Aluminium demand to touch 5 mn tonne

Aluminium demand in the country is expected to touch 5 mt by 2020 and 8 mt by 2025 up from 3.2 mt now. According to data by Aluminium Association of India and Crisil Research, the country´s aluminium consumption clocked CAGR of 8 per cent during 2011-16. The same trend is expected to prevail till 2020. Aluminium usage would look up as power demand is expected to shoot up from 290 GW currently to 360 GW by 2020-21, whereas auto demand is projected at 38 mn units by then, up from 25 mn units by the end of FY16.