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Non-ferrous metals industry is one of the key sectors of Indian economy contributing significantly to the nation’s GDP. India is the second largest producer of aluminium after China. Government’s projects like ‘Make in India’ and ‘Smart City’ are expected to give huge impetus to the demand for non-ferrous metals in the nation.

Non-ferrous metals industry is one of the key sectors of Indian economy contributing significantly to the nation’s GDP. India is the second largest producer of aluminium after China. Government’s projects like ‘Make in India’ and ‘Smart City’ are expected to give huge impetus to the demand for non-ferrous metals in the nation. FICCI’s Non-ferrous Metals Committee is actively engaged with the Government for furthering the growth of sector by focusing upon capacity expansion, boosting domestic demand & consumption. The Committee comprises of all the major non-ferrous metals organizations and associations of the nation.

Team Leader

Arpan Gupta

Addl. Director

Timeline

2022
Jun
Event

Seminar on Copper Industry Vision 2030 & 2047: Opportunities, Challenges & Way Forward

Apr
Event

Webinar on Indian Non-Ferrous Metals Industry: Scripting the Indian Growth Story: Opportunities, Challenges & Way Forward

Feb
Event

Round Table on Indian Non-Ferrous Metals Industry

2021
Mar
Event

One Day National Workshop on Metallurgy For Non-Metallurgist (MFNM-2021)

Feb
Event

Udyog Manthan: Marathon of Focused Webinars on Promoting Quality and Productivity in Indian Industry

2020
Oct
Press Release

Indian Non-Ferrous Metals to contribute significantly to Atmanirbhar Bharat: VK Saraswat, Member, NITI Aayog

Event

Webinar on Indian Non-Ferrous Metals Industry: Contribution Towards Atmanirbhar Bharat

2018
Feb
Press Release

Govt. shifting its exploration focus to deep seated minerals and non-ferrous metals: Secretary Mines

Study

Indian Non-Ferrous Metals Industry:Way Forward

Event

Landscape for Non-Ferrous Metals in India 2030: Opportunities, Challenges & Growth

Events

Jun, 2022

Seminar on Copper Industry Vision 2030 & 2047: Opportunities, Challenges & Way Forward

Jun 02, 2022, Federation House, Tansen Marg, New Delhi, 9.30 am

Apr, 2022

Webinar on Indian Non-Ferrous Metals Industry: Scripting the Indian Growth Story: Opportunities, Challenges & Way Forward

Apr 07, 2022, 11.30 am

Feb, 2022

Round Table on Indian Non-Ferrous Metals Industry

Feb 03, 2022, Virtual Platform, 12 pm

Mar, 2021

One Day National Workshop on Metallurgy For Non-Metallurgist (MFNM-2021)

Mar 20, 2021, Virtual Platform, 10:00 AM

Feb, 2021

Udyog Manthan: Marathon of Focused Webinars on Promoting Quality and Productivity in Indian Industry

Feb 19, 2021, Virtual Platform, 04:00 PM

Oct, 2020

Webinar on Indian Non-Ferrous Metals Industry: Contribution Towards Atmanirbhar Bharat

Oct 22, 2020, Virtual Platform

Feb, 2018

Landscape for Non-Ferrous Metals in India 2030: Opportunities, Challenges & Growth

Feb 27, 2018, FICCI, New Delhi

Chair

Mr. Satish Pai

Managing Director
Hindalco Industries Limited

Co-Chair

Mr. Arun Misra

CEO
Hindustan Zinc Ltd.

Co-Chair

Mr. Rahul Sharma

CEO - Aluminium
Vedanta Ltd

Mentor

Mr. S K Roongta

Non-Executive Chairman
BALCO
The Statesman |

Industrial clusters for downstream metal sector soon

Odisha government plans to launch a unified portal which would streamline all approvals and disbursement of incentives to downstream units in the metal sector, said Hemant Sharma, Principal Secretary, Industries, at a virtual round table on Investment Opportunities in metal sector in Odisha organised by the state government and FICCI.

The state government is keen to partner with FICCI to further deliberate on the incentives to be given to the alloy steel segment to enhance the sector’s participation in the state, he said.

“The state has built up a good ecosystem for the metal industry and we can similarly build an ecosystem for the downstream metal industry. The state is keen to attract investments from industry to set up facilities to boost the beneficiation industry,” he added.
Sanjay Kumar Singh, CMD, IDCO & Commissioner cum Secretary, Skill Development & Technical Education Department, emphasized on the existing and planned industrial infrastructure for the ancillary and downstream industries in Odisha.

