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HZH presents on ALUMINIUM INDIA & INCAL 2019
HZH presents on ALUMINIUM INDIA & INCAL 2019

Source:Hengzhong Heavy author:Admin Date:19-02-18 Glance Over:

ALUMINIUM INDIA 2019 accompanied by the INCAL conference, which is planned and organized by the Aluminium Association of India, where all significant players of the sector get together, was successfully held at Janata Maidan Bhubaneswar, Odisha from 31. January - 2. February 2019. The trade show connects producers, processors, technology suppliers and users along the entire value chain, and is the the perfect place to get in touch with and develop new target groups, especially with engineers and designers from the application areas. Located at the very heart of industrial, ALUMINIUM INDIA 2019 in Bhubaneswar, Odisha is the world's leading aluminium trade fair dedicated to the whole supply chain in the aluminium industry and its major application fields.

Per capital aluminium consumption in India is 1.5kg, compared with 12kg in China, 25kg in Europe (38kg in Germany) and 8kg globally. India's power, construction, packaging and transport sectors provide important growth opportunities for aluminium consumption, with double-digit growth expected next year. Under the "make in India" program, the government plans to invest $1 trillion in infrastructure. India needs international technology to build new factories to meet the growing demand for semi-finished products in various application industries.

In 2008, India produced 1,348,000 tons of aluminum, or 3% of global production. India now produces 3,958,000 metric tons, or 8% of the world's total. Rising demand for primary metals in developing countries such as India has greatly stimulated consumption growth. This demand will continue to grow over the next five years. Growth in consumption will narrow the gap between production and consumption, and India will see the biggest growth in demand for primary metals.

 

India is the world's seventh largest consumer of primary aluminium by volume, after China, the USA, Japan, Germany and the Middle East. Furnaces in developed countries such as North America and Europe will gradually close due to high energy consumption and high costs. Production centers will shift to low-cost countries such as India.

India consumes about 110,000 tonnes of aluminium. Domestic demand is expected to increase by 8-10% over the next few years. By 2020, India's annual aluminum production is expected to increase by 1.7 million to 2 million tons. At present, aluminum is the second largest metal in the world after steel. India's economy is growing at a steady rate of 8%, which should boost demand for metals across the board.

Being informed of the expecting growth of India’s aluminum industry in the coming years, and being a reliable well-known experienced product & service supplier, we’d like to share our technology and quality with every partners in the industry, and at the same time we’d like to tie our development to the expansion of production capacity of Indian manufacturers, the addition of new enterprises and the increasing demand for high-quality products in the current market.

 

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