Aluminium Extrusion Industry Cuts Production in India
Key Highlights
India’s aluminium extrusion industry faces production cuts due to West Asia crisis, halting raw material imports and raising energy costs. Government intervention sought.
India’s aluminium extrusion industry is experiencing a significant downturn, with production levels plummeting by nearly half due to ongoing disruptions in West Asia. The crisis has led to a halt in raw material imports and a surge in energy costs, severely impacting the sector’s operational capacity.
Many aluminium extrusion plants are now operating at reduced capacity as they grapple with supply chain bottlenecks and increased production expenses. The situation has prompted government intervention, with inter-ministerial meetings being convened to address the crisis and mitigate its impact on the industry.
The industry’s struggles highlight the vulnerability of India’s manufacturing sector to geopolitical instability and external supply chain shocks. The government’s response will be crucial in supporting the industry and ensuring its long-term viability amid these challenging circumstances.