“The state has incorporated a corpus fund of Rs 100 crore annually for the aggregation of land and keeping it readily available for industries,” he added.

He said that land availability is a huge asset for the state of Odisha. IDCO has planned to take up development of three new metal downstream clusters at strategic locations of Angul, Jharsuguda and Kalinga Nagar, providing end-to-end facilities.

Odisha offers significant investment opportunities for downstream units in the Aluminium sector. The state, he said, has 56 percent of Aluminium smelting capacity of India with large bauxite reserves.

The state is planning to set up industrial clusters at Paradeep, Ganjam and Bhadrak, offering investment opportunities for ancillary & downstream units in the metal sector, added Singh.

Sanjeeb Kumar Mishra, OSD, Industries Department and Dr Nitin B Jawale, MD, IPICOL highlighted the policies, incentives and facilitation mechanism for ancillary and downstream industries in the state.

Satish Pai, Chair, FICCI Non-Ferrous Metals Committee & MD, Hindalco Ltd highlighted that Odisha has been growing at a rate of CAGR 12.8% between 2015 & 2019. VR Sharma, Rita Singh, Shashi Bhushan Upadhyay, Rahat A Bhatia, Aloke Losalka, Dr Anil Dhawan, Anup Sethi took part in the discussions.

Odisha Expo |

Odisha to soon launch unified portal to facilitate downstream units in metal sector: Principal Secretary, Industries, Govt of Odisha

Mr Hemant Sharma, Principal Secretary, Industries, Govt of Odisha right now stated that Odisha is proud to associate with main metals, mining and metallurgy sector gamers within the nation. Odisha is furthering the expansion and enterprise alternatives within the state, he added.

Addressing the digital Roundtable on Funding Alternatives in ‘Ancillary & Downstream Industries in Steel Sector in Odisha’ organized by Authorities of Odisha and FICCI, Mr Sharma stated that the state authorities is eager to associate with FICCI to additional deliberate on the incentives to be given to alloy metal section to reinforce sector’s participation within the state. “Authorities of Odisha is planning to launch a unified portal, which might streamline all approvals and statutory functions for disbursement of incentives to downstream items in metallic sector,” he emphasised.

Mr Sharma added, “Our industrial coverage and help mechanism is constructed round a price addition philosophy. The state has constructed up a very good ecosystem for the metallic trade and we will equally construct an ecosystem for the downstream metallic trade.”

Mr Sharma additional acknowledged that the requirement for ancillaries for such a big manufacturing base for the metals trade provides a very good alternative for funding. “The Imaginative and prescient 2030 doc emphasizes on the prospects of ancillary and downstream metals sector in Odisha. The state is eager to draw investments from trade to arrange services to spice up beneficiation trade,” he added.

Mr Sanjay Kumar Singh, CMD, IDCO & Commissioner cum Secretary, Talent Improvement & Technical Schooling Division, Govt of Odisha emphasised on the prevailing and deliberate industrial infrastructure for the ancillary and downstream industries in Odisha. “The state has integrated a corpus fund of Rs 100 crore yearly for the aggregation of land and maintaining it available for industries,” he added.

He stated that land availability is a large asset for the state of Odisha. IDCO has deliberate to take up growth of three new metallic downstream clusters at strategic places of Angul, Jharsuguda and Kalinga Nagar, offering end-to-end services. Odisha gives important funding alternatives for downstream items in Aluminium sector. The state, he stated has 56 p.c of Aluminium smelting capability of India with giant bauxite reserves.

The state is planning to arrange industrial clusters at Paradeep, Ganjam and Bhadrak, providing wonderful funding alternatives for ancillary & downstream items in metallic sector, added Mr Singh.

Mr Sanjeeb Kumar Mishra, OSD, Industries Division, Authorities of Odisha acknowledged that Odisha has been the pioneer in attracting funding in numerous sectors of industries. He additionally acknowledged that the State has been one of many pioneering states for industrial facilitation within the nation. He sought the suggestions and ideas from the entrepreneurs prepared to spend money on the ancillary and downstream industries.

Dr Nitin B Jawale, MD, IPICOL whereas highlighting the insurance policies, incentives and facilitation mechanism for ancillary and downstream industries stated that the state has created an ideal ecosystem for ancillary and downstream in metal and aluminium sector within the state.

“Odisha is a most popular funding vacation spot for downstream industries in metallic sector. It is usually the most important stainless-steel producer within the nation and has 20% of steelmaking capability of India. Odisha has one of many lowest prices of doing enterprise in India with low industrial land price, lowest electrical energy tariffs and availability of expert manpower,” he stated.

Mr Satish Pai, Chair, FICCI Non-Ferrous Metals Committee & MD, Hindalco Ltd highlighted that Odisha has been rising at a charge of CAGR 12.8% between 2015 & 2019. Other than the uncooked materials availability, Odisha performs a key function within the mineral & metals sector. Odisha enjoys well-developed social, bodily and industrial infrastructure and logistics services & the federal government is enterprise a number of infrastructural tasks to additional promote general supportive logistics within the state.

Mr V R Sharma, Co-Chair, FICCI Metal Committee & Managing Director, Jindal Metal & Energy Ltd; Ms Rita Singh, Chairman & Managing Director, MESCO Metal; Mr Shashi Bhushan Upadhyay, Resident Director (Odisha), Jindal Stainless Ltd; Mr Rahat A Bhatia, Vice Chairman, Aluminium Casters Affiliation of India; Mr Aloke Losalka, Normal Secretary, Rourkela Chamber of Commerce and Trade; Dr Anil Dhawan, Government Director, Alloy Metal Producers Affiliation and Mr Anup Sethi, Senior Normal Supervisor-HR, RSB Transmissions (I) Ltd additionally shared their perspective on the funding alternatives in Odisha.

Orissa Diary |

Odisha to soon launch unified portal to facilitate downstream units in metal sector: Principal Secretary, Industries, Govt of Odisha

Mr Hemant Sharma, Principal Secretary, Industries, Govt of Odisha today said that Odisha is proud to partner with leading metals, mining and metallurgy sector players in the country. Odisha is looking at furthering the growth and business opportunities in the state, he added.

Addressing the virtual Roundtable on Investment Opportunities in ‘Ancillary & Downstream Industries in Metal Sector in Odisha’ organized by Government of Odisha and FICCI, Mr Sharma said that the state government is keen to partner with FICCI to further deliberate on the incentives to be given to alloy steel segment to enhance sector’s participation in the state. “Government of Odisha is planning to launch a unified portal, which would streamline all approvals and statutory applications for disbursement of incentives to downstream units in metal sector,” he emphasized.

Mr Sharma added, “Our industrial policy and support mechanism is built around a value addition philosophy. The state has built up a good ecosystem for the metal industry and we can similarly build an ecosystem for the downstream metal industry.”

Mr Sharma further stated that the requirement for ancillaries for such a large production base for the metals industry gives a good opportunity for investment. “The Vision 2030 document emphasizes on the prospects of ancillary and downstream metals sector in Odisha. The state is keen to attract investments from industry to set up facilities to boost beneficiation industry,” he added.

Mr Sanjay Kumar Singh, CMD, IDCO & Commissioner cum Secretary, Skill Development & Technical Education Department, Govt of Odisha emphasized on the existing and planned industrial infrastructure for the ancillary and downstream industries in Odisha. “The state has incorporated a corpus fund of Rs 100 crore annually for the aggregation of land and keeping it readily available for industries,” he added.

He said that land availability is a huge asset for the state of Odisha. IDCO has planned to take up development of three new metal downstream clusters at strategic locations of Angul, Jharsuguda and Kalinga Nagar, providing end-to-end facilities. Odisha offers significant investment opportunities for downstream units in Aluminium sector. The state, he said has 56 percent of Aluminium smelting capacity of India with large bauxite reserves.

The state is planning to set up industrial clusters at Paradeep, Ganjam and Bhadrak, offering excellent investment opportunities for ancillary & downstream units in metal sector, added Mr Singh.

Mr Sanjeeb Kumar Mishra, OSD, Industries Department, Government of Odisha stated that Odisha has been the pioneer in attracting investment in various sectors of industries. He also stated that the State has been one of the pioneering states for industrial facilitation in the country. He sought the feedback and suggestions from the entrepreneurs willing to invest in the ancillary and downstream industries.

Dr Nitin B Jawale, MD, IPICOL while highlighting the policies, incentives and facilitation mechanism for ancillary and downstream industries said that the state has created a perfect ecosystem for ancillary and downstream in steel and aluminium sector in the state.

“Odisha is a preferred investment destination for downstream industries in metal sector. It is also the largest stainless-steel producer in the country and has 20% of steelmaking capacity of India. Odisha has one of the lowest costs of doing business in India with low industrial land cost, lowest electricity tariffs and availability of skilled manpower,” he said.

