Will a 15% customs duty strengthen India's domestic aluminum industry and curb import pressure?

The proposed 15 per cent customs duty on aluminum and its downstream products is set to bring a new outlook to India's aluminum sector, reshaping its trade dynamics and strengthening domestic resilience.

In FY 2024–25, India's aluminum production capacity, including downstream products, stood at 6.4 million tonnes, while domestic demand was 4.9 million tonnes - clearly showing that India can comfortably meet its own requirements and export the surplus. The country also exported 2.23 million tonnes of aluminum and downstream products