Indian aluminum sector knocked off course by pandemic
Ggmetalminer - The Indian aluminum sector, which once stood firmly on the path of growth, today finds itself buffeted by the winds of uncertainty because of the COVID-19 pandemic.
Industry leaders have suggested many measures to the India government to put the sector back on track.
Indian aluminum sector calls for removal of export cap
Uppermost on the list is a request to allow an export scheme for aluminum without any cap on the total exports.
The Engineering Export Promotion Council (EEPC) of India recently wrote to the Commerce Minister to continue with the Merchandise Export from India Scheme (MEIS Scheme) without any limit on the aluminum exports. The change would help the sector survive the current crisis situation, the Council argues.