Mr Satish Pai, Chair, FICCI Non-Ferrous Metals Committee & MD, Hindalco Ltd highlighted that Odisha has been growing at a rate of CAGR 12.8% between 2015 & 2019. Apart from the raw material availability, Odisha plays a key role in the mineral & metals sector. Odisha enjoys well-developed social, physical and industrial infrastructure and logistics facilities & the government is undertaking several infrastructural projects to further promote overall supportive logistics in the state.

Mr V R Sharma, Co-Chair, FICCI Steel Committee & Managing Director, Jindal Steel & Power Ltd; Ms Rita Singh, Chairman & Managing Director, MESCO Steel; Mr Shashi Bhushan Upadhyay, Resident Director (Odisha), Jindal Stainless Ltd; Mr Rahat A Bhatia, Vice Chairman, Aluminium Casters Association of India; Mr Aloke Losalka, General Secretary, Rourkela Chamber of Commerce and Industry; Dr Anil Dhawan, Executive Director, Alloy Steel Producers Association and Mr Anup Sethi, Senior General Manager-HR, RSB Transmissions (I) Ltd also shared their perspective on the investment opportunities in Odisha.

Orissa Diary |

Odisha to soon launch unified portal to facilitate downstream units in metal sector: Principal Secretary, Industries, Govt of Odisha

Mr Hemant Sharma, Principal Secretary, Industries, Govt of Odisha today said that Odisha is proud to partner with leading metals, mining and metallurgy sector players in the country. Odisha is looking at furthering the growth and business opportunities in the state, he added.

Addressing the virtual Roundtable on Investment Opportunities in ‘Ancillary & Downstream Industries in Metal Sector in Odisha’ organized by Government of Odisha and FICCI, Mr Sharma said that the state government is keen to partner with FICCI to further deliberate on the incentives to be given to alloy steel segment to enhance sector’s participation in the state. “Government of Odisha is planning to launch a unified portal, which would streamline all approvals and statutory applications for disbursement of incentives to downstream units in metal sector,” he emphasized.

Mr Sharma added, “Our industrial policy and support mechanism is built around a value addition philosophy. The state has built up a good ecosystem for the metal industry and we can similarly build an ecosystem for the downstream metal industry.”

Mr Sharma further stated that the requirement for ancillaries for such a large production base for the metals industry gives a good opportunity for investment. “The Vision 2030 document emphasizes on the prospects of ancillary and downstream metals sector in Odisha. The state is keen to attract investments from industry to set up facilities to boost beneficiation industry,” he added.

Mr Sanjay Kumar Singh, CMD, IDCO & Commissioner cum Secretary, Skill Development & Technical Education Department, Govt of Odisha emphasized on the existing and planned industrial infrastructure for the ancillary and downstream industries in Odisha. “The state has incorporated a corpus fund of Rs 100 crore annually for the aggregation of land and keeping it readily available for industries,” he added.

He said that land availability is a huge asset for the state of Odisha. IDCO has planned to take up development of three new metal downstream clusters at strategic locations of Angul, Jharsuguda and Kalinga Nagar, providing end-to-end facilities. Odisha offers significant investment opportunities for downstream units in Aluminium sector. The state, he said has 56 percent of Aluminium smelting capacity of India with large bauxite reserves.

The state is planning to set up industrial clusters at Paradeep, Ganjam and Bhadrak, offering excellent investment opportunities for ancillary & downstream units in metal sector, added Mr Singh.

Mr Sanjeeb Kumar Mishra, OSD, Industries Department, Government of Odisha stated that Odisha has been the pioneer in attracting investment in various sectors of industries. He also stated that the State has been one of the pioneering states for industrial facilitation in the country. He sought the feedback and suggestions from the entrepreneurs willing to invest in the ancillary and downstream industries.

Dr Nitin B Jawale, MD, IPICOL while highlighting the policies, incentives and facilitation mechanism for ancillary and downstream industries said that the state has created a perfect ecosystem for ancillary and downstream in steel and aluminium sector in the state.

“Odisha is a preferred investment destination for downstream industries in metal sector. It is also the largest stainless-steel producer in the country and has 20% of steelmaking capacity of India. Odisha has one of the lowest costs of doing business in India with low industrial land cost, lowest electricity tariffs and availability of skilled manpower,” he said.

Mr Satish Pai, Chair, FICCI Non-Ferrous Metals Committee & MD, Hindalco Ltd highlighted that Odisha has been growing at a rate of CAGR 12.8% between 2015 & 2019. Apart from the raw material availability, Odisha plays a key role in the mineral & metals sector. Odisha enjoys well-developed social, physical and industrial infrastructure and logistics facilities & the government is undertaking several infrastructural projects to further promote overall supportive logistics in the state.

Mr V R Sharma, Co-Chair, FICCI Steel Committee & Managing Director, Jindal Steel & Power Ltd; Ms Rita Singh, Chairman & Managing Director, MESCO Steel; Mr Shashi Bhushan Upadhyay, Resident Director (Odisha), Jindal Stainless Ltd; Mr Rahat A Bhatia, Vice Chairman, Aluminium Casters Association of India; Mr Aloke Losalka, General Secretary, Rourkela Chamber of Commerce and Industry; Dr Anil Dhawan, Executive Director, Alloy Steel Producers Association and Mr Anup Sethi, Senior General Manager-HR, RSB Transmissions (I) Ltd also shared their perspective on the investment opportunities in Odisha.

Business Standard |

Non-ferrous Metals Industry to undergo complete paradigm shift post unlocking

VK Saraswat, Member, NITI Aayog said that there is a need for a well-developed non-ferrous metals industry in India as it provides important raw material to many industries which are the backbone of economic development. With increasing usage of these metals in several existing as well as emerging applications coupled with new technologies, we can expect a paradigm shift that can change the way non-ferrous metals will be produced and consumed in the future, he added.

Addressing a webinar on 'Indian Non-Ferrous Metals Industry,' organized by FICCI, Saraswat said that as the demand in end-use sectors pick up in future, post unlocking, the non-ferrous metals industry will undergo a complete paradigm shift. Strong domestic demand along with government reforms will maintain the economic growth momentum going forward. A major push is expected to emerge with the help of various reforms by the government which will help the industries like non-ferrous metals, he said.

In order to further boost the sector, Saraswat emphasized on early implementation of the recycling policy. He further stated that industry must also invest more on the R&D in order to become globally competitive. Government's role is to provide policy initiatives and ease of doing business, but industry must come forward with investments in high value products for producing not only for the domestic markets but also for exports, he noted.

SME Street |

Indian Non-Ferrous Metals to contribute significantly to Atmanirbhar Bharat: VK Saraswat, NITI Aayog

Dr VK Saraswat, Member, NITI Aayog today said that there is a need for a well-developed non-ferrous metals industry in India as it provides important raw material to many industries which are the backbone of economic development. “With increasing usage of these metals in several existing as well as emerging applications coupled with new technologies, we can expect a paradigm shift that can change the way non-ferrous metals will be produced and consumed in the future,” he added.

Addressing webinar on ‘Indian Non-Ferrous Metals Industry,’ organized by FICCI, Dr Saraswat said that as the demand in end-use sectors pick up in future, post unlocking, the non-ferrous metals industry will undergo a complete paradigm shift. “Strong domestic demand along with government reforms will maintain the economic growth momentum going forward. A major push is expected to emerge with the help of various reforms by the government which will help the industries like non-ferrous metals,” he said.

In order to further boost the sector, Dr Saraswat emphasized on early implementation of the recycling policy. “The much-needed reforms on guidelines or standards for boosting domestic scrap recycling would be addressed by the Metal Recycling Policy, which the government has formulated along with the industry stakeholders,” he said.

Dr Saraswat further stated that industry must also invest more on the R&D in order to become globally competitive. “Government’s role is to provide policy initiatives and ease of doing business, but industry must come forward with investments in high value products for producing not only for the domestic markets but also for exports,” he noted.

Elaborating on the challenges faced by the industry, Dr Saraswat said that the government is working on issues like inverted duty structure, dumping of goods under various FTAs, poor infrastructure, high logistics & power costs and other taxes. He further stated that leveraging the initiatives like Atmanirbhar Bharat, Make in India and Smart Cities, we can expect opportunities in the manufacturing sector including the non-ferrous metals.

Mr Bipin Menon, Additional DGFT, Ministry of Commerce & Industry said that there is a need to adapt to newer technologies which will help the growth of non-ferrous metals sector. “As the existing supply chain gets unshackled in the post COVID scenario, all stakeholders need to re-strategize and be innovative,” he added. Speaking on the FTAs, Mr Menon said that the government will take a holistic approach to fine-tune the FTAs in order to align them to Atmanirbhar Bharat program. He highlighted that as an industry and the economy as a whole, we should also try to extract more benefits from such FTAs.

