Explain 3 facts about the development of aluminium industry in India.
Answers
st · Blog Login · ·
AlCircle Blog
AlCircle
Aluminium Industry Trend & Analysis, Technology Review, Event Rundown and Much More …
AlCircle Blog » AlCircle
1 Reply
AlCircle
Facts, Prospects and Potential of Aluminium Industry in India
October 14, 2015 Contributed by: H Mahadevan
inShare
H Mahadevan
World aluminium production is at around 55 million tons, expected to grow at around 6.7% CAGR up to 2020, mainly due to the expected growth in India ~ 11%, China ~ 10%, Middle East ~ 8%, Brazil ~ 7%, Africa ~ 5% and return of growth in US (~ 4%).
World alumina production is around 110 million tons and the bauxite mined is around 350 million tons
Presently China with aluminium metal production of 30 million tons per annum, is the leader, despite less resource of good grade bauxite in the country. China’s CAGR during the period 2000 – 2010 was 18%, when its GDP increase was from 5% to almost 14%.
Aluminium Industry in India and China were very similar in capacities till the 1980’s. During the last one decade China has increased their capacity nearly 20 times but the capacity in India remains at a meagre level of about 2 million tonnes of aluminium metal (about 1.5% of world production against 48% or more produced by China).
Answer: maybe it helps you
Explanation:
