Ambani weighs aluminium foray, setting up potential Adani showdown
India’s aluminium sector is entering a strong structural growth phase, driven by infrastructure, electrification, renewable energy, electric vehicles (EVs) and manufacturing. Industry projections indicate that domestic aluminium consumption could rise from nearly 6 million tonnes (mt) in FY26 to 8.5mt by FY30 and 28mt by FY47, according to BigMint, a commodities market intelligence firm.