Mr AK Shamsi, Executive Director, Traffic Transportation, Indian Railways (IR) highlighted the various initiatives undertaken to benefit the industry including a reduction in the freight cost and augmentation of the infrastructure. He added that IR is planning to expand the existing freight network on high density routes by 2024. “Indian Railways is all geared up to meet the future demands of the industry,” he noted.

Mr Alok Chandra, Economic Advisor, Ministry of Mines, Govt of India said that the government is focusing on providing required policy reforms to further support the Atmanirbhar Bharat program. “We are working on improving the ease of doing business and reducing the compliance burden on the industry,” he added.

Dr Ajit Ranade, President & Chief Economist, Aditya Birla Group said that Atmanirbhar Bharat does not mean catering to the domestic demands only, but it also means having capacity and competitiveness to cater to the global demands.

Mr Satish Pai, Chair, FICCI Non-Ferrous Metals Committee and MD, Hindalco Industries Ltd said that we must focus on increasing the domestic production of non-ferrous metals in order to reduce import dependence. This would include correcting the inverted duty structures along with revisiting our existing FTAs, he added.

Mr SK Roongta, Mentor, FICCI Non-Ferrous Metals Committee and Non-executive Chairman, BALCO said that in addition to the challenges faced by the industry, the current pandemic and the resultant lockdown with disruptions in the economy has further increased the trouble for the Indian non-ferrous metals industry. However, moving into the Q3 and Q4 for the current fiscal, he mentioned that with the demand uptick, we expect for the revival of the industry soon.

Mr Rahul Sharma, Co-Chair, FICCI Mining Committee and CEO- Alumina Business, Vedanta; Mr Mohan Agarwal, MD, Century Metals and Mr Laxman Shekhawat, Co-Chair, FICCI Non-Ferrous Metals Committee and Business Head, Vedanta Zinc International also shared their perspective on the potential of Indian non-ferrous metals industry.

Outlook |

Well-developed non-ferrous metals industry crucial for India: Saraswat

India needs a well-developed non-ferrous metals industry as it provides important raw material to many sectors which are the backbone of economic development, Niti Aayog Member V K Saraswat said on Thursday.

Addressing a webinar on ''Indian Non-Ferrous Metals Industry'', organised by industry chamber FICCI, Saraswat said as the demand in end-use sectors picks up in future, the non-ferrous metals industry will undergo a complete paradigm shift.

"With increasing usage of non-ferrous metals in several existing as well as emerging applications coupled with new technologies, we can expect a paradigm shift that can change the way non-ferrous metals will be produced and consumed in the future," he said.

In order to further boost the sector, Saraswat emphasised on early implementation of the recycling policy.

"The much-needed reforms on guidelines or standards for boosting domestic scrap recycling would be addressed by the Metal Recycling Policy which the government has formulated along with the industry stakeholders," he noted.

Saraswat further said the industry must also invest more on R&D in order to become globally competitive.

"Government's role is to provide policy initiatives and ease of doing business, but industry must come forward with investments in high-value products for producing not only for the domestic markets but also for exports," he emphasised.

Saraswat also said that the government is working on issues like inverted duty structure, dumping of goods under various FTAs, poor infrastructure, high logistics and power costs and taxation.

MENAFN |

Dr VK Saraswat to address non-ferrous metals industries forum

To chart out the contribution of Indian Non-Ferrous Metals industry towards Atmanirbhar Bharat and discuss & deliberate upon the opportunities & challenges in the journey ahead, Federation of Indian Chambers of Commerce & Industry (FICCI) is going to organise a session on ‘Indian Non-Ferrous Metals Industry Contribution Towards Atmanirbhar Bharat', on 22nd October 2020, via virtual platform.
Further, the forum would also deliberate upon the multi-faceted approach for the non-ferrous metals including demand augmentation, trade & infrastructural development, for furthering the growth of the industry.

Dr VK Saraswat, Member, NITI Aayog will be the chief guest in the webinar.

