Aluminium Industry Seeks RoDTEP Extension for SEZ Units

24 Mar 2025 CW Team

The Aluminium Association of India (AAI) has urged the government to extend the Remission of Duties or Taxes on Export Products (RoDTEP) scheme to aluminium-producing units operating under Advance Authorisation (AA), Export Oriented Units (EOUs), and Special Economic Zones (SEZs).

In a representation to Finance Minister Nirmala Sitharaman, AAI highlighted that export-focused aluminium units face high tax burdens from both Central and State levies, adding up to 10% of production costs. The association warned that without an extension of the RoDTEP scheme, the global competitiveness of Indian aluminium exports could suffer.

The government had previously extended RoDTEP benefits to aluminium smelters in AA/EOU/SEZ units in March 2024 and again in September 2024, but the latest extension lapsed in February 2025.

India, the world’s second-largest aluminium producer, has an annual production capacity of 4.1 million tonnes, backed by over $20 billion in investments. Nearly 45% of the country’s aluminium exports originate from AA/EOU/SEZ-based units.

Given ongoing global trade uncertainties, AAI has emphasized the urgent need for extending RoDTEP benefits to these units. Without an extension, Indian aluminium manufacturers risk production slowdowns, job losses, and reduced domestic growth.

AAI stressed that continuing RoDTEP benefits will strengthen India’s export competitiveness, encourage further value addition, and support the government’s goal of enhancing domestic manufacturing.

(Business Line)

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..