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High-end aluminum alloy project in India deemed unviable due to low demand.
A high-end aluminium alloy project in Andhra Pradesh, jointly developed by Nalco and Mishra Dhatu Nigam Ltd, is deemed commercially unviable due to low aluminium consumption in India and limited demand in sectors like aerospace, defense, and automotive.
The 60,000-tonne plant was meant to support the 'Make in India' initiative and reduce import dependency.
A final decision on closing the project is pending.
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Proyecto de aleación de aluminio de alta gama en la India considerado inviable debido a la baja demanda.