Other key speakers will be Bipin Menon, Additional DGFT, Ministry of Commerce & Industry, AK Shamsi, ED, Traffic Transportation, Indian Railways, Alok Chandra, Economic Advisor, Ministry of Mines, Dr Ajit Ranade, President & Chief Economist, Aditya Birla Group, Satish Pai, Chair, FICCI Non-Ferrous Metals Committee & MD, Hindalco Industries Ltd, SK Roongta, Member, FICCI Non-Ferrous Metals Committee & Non-Executive Chairman, BALCO, Rahul Sharma, Co-Chair, FICCI Mining Committee and CEO-Alumina Business, Vedanta Ltd and Laxman Shekhawat, Co-Chair, FICCI Non-Ferrous Metals Committee & Business Head, Vedanta Zinc International.
FICCI is the oldest apex business organisation in India. From influencing policy to encouraging debate, engaging with policymakers and civil society, FICCI articulates the views and concerns of industry.

Orissa Diary |

India's mineral sector can add Rs 4 lakh crore to GDP by doubling its contribution

Given the huge mineral wealth in India, if the sector doubles its contribution then there will be an addition of Rs 4 lakh crore to the GDP, said Dr Ajit Ranade, President & Chief Economist, Aditya Birla Group, while addressing a webinar today on ‘Indian Mining & Metals Industry: Post nCovid19 and Early Revival’ organized by FICCI.

The mining sector will contribute significantly in the growth of the nation’s economy. While we are in an auction-based mineral allocation process, the need is to learn from recent experiences, said Dr. Ranade. He added that nCOVID19 has resulted in an economic crisis which has led to a collapse in supply, collapse in demand and financial shock. These unprecedented challenges need massive fiscal response from the government in terms of credit access and liquidity support to revive the economy.

Mr A K Chaudhary, Chairman, Steel Authority of India Ltd. & Chair, FICCI Steel Committee, said that mining is a cost and labor incentive sector and in the present crisis, the cost of production has increased with a decrease in demand. He added that the government is taking measures to revive demand and now industry needs to work towards improving efficiency and demand while reducing the cost of production and upgrading technology in the sector. He emphasized on the need for having demand revival soon for the recovery of Indian steel industry.

Mr Tuhin Mukherjee, Managing Director, Essel Mining & Industries Ltd. and Chair, FICCI Mining Committee, said that there has been a contraction in demand and operational issues have come up in the sector due to the pandemic crisis. Besides, there has been a shortage of workforce and opportunity for new exploration has also been lost due to the lockdown. Hence, the need is to deliberate on these issues to give a thrust to the sector.

Mr Satish Pai, Managing Director, Hindalco Industries and Chair, FICCI Non-ferrous Metals Committee, urged the government to cut down unnecessary imports and incentivize exports. He underlined that though aluminum production is high, India still imports it and added that export schemes should be swiftly put in place to reduce imports.

Mr R Saravanabhavan, NITI Aayog and the Government Participants, urged the industry to share detailed recommendations to resolve the issues faced by them and assured for an early resolution of industry challenges.

Mr Dilip Chenoy, Secretary General, FICCI, said that as highlighted by the Prime Minister Mr Narendra Modi, the mining and metal sector needs to become self-reliant. He added that the aim should be to make the domestic mining and metal industry more competitive while utilizing domestic resources to exploit opportunities present in the value chain of the industry. Highlighting the dependence of sectors like infrastructure, transportation, telecom, automobiles etc on mining & metals, he emphasized on an early revival of the sector.

Mr Arun Mishra, Deputy CEO, Vedanta Ltd., said that COVID19 has brought phenomenal structural changes to the sector which are going to stay. Though, domestically the demand will be less, the sector needs to restart its activities while re-engaging laborers.

Mr Niladri Bhattacharjee, Partner (Metals & Mining), KPMG, in his presentation highlighted that the government should provide sector-specific stimulus packages for critical core sectors and give incentives to revive back soon.

Mr Rajib Maitra, Director (Mining, Metals & Industrial), Deloitte Consulting, underlined the potential measures that the government could take to revitalize the sector. He added that with contraction in domestic demand, the industry is focusing on export markets.

steelguru |

FIMI appoints Hindustan Zinc CEO Mr Sunil Duggal as new president

The Federation of Indian Mineral Industries (FIMI) has appointed Mr Sunil Duggal CEO of Hindustan Zinc, as its new President at its annual general meeting on August 14. An industry veteran, Duggal is currently vice chairman of International Zinc Association, co-chair - FICCI Non-Ferrous Metals Committee 2018 and President - Indian Lead Zinc Development Association.

