ASMA Seeks Lower Import Duty to Ease Primary Aluminium Prices
ECONOMY & POLICY

ASMA Seeks Lower Import Duty to Ease Primary Aluminium Prices

The Aluminium Secondary Manufacturers Association has urged the Government to reduce the import duty on primary aluminium, stating that the measure would help rationalise domestic prices and provide relief to downstream manufacturers facing elevated input costs. The association noted that hundreds of MSMEs form a crucial part of the downstream aluminium ecosystem, contributing significantly to value addition and industrial growth.

In its communication to the Government, ASMA said the duty structure is raising raw-material costs for producers of extrusions, castings and other value-added aluminium products. Primary aluminium, produced from alumina through an electrolytic process, differs from secondary aluminium sourced from recycled scrap, and represents a major cost component for manufacturers. The association emphasised that a duty reduction would strengthen competitiveness and support the broader manufacturing sector.

The Aluminium Secondary Manufacturers Association has urged the Government to reduce the import duty on primary aluminium, stating that the measure would help rationalise domestic prices and provide relief to downstream manufacturers facing elevated input costs. The association noted that hundreds of MSMEs form a crucial part of the downstream aluminium ecosystem, contributing significantly to value addition and industrial growth. In its communication to the Government, ASMA said the duty structure is raising raw-material costs for producers of extrusions, castings and other value-added aluminium products. Primary aluminium, produced from alumina through an electrolytic process, differs from secondary aluminium sourced from recycled scrap, and represents a major cost component for manufacturers. The association emphasised that a duty reduction would strengthen competitiveness and support the broader manufacturing sector.

Next Story
Real Estate

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Next Story
Real Estate

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Next Story
Technology

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement