SHANGHAI, Aug. 11 (SMM) – India will potentially emerge as an important aluminum consuming country.
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Heavy investments in the country’s infrastructure, automobile and construction sectors will greatly boost aluminum consumption.
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India’s primary aluminum output rose 19.1% year-on-year to 2.44 million tonnes in the fiscal year of 2015-2016, and consumption rose 25.4% year-on-year to 1.98 million tonnes, while exports increased over 15% year-on-year.
At present, per capita aluminum consumption in India is just 1.5 kg, well below 22 kg in China, meaning huge potential to grow.
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