Mr Duggal said that “I have always believed that India is blessed with immense mineral resource. Each and every citizen of this country aligns with ‘Make in India’ vision and to achieve this vision we have to ‘Find in India’. Minerals are a natural wealth for any country, and if utilized in a sustainable manner they can bring prosperity, development and help eradicate poverty. If India has to achieve double digit growth, the contribution of mineral sector needs to be brought to 7-8% of India’s GDP"

He said that “We have a taboo of being an import based economy and we have to turn the tables and make Indian products available for the global economy. India should be a well-established supplier of finished products to the world and for that you need extensive exploration of mineral resources and setting up of ancillary industries to convert these resources into finished products.”

The Economic Times |

FIMI appoints Hindustan Zinc CEO Sunil Duggal as its new president

The Federation of Indian Mineral Industries (FIMI), an apex mining body, has appointed Sunil Duggal, CEO of Hindustan Zinc, as its new President at its annual general meeting on August 14. An industry veteran, Duggal is currently vice chairman of International Zinc Association, co-chair – FICCI Non-Ferrous Metals Committee 2018 and President – Indian Lead Zinc Development Association.

Commenting on his appointment, Duggal said, “ I have always believed that India is blessed with immense mineral resource. Each and every citizen of this country aligns with ‘Make in India’ vision and to achieve this vision we have to ‘Find in India’. Minerals are a natural wealth for any country, and if utilized in a sustainable manner they can bring prosperity, development and help eradicate poverty. If India has to achieve double digit growth, the contribution of mineral sector needs to be brought to 7-8% of India’s GDP.”

“We have a taboo of being an import based economy and we have to turn the tables and make Indian products available for the global economy. India should be a well-established supplier of finished products to the world and for that you need extensive exploration of mineral resources and setting up of ancillary industries to convert these resources into finished products”, he added.

An electrical engineering graduate and an Alumni of IMD, Lausanne - Switzerland and IIM Calcutta, Duggal is steering Hindustan Zinc (HZL) to achieve a metal production capacity of 1.5 million tonne and 1500 tonnes of silver within a span of five years and it is during his tenure, that HZL emerged as a fully underground mining company. He is also the Chairman of the Vedanta Ethics Committee and anchors Vedanta HSE Council and has embedded a strong culture of safety culture in the company with adoption of best-in-class mining and smelting techniques.

Financial Express |

About 10 bauxite mines to go under hammer in next two months: Secretary

As many as 41 mineral blocks were auctioned in three months to February post-amendment in rules and around 10 more bauxite mines would be put under the hammer in the next two months, a top official said today.

"In the three months, that is December, January and February, post amendment (of auction rules) 41 blocks have come on auction," Mines Secretary Arun Kumar said here. He was speaking at a conference on non-ferrous metals industry titled 'Landscape for Non-Ferrous Metals in India 2030' which was organised by FICCI.

"With more transparent auction process in place and the issue of price fixation likely to be resolved by the next month or so about 10 bauxite blocks would be coming up for auction in the month of March and April in this calendar year," the secretary said.

Stating that 28 mineral blocks were auctioned in the first eight months of the ongoing fiscal, Kumar said going forward some copper mines would also be put up for bidding.

millenniumpost |

Govt to auction 10 bauxite mines in next two months

As many as 41 mineral blocks were auctioned in three months to February post amendment in rules and around 10 more bauxite mines would be put under the hammer in the next two months, a top official said on Tuesday.

"In the three months, that is December, January and February, post amendment (of auction rules) 41 blocks have come on auction," Mines Secretary Arun Kumar said here.

He was speaking at a conference on non-ferrous metals industry titled 'Landscape for Non-Ferrous Metals in India 2030' which was organised by FICCI. "With more transparent auction process in place and the issue of price fixation likely to be resolved by the next month or so about 10 bauxite blocks would be coming up for auction in the month of March and April in this calendar year," the secretary said. Stating that 28 mineral blocks were auctioned in the first eight months of the ongoing fiscal, Kumar said going forward some copper mines would also be put up for bidding.

"On copper, our domestic production is only about four per cent of our domestic requirements. There as well there will be blocks coming up for auction and though for a long time certainly will be dependent on foreign sources of copper concentrate," Kumar said.

The government, he said, has taken a conscious decision to shift more and more towards deep-seated minerals and non-ferrous minerals as this is the area which has very high potential.

Indian Non-Ferrous Metals to contribute significantly to Atmanirbhar Bharat: VK Saraswat, Member, NITI Aayog

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Govt. shifting its exploration focus to deep seated minerals and non-ferrous metals: Secretary Mines

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