Economy, Banking and Finance · 11 April 2026
Aluminium Extrusion Manufacturers Association of India (ALEMAI) launches Aluminium Bharat initiative to boost downstream capacity utilisation
Exam-focused facts from the 11 April 2026 current affairs briefing.
Key facts
- Aluminium Extrusion Manufacturers Association of India (ALEMAI) launched the ‘Aluminium Bharat’ initiative in New Delhi on 7 April 2026.
- The initiative targets strengthening India’s aluminium value chain that supports over 10 lakh jobs.
- ALEMAI will host ‘Aluminium Bharat 2026’ exhibition alongside Alumex India 2026 at Gandhinagar from 26 to 29 September 2026.
- Midstream and downstream aluminium segments report production decline of 40-50 per cent.
- Installed domestic capacity is 4.2 million tonnes, with extrusion units operating at 1.2-1.3 million tonnes and rolled/flat products at about 1.5 million tonnes.
- Rising raw material and energy costs, limited aluminium scrap availability, and higher input costs versus global peers erode competitiveness.
- Domestic manufacturers face tariff imbalances from low-cost imports benefiting from foreign subsidies and trade agreements.