首页|Jindal Aluminum to boost extrusions imports into India
Jindal Aluminum to boost extrusions imports into India
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NSTL
Jindal Aluminium, the largest producer of aluminium extrusions in India, has tied up with a producer in Sri Lanka to import aluminium extrusions into the country. Imports, which are now around 300 tons per month may go up to 10,000 tons per month, almost meeting the great part of the Indian demand. Jindal Aluminium was one of the producers who protested against the high incidence of customs duty on Indian aluminium imports and also on the same level of duty on both metal and finished products. The 2002-03 budget to some extent has gone to meet the criticism of Jindal Aluminium as it has lowered the import duty on aluminium to 15 percent and retained the import duty on aluminium products at 25 percent giving some margin for the downstream users of aluminium metal. But it has kept the customs duty on aluminium scrap at 15 percent thus denying a cheaper source of metal to downstream processors.
NSTL
