium sector. She said, “Italy is second largest country in Europe in Aluminium business and we hope for more collaboration in future on a sustainable basis.”

The Chief Guest of this National Seminar, Mr. Arun Kumar, I.A.S., Secretary, Ministry of Mines, Government of India, while responding to the concerns, assured that auction route for commercial mining for coal mines will have checks and balances on the coal price, which is going to help the Aluminium industry. He also praised the involvement of Italy in the growth of Special Alloys of Aluminium.

Mr. PD Samundra, MD Thyssen Krupp Industrial Solution, India shared his long experience in particularly in Alumina and Caustic Soda.

The National Seminar, was attended by industry captains from all Primary industries and from Downstream and Ancillary industries, Aluminium Alloy manufacturers, Auto component manufacturers, Casting and Forging Industries, TKIS, HAAL, Academic and Research institutes, Research and Development organizations, like JNARDDC Nagpur, IIT Bhubaneswar, Management Consulting organizations and other academic and research institutes.

Organised by Aluminum Association of India (AAI), the Seminar was sponsored by Hindalco Industries Ltd, National Aluminium Company Ltd (NALCO), Vedanta Limited and ThyssenKrupp Industrial Solutions (India) Private Limited.

Inaugural Session of the Seminar commenced with the welcome address by Mr. A.K. Murthy, Hon. Gen. Secretary, AAI. The final Takeaway Session was shared between Dr. Vivek Srivastava, Asst. Vice President, Hindalco Innovation Centre and Dr. Pratapaditya Mishra, Additional Director General of AAI.

About Indianindustry Media

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Government Blocks 118 Mobile Apps Which are Prejudicial to Sovereignty and Integrity of India, Defence of India, Security of State and Public Order

The Ministry of Electronics and Information Technology, Government of India invoking it’s power under section ...

India will play a leading role in the future global political framework in terms of economy and Disaster Risk Management:Nityanand Rai

  The Union Minister of State for Home Affairs, Shri Nityanand Rai has said that ...

Ministry of Shipping has facilitated more than 1 lakh crew change in Indian ports and charted flights

Ministry of Shipping has facilitated more than 1,00,000 crew change on Indian ports and through ...

Structural Reforms are a Key Priority of the Government: Finance Minister

Addressing the captains of the Indian Industry, Union Minister of Finance and Corporate Affairs, Smt. ...

Government of India and AIIB sign agreement for $500 million to improve the network capacity, service quality and safety of the suburban railway system in Mumbai

The Government of India, the Government of Maharashtra, Mumbai Railway Vikas Corporation and the Asian ...

DRDO identifies 108 Systems and Subsystems for industry to design, develop and manufacture towards achieving “Atmanirbhar Bharat”

Responding to the clarion call given by Hon’ble Prime Minister for “Atmanirbhar Bharat”, the Defence ...

Tax system aims to be Seamless, Painless, Faceless : PM

Prime Minister Shri Narendra Modi launched a platform for “Transparent Taxation – Honouring the Honest” ...

DAC approves procurement proposals worth Rs 8,722.38 crore, including 106 Basic Trainer Aircraft for IAF

To strengthen the Armed Forces by relying on indigenous capability to take forward the initiative ...

Finance Minister launches an Online Dashboard for the National Infrastructure Pipeline

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman inaugurated the National Infrastructure Pipeline ...

It is time for the Indian industry to stand up as one and ensure we get a level playing field: Shri Goyal

Shri Piyush Goyal, Ministry of Commerce & Industry today inaugurated first edition of five day ...

WP2Social Auto Publish Powered By : XYZScripts.com