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India's aluminium industry seeks a 15% import duty to protect domestic production amid a 50% import surge.
The Aluminium Association of India is urging the government to impose a 15% basic customs duty on all aluminium imports to counter a 50% surge in inflows over five years, warning that unchecked imports threaten domestic manufacturing, jobs, and India’s strategic self-reliance goals.
The industry, vital for defence, infrastructure, and aerospace, says protective tariffs and stricter scrap quality standards are needed to prevent India from becoming a dumping ground for low-grade scrap, as developed nations retain high-quality material for themselves.
With demand projected to rise from 5.5 million to 37 million tonnes by 2047, the AAI stresses timely action to attract Rs 20 lakh crore in investments, protect 800,000 jobs, and support national development visions.
The government is reviewing the proposal amid calls for coordinated inter-ministerial reforms.
La industria del aluminio de la India busca un derecho de importación del 15% para proteger la producción nacional en medio de un aumento del 50% de las importaciones.