The aluminium ingot industry is a major component of the global metals sector, supplying raw materials for a wide range of applications, including aerospace, automotive, construction, and electrical components. Commercial aluminium production began in the nineteenth century, and the industry has expanded significantly with the increasing use of aluminium in manufacturing and infrastructure development.
Global aluminium ingot production was estimated at over 58 million metric tons annually, according to the report. In 2019, China, Russia, and the United States were identified as the leading producers, with combined output of approximately 29 million metric tons. China produced an estimated 15.5 million metric tons, Russia 8.5 million metric tons, and the United States 5 million metric tons during that year.
Aluminium ingots are primarily used to manufacture products such as sheets, foils, and extrusions. In 2019, the global aluminium sheet and foil market was valued at approximately $90 billion, while the aluminium extrusion products market was estimated at $74 billion. The global aluminium ingot industry was valued at approximately $31 billion in 2019, with a projected compound annual growth rate (CAGR) of 6.2% from 2020 to 2027.
Demand growth is supported by the automotive and aerospace industries, the need for lightweight materials, urbanization, and infrastructure development. Manufacturing aluminium alloys from primary aluminium and scrap provides an opportunity to produce materials with specified properties for downstream applications. A project with a stated capacity of 44MT per day requires appropriate melting and casting equipment, quality-control facilities, reliable raw-material sourcing, and compliance with applicable industrial and environmental requirements.
| Particulars | Project Details |
|---|---|
| Plant Capacity | 44 Ton/Day |
| Land & Building ( 1 Acre) | Rs. 10.58 Lacs |
| Plant & Machinery | Rs. 3.68 Cr |
| Working Capital for 2 Month | Rs. 63.97 Cr |
| Total Capital Investment | Rs. 68.06 Cr |
| Rate of Return | 31% |
| Break Even Point | 36% |
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