ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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FGP-Decline in Profitability

Setting the Pace in Aluminium HINDALCO INDUSTRIES, one of the largest manufacturers of aluminium in the country, achieved a production of 1*39.762 tonnes of primary metal and 36,414 tonnes of rolled and extrusion products during the year ended March 31,1991. The company expanded its installed capacity for aluminium metal from 1.35 lakh tonnes to 1.50 lakh tonnes during the year. An application was made to the government to grant an increase in licensed capacity by 1.5 lakh tonnes to take the total licensed capacity to 3 lakh tonnes. The techno-economic considerations for putting up a 1.5 lakh tonne per annum capacity smelter were examined and found acceptable. Work on the installation of another cold rolling mill is under way. The company continues to import new technologies and absorb them. For instance, the 'seed washing system' for the alumina plant was imported and absorbed in 1989-90. The company is currently implementing the absorption programme of the imported technology for modernisa tion of finishing facilities in the rolling mills.

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