What is the future of aluminium manufacturing in India?
Total import value of aluminium is over 7 lakh tonne and jump 22% as compare to last year. According to me its one of best startup idea so let's discuss for more informations.
The real raw material for aluminium is not bauxite, which we have in plenty, but electric power, which is an issue. About 40% of the cost of production goes for the power consumed.
China is the world’s largest producer(about 55%), because of government support and abundant cheaper power.
Sorry Ramani Sir but i am not satisfied by your answer.
India has become world’s 3rd largest producer of electricity and also exporting electricity worth of USD 39,091,000(Rs.2,70,41,98,107.00) to nepal, bangladesh and vietnam so i don't think that power is an issue.
Also the price of 1 kWh electricity in India and china is Rs 5.00(7.2 cents) and Rs 5.88(8.5 cents) respectively.
Thanks for your time sir.
It is the government subsidies that causes the discrepancy.
Thanks for your efforts again sir. Our points are not matching is because the source of your previous comment and the link you share is approximately 3 years old. Thanks again.
Government subsidies still continue in China.
The group I work for is a very large consumer of aluminium. Aluminium economics is a major daily issue.
There is also the minimum economic size of the plant.
Nothing wrong in investigating. Please go ahead with your evaluation.
Please give me the honor to introduce myself.
I work for an organization manufacturing aluminium and other metal along with their alloys. Motive of our organization is to reduce imports and consume our ores to produce high quality metals within our nation.
Purpose behind enlisting above question is to gain knowledge and approach people alike minded to check whether i can find any new innovative idea.
Thanks for your valuable reply.
As of now there is no disruptive technology to produce Al economically other than the present fused salt electrolysis. The bauxite has to be purified as well.
Looks like we are stuck with the present Hall process.