The Business Bytes
THEBUSINESSBYTES BUREAU
NEW DELHI, JULY 4, 2025
Vedanta has lauded the launch of the National Aluminium Vision Document by G. Kishan Reddy, Union Minister for Coal and Mines, calling it a transformative milestone in India’s journey toward becoming a global leader in aluminium production. The Vision Document lays out a strategic roadmap to build an Aatmanirbhar aluminium industry aligned with the broader goal of achieving a Viksit Bharat by 2047.
The document outlines a comprehensive strategy built on key pillars — self-reliance in aluminium production, secure and sustainable access to raw materials, a shift towards low-carbon operations, and a strong thrust on value-added exports. Together, these initiatives aim to boost domestic capabilities and enable India to capture a 10% share of the global aluminium market by 2047.
Recognising aluminium as a critical and strategic metal globally, the vision document underscores its pivotal role in supporting sectors such as renewable energy, electric mobility, green infrastructure, defence, and advanced technologies. Aluminium is set to be a cornerstone in India’s ascent to becoming the third-largest economy and achieving developed nation status by 2047.
The domestic demand for aluminium is projected to grow sixfold by 2047. To meet this surge, India must scale its production capacity from the current 4.5 million tonnes per annum (MTPA) to nearly 37 MTPA — necessitating an estimated investment exceeding Rs 20 lakh crore.
Commenting on the development, Rajiv Kumar, CEO of Vedanta Aluminium, said, “The aluminium industry is no longer a passive supplier of raw material — it is a catalytic enabler of India’s $30 trillion economy ambition, net-zero targets, and global manufacturing competitiveness. The Vision Document strongly affirms that aluminium is the metal of the future—critical to our energy independence, green transition, and national security. To realise this vision, decisive and swift policy support is essential. The time to act is now. If India can unlock its resource potential and accelerate value-added manufacturing, we can not only lead the global aluminium industry but also set the benchmark for sustainable, inclusive industrial growth.”
Although India is the world’s second-largest aluminium producer, it currently contributes just 6% to global output — highlighting vast untapped potential. The vision document projects significant socio-economic dividends if this potential is harnessed effectively, including the integration of remote regions into mainstream economic activity. Notably, the aluminium sector generates 3.7 times more indirect employment for every direct job created, showcasing its ability to drive large-scale employment.
To meet rising demand and reduce import dependency, the vision proposes ramping up bauxite production from current levels to 50 MTPA by 2030 and further to 150 MTPA by 2047. It also emphasises the need for a robust circular economy, advocating structured scrap collection and recycling systems, increased consumption intensity, and quality enhancement across the value chain. Adoption of Industry 4.0 technologies — such as digitisation, AI, and automation — is seen as vital for elevating the sector’s global competitiveness.
As India embarks on this transformative journey, Vedanta reaffirmed its commitment to partnering with the Government in making the aluminium sector a cornerstone of sustainable development, economic resilience, and industrial leadership.
