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Ambani weighs aluminium foray, setting up potential Adani showdown

Ambani weighs aluminium foray, setting up potential Adani showdown

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.